In 2023, the consumption of cured fish and shellfish in the US was 0.34 pounds. Forecasts from 2024 to 2028 indicate a minimal growth trend, starting at 0.35 pounds and reaching 0.36 pounds by 2028. The year-on-year growth for 2027 to 2028 is approximately 2.86%. The compound annual growth rate (CAGR) from 2024 to 2028 is modest, reflecting a stable but slow upward trend in consumption.
Future trends to watch for include:
- Consumer preference shifts towards healthier or alternative protein sources.
- Impact of sustainability practices within the fishing industry.
- Evolving regulations and their effect on market availability and pricing.
- Changes in economic conditions influencing discretionary spending on premium seafood products.
