In Greece, the processed anchovies market, excluding minced products and prepared meals, was valued at 6.8777 million euros in 2023. This represented a year-on-year growth of 1.66%. Over the past two years, the market showed consistent but modest growth. The five-year compound annual growth rate (CAGR) stood at 2.19%, indicating a steady increase despite some fluctuations in individual years.
Future trends to watch include potential growth driven by increasing demand for high-quality processed seafood, as well as shifts in consumer preferences towards ready-to-use anchovies. Market expansion could also be influenced by developments in local fishing regulations and global supply chain dynamics.
