The import of meals, flour, and pellets of seafood for animal feed to the US is projected to increase steadily from 2024 to 2028, with values rising from 143.05 million USD in 2024 to 159.49 million USD in 2028. This gradual increase reflects an annual growth rate, consistent with a Compound Annual Growth Rate (CAGR) that signals moderate but steady expansion in the market.
While specific year-on-year percentage changes have not been detailed for 2023, the forecast data suggest sustained demand and reliance on imported seafood-derived products for animal feed.
Future trends to watch for include potential shifts in global demand and supply dynamics, regulatory changes impacting the seafood industry, and innovations in alternative animal feed ingredients that might affect import levels. Monitoring these factors could be crucial for stakeholders in the sector.
