As of 2023, the fish meal production in the Philippines stands at 12.0 thousand metric tons. Forecasts suggest that the production will remain steady from 2024 to 2028, with each year maintaining the same level of 12.0 thousand metric tons. There is no year-on-year variation percentage within this forecast period as the production value remains constant. Looking at a longer-term trend, the production has shown stability with no significant fluctuations or growth, resulting in a flat CAGR over the last five years.

Future trends to watch for:

Potential changes in global demand for fish meal which could influence production levels.
Technological advancements or innovations in the fisheries sector that could affect production efficiency.
Environmental policies or sustainability concerns that could impact fish meal production practices.