The demersal fish market in Canada is projected to grow steadily from 2024 to 2028. The market volume, starting at 220.54 thousand metric tons in 2024, will reach approximately 234.45 thousand metric tons in 2028, marking a gradual increase over these years. In 2023, the actual volume stood slightly lower, establishing a foundation for this forecasted upward trend. The year-on-year percentage change suggests consistent growth with a noticeable annual rise.

Future trends to watch for:

Innovation in sustainable fishing practices and regulations that could impact market dynamics.
Potential changes in consumer preferences towards responsibly sourced seafood.
Market responses to climate change including shifts in fish populations due to varying ocean temperatures.
Economic developments affecting market demand and international trade policies specific to seafood.