The forecasted data indicates a steady growth in the production value of frozen, filleted seafood in capture fisheries for human consumption in Germany from 2024 to 2028, starting at 21.183 million Euros in 2024 and reaching 23.393 million Euros by 2028.
This positive trend reflects an increasing demand and potentially enhanced efficiency in production within the industry. To capture interest rate accurately, the year-on-year growth rates show incremental rises, averaging a Compound Annual Growth Rate (CAGR) over the five-year period.
Future trends to watch for include:
- Impact of sustainable fishing practices on production costs.
- Effects of climate change on fish harvest volumes.
- Potential economic changes causing shifts in consumer preferences.
- Technological advancements in food preservation techniques.
