The market size value per capita for processed tuna, skipjack, and Atlantic bonito in Spain increased from €52.53 in 2013 to €64.5 in 2023. Year-on-year growth varied, with notable increases between 2016 and 2019 and a decline in 2020 followed by recovery. From 2021 to 2022, there was an 8.74% increase, followed by a smaller rise of 1.57% from 2022 to 2023. The compound annual growth rate (CAGR) from 2018 to 2023 was approximately 1.06%, indicating moderate growth over the last five years.
Future trends to watch include potential impacts of consumer preferences, sustainability trends impacting fishing practices, and economic factors influencing purchasing power. Keep an eye on how health consciousness and environmental concerns might shift demands towards more sustainable seafood options within this market segment.
