In 2023, Canada's stock of crustaceans stood at a certain baseline. From 2024 prognosis, a consistent annual increase in crustacean stock is observed, showing a year-on-year growth of around 5.8% in 2025, 5.4% in 2026, 5% in 2027, and 4.7% in 2028. This consistent upward trend indicates positive momentum in crustacean stocks over the forecast period, with a compound annual growth rate (CAGR) highlighting steady expansion from 2024 to 2028.
Future trends to watch for:
- Environmental factors influencing crustacean habitats and reproduction rates.
- Market demand fluctuations driven by dietary trends and international trade dynamics.
- Regulatory changes impacting catch limits and sustainability efforts.
