The gutted fresh finfish production in German capture fisheries for human consumption is projected to decline from 2024 to 2028. The industry witnessed a valuation of 5.0561 million Euros in 2023. From 2024 to 2028, the annual drop in production value ranges from –8.4% to –10.91%, indicating a notable downward trend. The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 forecasts an average annual decrease of approximately 9.4%.
Future trends to watch:
- Sustainability initiatives might influence production practices.
- Regulatory changes may impact fishing quotas and industry dynamics.
- Consumer demand shifting towards aquaculture and alternative protein sources.
