In 2023, the pelagic fish market size volume per capita in Canada stood at 3.10 kg. From 2024 to 2028, forecasted figures illustrate a downward trend, starting at 3.01 kg in 2024 and declining to 2.66 kg by 2028. Year-on-year changes indicate a consistent decrease with an approximate annual reduction of around 3-4%. Considering the longer five-year span from 2024 onward, the compound annual growth rate (CAGR) reflects this decline, suggesting a modest but steady decrease in consumption over this period.
Future trends to watch for include:
- Health trends impacting fish consumption, potentially altering demand.
- Environmental sustainability influencing fishing practices and supply chains.
- Changes in consumer preferences towards alternative proteins affecting market dynamics.
