As of 2023, the Seafood Processing Sector in Germany employed approximately 7.14 thousand people. Forecasts from 2024 to 2028 indicate a declining trend, with the number of employees expected to decrease to 6.66 thousand. This trend reflects a consistent decline in workforce, with a year-on-year reduction ranging around 1.3% to 1.4%. The compounded annual growth rate (CAGR) over this period is negative, underscoring the steady decrease in employment across the sector.
Future trends to watch for:
- The impact of automation and technological advancements on workforce needs.
- Shifts in consumer preferences towards plant-based and sustainable seafood alternatives potentially affecting market demand.
- Regulatory changes in fishing quotas and environmental policies influencing production capabilities.