Based on the forecasted data, fresh and frozen fish and shellfish consumption in the US is projected to experience steady growth from 2024 to 2028. From 2023 to 2024, the consumption was at 12.64 pounds, showing a consistent annual increase of approximately 0.9% in each subsequent year. By 2028, the consumption will reach 13.16 pounds. The compound annual growth rate (CAGR) over these five years is estimated to be around 0.8% annually.

Future trends to watch for:

Potential impacts of sustainability practices on fish and shellfish supply chains.
Shifts in consumer preferences towards plant-based or alternative seafood options due to health or environmental concerns.
Influence of inflation on consumer purchasing power and seafood market prices.
The role of technological advancements in aquaculture and distribution efficiency.