As of 2023, the production value of cooked shrimp in capture fisheries for human consumption in Germany stood at approximately 45.8 million euros. The forecast data indicates a steady year-on-year increase, with values projected to reach 46.154 million euros in 2024, incrementally climbing to 47.567 million euros by 2028. This reflects a compound annual growth rate (CAGR) of about 1.5% over the forecasted period.
Future trends to watch for include:
- Emerging technologies improving fishing and processing efficiencies, which could further drive production value.
- Potential shifts in consumer preferences towards sustainable and ethically sourced seafood options, impacting market dynamics.
- Regulatory changes within the EU that may influence capture fisheries policies and practices.