The forecast for fish meal domestic consumption in the US shows a steady decline from 2024 to 2028. The data indicates a consumption of 196.0 thousand metric tons in 2024 down to 183.0 thousand metric tons in 2028, reflecting a consistent downward trend.
Key observations:
- Year-on-year variation from 2024 to 2025 is -1.53%.
- Year-on-year variation from 2025 to 2026 is -2.07%.
- Year-on-year variation from 2026 to 2027 is -1.59%.
- Year-on-year variation from 2027 to 2028 is -1.61%.
- Compound annual growth rate (CAGR) over the last five years (2024-2028) is -1.7%.
Future trends to watch for include potential impacts of sustainable fishing practices, changes in dietary preferences, and technological advancements in alternative protein sources, which could further influence the consumption levels of fish meal in the domestic market.
