The processed fish market in Spain showed varying trends from 2013 to 2023. Starting at 7.59 kg per capita in 2013, consumption increased to 8.5 kg in 2015, followed by a decline in 2016 to 7.12 kg. From 2019 onwards, there was a steady increase, reaching 10.33 kg per capita in 2023. Recent years saw a significant year-on-year increase of 4.24% between 2022 and 2023. Over the last five years, the compound annual growth rate (CAGR) stood at 2.85%, indicating a consistent upward trend since 2019.
Future trends to watch include:
- Growth in the health-conscious segment, possibly boosting demand further.
- Technological advancements in processing and packaging could influence consumption patterns.
- Impact of economic factors and environmental concerns on consumer preferences.
