Fish meal domestic consumption in South Africa is forecasted to increase gradually from 68.0 thousand metric tons in 2024 to 70.0 thousand metric tons by 2028. The year-on-year variation from 2024 to 2025 is approximately 1.47%, followed by no change in 2026. From 2026 to 2027, the consumption shows a rise of 1.45%, remaining stable in 2028. The 5-year CAGR from 2024 to 2028 stands at 0.73%, reflecting a steady but modest growth rate in the fish meal consumption market.
Future trends to watch for:
- Potential impacts of climate change on fish stock availability.
- Shifts in domestic feed industry demand for fish meal.
- Evolving trade policies and their effect on import-export dynamics.
- Technological advancements in sustainable fish meal production.
