The Global Pelagic Fish Feed market is led predominantly by China, with significant contributions from Japan and Norway. However, there's a clear gap with China holding substantially more share than others. Recent developments reveal steady growth for Vietnam, India, and Bangladesh, contrasting with declines in Japan and Norway. Noteworthy year-on-year growth includes Oman and Angola, while countries like Malaysia and Russia experienced substantial declines.
Future trends to watch include China's continued dominance and growth potential in African markets such as Angola and Nigeria. Environmental regulations and sustainable practices may alter feed production in top markets, potentially reshaping global dynamics.
Top countries in Pelagic Fish Feed Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 55.42 | 2023 | +1.59% | +1.35% | View data |
| 2 | 2 Japan | 6.03 | 2023 | -1.92% | -2.05% | View data |
| 3 | 3 Norway | 4.24 | 2023 | -1.06% | -1.5% | View data |
| 4 | 4 Taiwan | 3.29 | 2023 | -1.35% | -1.75% | View data |
| 5 | 5 Chile | 2.59 | 2023 | +0.036% | +0.018% | View data |
| 6 | 6 Vietnam | 2.41 | 2023 | +5.41% | +6.83% | View data |
| 7 | 7 India | 2.13 | 2023 | +1.2% | +2.35% | View data |
| 8 | 8 Indonesia | 1.83 | 2023 | +1.79% | +1.25% | View data |
| 9 | 9 Greece | 1.73 | 2023 | -0.0086% | -0.012% | View data |
| 10 | 10 United States | 1.44 | 2023 | +2.21% | +2.56% | View data |
