The forecasted fish meal supply in Canada remains stable from 2024 to 2028 at 125.0 thousand metric tons per year. In comparison, 2023 saw a supply of 125.0 thousand metric tons, indicating no year-on-year change over these years. Over the past five years, the compound annual growth rate (CAGR) is 0%, demonstrating a consistent supply volume without any significant increase or decrease.
Future trends to watch for include potential changes in fishery regulations, shifts in global fish meal markets, and advancements in alternative protein sources which may impact supply dynamics. Environmental factors and sustainability practices could also play a crucial role in shaping future fish meal production trends.
