In 2023, the total production for squids, cuttlefishes, and octopuses in capture fisheries intended for human consumption in Germany was recorded as €8.00 thousand. The forecasted growth from 2024 to 2028 shows a gradual increase from €8.27 thousand to €9.44 thousand, indicating consistent demand. The year-on-year growth from 2024 to 2028 fluctuates around 3.5%. The compound annual growth rate (CAGR) over the five-year period is approximately 3.35%, reflecting steady market development.
Future trends to watch for:
- Potential impact of climate change on marine biodiversity and capture yields.
- Changes in consumer preferences towards sustainable seafood sourcing.
- Regulatory shifts within the European Union concerning marine conservation.
