The whole frozen crustaceans production in capture fisheries for human consumption in Italy is forecasted to decline significantly between 2024 and 2028. In 2023, this market stood at approximately 22 million Euros. Year-on-year changes indicate a steady decrease: -20.8% from 2024 to 2025, -26% from 2025 to 2026, -34.7% from 2026 to 2027, and -52.6% from 2027 to 2028. The compounded annual growth rate (CAGR) over these five years portrays a severe downward trend in production value by an average of -33.9% annually.
Future trends to watch for include:
- Potential shifts in consumer preferences toward sustainable or alternative seafood options.
- Impact of climate change on marine ecosystems affecting crustacean populations.
- Regulatory changes in fishing quotas and practices that could influence capture fisheries dynamics.