In 2023, the value of fresh blue and red shrimp production for human consumption in Italy stood at an estimated Thousand Euros Per Metric Ton. Looking forward: from 2024 to 2025, a minor year-on-year increment of approximately 0.53% is anticipated, reflecting stable growth. Similarly, projections from 2025 to 2026 foresee a 0.57% increase, followed by consistent growth through 2028. The compound annual growth rate (CAGR) over this five-year horizon stands approximately at 0.55%, denoting a steady market without major fluctuations.
Future trends to watch for include:
- Environmental and sustainability concerns affecting capture fisheries.
- Potential impacts of climate change on shrimp habitats and supply dynamics.
- Shifts in consumer preferences that may favor more sustainable and eco-friendly seafood options.
- Regulatory changes within the EU regarding fishing quotas and industry standards.