In 2023, the whole fresh European flying squid production in Italy’s capture fisheries for human consumption stood at a certain baseline level. From 2024 onwards, the forecasted values show a consistent year-on-year increase: 8.3% in 2025, 7.6% in 2026, 7% in 2027, and 6.5% in 2028. Over the forecasted period from 2024 to 2028, the compound annual growth rate (CAGR) suggests an average annual increase of about 7.35% in market value.
Future trends to watch for include:
- Potential impacts of regulatory changes affecting capture fisheries in Italy.
- Shifts in consumer demand and preferences for fresh seafood.
- Environmental factors affecting squid populations.
- Technological advancements in fishing equipment and methods.
