In 2023, fresh shellfish production in capture fisheries in Italy stood at an estimated value that has served as a baseline for subsequent forecasts. From 2024 through 2028, the fresh shellfish production is projected to grow steadily from 378.83 million Euros to 431.12 million Euros. This indicates a consistent annual increase, reflecting a positive growth trend in the industry.
Year-on-year, the growth rates are: 3.5% from 2024 to 2025, 3.36% from 2025 to 2026, 3.22% from 2026 to 2027, and 3.08% from 2027 to 2028. Over the forecast period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) is around 3.29%.
Future trends to watch for:
- Environmental regulations impacting capture fisheries.
- Technological innovations in sustainable fishing practices.
- Shifts in consumer demand towards sustainably sourced seafood.
