The total aquaculture production in the US for 2024 is forecasted to reach 492.11 thousand metric tons, marking a continuing trend of growth for the industry. In 2023, actual data showed production of 489.4 thousand metric tons. From 2024 to 2028, forecasted production shows a stable year-on-year growth: 0.57% increase in 2025, 0.55% in 2026, 0.54% in 2027, and 0.53% in 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is projected at 0.55%, indicating a slow but steady rise in production.
Future trends to watch for:
- Technological advancements in aquaculture that may increase production efficiency
- Sustainable practices and their impact on long-term growth
- Market demand and consumer preferences shifting towards more aquaculture products
- Regulatory changes affecting production methods and capacities