The production value of frozen, filleted saithe pollock for human consumption in capture fisheries in Germany is projected to steadily decline from €638.42 million in 2024 to €574.76 million by 2028. Comparing the forecast against 2023 data, which was €658.20 million, the industry experiences a year-on-year reduction of approximately 2.14% from 2024 to 2025, followed by consistent annual declines. The five-year compound annual growth rate (CAGR) is expected to be around -2.59%, indicating a gradual contraction in production value.
Future trends to watch for include:
- Fluctuating global demand and pricing for fish and seafood due to environmental policies and sustainability practices.
- Potential impacts of climate change on fish stock availability.
- Evolving consumer preferences towards alternative protein sources which may further affect market demand.
- Technological advancements in fishing and production that might mitigate value loss.