Forecast: Cooked Crustaceans Production in Capture Fisheries for Human Consumption in Germany

In 2023, Germany's production of cooked crustaceans in capture fisheries for human consumption was valued at approximately 48 million Euros. The forecast shows a steady increase, reaching 52.02 million Euros by 2028, indicating a rising trend in production value. Analyzing the year-on-year variations, the production is expected to grow by roughly 1.6% to 1.7% annually over the next five years. The compound annual growth rate (CAGR) over this forecasted period suggests an average annual growth of approximately 1.6%.

Future trends to watch for include:

  • Potential shifts in consumer preferences towards sustainable seafood, possibly impacting production methods.
  • Regulatory changes in fishing quotas that could alter available seafood supply.
  • Advancements in aquaculture technologies impacting capture fisheries productivity.
  • The influence of climate change on marine biodiversity and fishing practices.

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