In 2023, the value of aquaculture production per employee in the US stood at 224.57 thousand US dollars per fish farmer. The forecasted data from 2024 to 2028 shows a steady annual increase. Specifically, the value is expected to rise from 227.95 in 2024 to 241.17 by 2028. Year-on-year percentage variations reflect a consistent and moderate growth: 1.5% from 2023 to 2024, 1.5% from 2024 to 2025, 1.4% from 2025 to 2026, 1.4% from 2026 to 2027, and 1.3% from 2027 to 2028.
Over the last two years, this trend indicates consistent incremental gains in productivity per employee. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 projects an average yearly increase of 1.42%.
Future trends to watch for:
- Technological advancements in aquaculture that could further enhance productivity and efficiency.
- Market demand shifts influenced by consumer preferences and regulatory changes impacting production value.
- Climate change and environmental factors affecting aquaculture operations and outputs.
