Forecast: Fresh Seafood Production in Capture Fisheries for Industrial Processing in Germany

In 2023, the production value of fresh seafood for industrial processing in Germany stood at a lower position than what is forecasted from 2024 onwards. The anticipated growth from 2024 to 2028 reflects an upward trend, with projected increases each year: 4.22% in 2025, 3.92% in 2026, 3.64% in 2027, and 3.40% in 2028. Over this five-year forecast period, the compound annual growth rate (CAGR) is expected to be steady, indicating consistent growth in the seafood processing industry.

Future trends to watch for include:

  • Impact of sustainable fishing policies on production volumes.
  • Technological advancements in processing that could influence efficiency and costs.
  • Potential shifts in consumer demand towards alternative sources of seafood or plant-based alternatives.
  • Trade policies and their effects on seafood imports and exports.

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