In 2023, Germany's seafood production for industrial processing in capture fisheries stood at an estimated 2.47 thousand metric tons. From 2024 to 2028, forecasts show a consistent year-on-year growth: 2.76% in 2025, 2.31% in 2026, 2.63% in 2027, and 2.2% in 2028. Over this five-year period, the compound annual growth rate (CAGR) is projected at approximately 2.49%, indicating steady but moderate growth prospects for Germany's seafood industry.
Future trends to watch for include:
- Technological advancements in fishing and processing methods.
- Regulatory changes impacting fishing practices and quotas.
- Potential shifts in consumer preferences towards sustainably sourced seafood.
- Economic factors influencing domestic and export market demand.
