In 2023, the cooked seafood production in capture fisheries for human consumption in Germany was measured at a certain baseline value. Forecast estimates predict a steady increase in value from 47.011 million Euros in 2024 to 49.765 million Euros in 2028. This represents year-on-year growth rates of approximately 1.49% for 2025, 1.44% for 2026, 1.42% for 2027, and 1.38% for 2028. The compound annual growth rate (CAGR) over this five-year period is roughly calculated at 1.43%.
Future trends to watch for include:
- Environmental factors impacting fish stock sustainability, affecting production capacity.
- Changes in consumer preferences toward sustainable and locally sourced seafood products.
- Technological advancements in processing and distribution enhancing efficiency.
- Economic factors such as inflation or exchange rates influencing seafood market dynamics.