In 2023, Japan's fish meal domestic consumption stood at 360.0 thousand metric tons. From 2024 to 2028, the forecasted trend shows a year-on-year decline:
- 2024: 355.0 thousand metric tons (-1.39%)
- 2025: 350.0 thousand metric tons (-1.41%)
- 2026: 345.0 thousand metric tons (-1.43%)
- 2027: 341.0 thousand metric tons (-1.16%)
- 2028: 336.0 thousand metric tons (-1.47%)
Over the last two years, Japan has experienced an average annual consumption decline of approximately 1.4%. Looking ahead over a five-year period (CAGR), the average annual reduction in fish meal domestic consumption is forecasted to be around 1.37%.
Future trends to watch for include changes in aquaculture practices, potential shifts towards alternative protein sources, and evolving dietary trends impacting fish populations.
