The freshwater fish market size volume per capita in Chile stood at 1.45 Kilograms Per Capita in 2023. Based on the forecasted data, the market is expected to experience steady growth over the next five years, with values forecasted at 1.49 in 2024, 1.53 in 2025, 1.57 in 2026, 1.61 in 2027, and 1.65 in 2028. This represents a year-on-year growth rate of approximately 2.7% from 2023 to 2024.
Year-on-year variations:
- 2024: 2.8%
- 2025: 2.7%
- 2026: 2.6%
- 2027: 2.5%
- 2028: 2.5%
The Compound Annual Growth Rate (CAGR) for the forecast period (2024-2028) is anticipated to be around 2.6%. Over the last two years, the market has seen a steady increase, reflecting consistent consumer demand and the growth of the freshwater fish industry in Chile.
Future trends to watch for include potential impacts from sustainable fishing practices, regulatory changes, and shifts in consumer preferences towards healthier and locally-sourced food options. Market stakeholders should also keep an eye on advancements in aquaculture technology, which may further influence production efficiency and market supply. Environmental factors, such as water quality and climate change, could also play a significant role in shaping the future of the freshwater fish market in Chile.
