In 2023, frozen, filleted seafood production from capture fisheries in Germany was below 31.769 million Euros, marking the start of the forecast period in 2024. The forecast predicts a consistent year-on-year growth of approximately 3.4% through to 2028. By 2028, production is expected to reach 36.011 million Euros. This steady increase results in a compound annual growth rate (CAGR) of 3.3% over the five-year period. The positive trend indicates a robust expansion in this sector driven by factors such as increasing demand for sustainable seafood and advancements in production technologies.
Future trends to watch include shifts in consumer preferences towards more sustainable and locally sourced seafood options, potential impacts of regulatory changes within the EU, and technological innovations within the seafood industry that could further optimize production and distribution processes.
