In 2023, the US seafood output stood at $5.80 billion. Based on the forecasted data from 2024 to 2028, the value is expected to grow steadily, reaching $6.17 billion by 2028.
Year-on-year analysis shows a consistent increase from 2024 to 2025 (1.36%), from 2025 to 2026 (1.34%), from 2026 to 2027 (1.16%), and from 2027 to 2028 (1.15%). When considered over a longer period, the Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 1.59%.
Future trends to watch for include technological advancements in aquaculture, regulatory changes, and emerging consumer preferences for sustainable and locally-sourced seafood. Monitoring these trends will be crucial for understanding long-term market dynamics and opportunities in the seafood industry.