The crustacean feed market in Chile has shown significant fluctuations over the past decade. Beginning in 2014, the market experienced a dramatic surge in 2015 with a 216.67% increase, followed by a substantial decrease of 76.32% in 2016. Stability was achieved around 2017, with consistent year-on-year growth observed from 2018 onwards. By 2023, the market stood at 790 unit metric tons, marking a 3.95% increase from the previous year. The compound annual growth rate (CAGR) for the last five years has averaged 3.66%, indicating steady growth in the market.

Future trends to watch for:

Continued steady growth with an expected 2.55% CAGR over the next five years.
A forecasted 13.41% growth rate through 2028, suggesting ongoing market expansion.
Potential influences of economic and environmental factors that could impact feed demand and production capabilities.