In 2023, the production value of fresh shrimps and prawns in capture fisheries in Germany stood lower than forecasted figures for 2024-2028. Forecasts indicate steady growth with year-on-year increases of approximately 3% from 2024 to 2028. This consistent upward trend reflects a positive outlook for the industry, driven by increased demand and improved fishing practices. Over the five-year period, the compound annual growth rate (CAGR) suggests a healthy expansion, underpinning the sector's resilience and adaptation capabilities.
Future trends to watch for include potential impacts from climate change on marine ecosystems, technological advancements in sustainable fishing, and changes in consumer preferences towards ethically-sourced seafood.
