The market size value per capita for cured edible fish offal, flours, meals, and pellets in Spain showed a general upward trend from 2013 to 2023, reaching €0.40 in 2023. Over the last two years, there was a notable rebound with year-on-year growth of approximately 26.7% from 2021 to 2022 and a smaller, yet steady increase of 5.3% from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) settled at a modest 1.3%, indicating moderate but consistent expansion.
Future trends to watch for include enhanced sustainability practices within the industry, potential dietary shifts boosting demand for nutrient-rich alternatives, and innovations in processing technologies leading to value-added product enhancements.
