The forecast for pelagic fish feed in Italy shows a steady increase from 260.19 thousand metric tons in 2024 to 273.45 thousand metric tons in 2028. Comparing the year-on-year variations, the growth rates are gradually tapering around 1.3% to 1.4%. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 1.26%.
In 2023, the amount of pelagic fish feed stood below these forecasted numbers, indicating consistent sector growth.
Future trends to watch for include:
- Increasing demand for sustainable and efficient aquaculture practices.
- Potential regulatory changes impacting feed content and sourcing.
- Technological advancements in feed production that could alter growth dynamics.
- Global economic factors influencing raw material costs and supply chains.
