Between 2012 and 2022, the Frozen Fish Fillets Market in Italy exhibited a generally upward trend with some fluctuations. In the early years, the market was relatively stagnant but saw significant growth starting in 2015, with notable year-on-year increases such as 19.77% in 2015 and 11.71% in 2016. However, a slight decline occurred in 2019, followed by marginal growth in 2020. The market witnessed a substantial increase in 2021 by 15.12%, and by 2022, it had stabilized with a minor year-on-year growth rate of 0.058%. The compound annual growth rate (CAGR) over the last five years (2018-2022) was 4.2%.
Future Trends to Watch For:
- Impact of rising health consciousness which could drive demand for nutritious and convenient food options like frozen fish fillets.
- Technological advancements in freezing and packaging to enhance shelf-life and quality.
- Potential effects of sustainability trends and regulations on fishing practices and market supply.
- Consumer preference shifts towards home-cooked meals and away-from-home dining post-pandemic recovery.
How does Italy rank in Frozen Fish Fillets Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,254,300,000 | 2023 | +1.67% | +1.07% | View data |
| 2 | 2 Germany | 1,048,100,000 | 2023 | -1.67% | -1.83% | View data |
| 3 | 3 Spain | 1,007,100,000 | 2023 | +3.18% | +3.73% | View data |
| 4 | 4 Italy | 878,920,000 | 2023 | +4.06% | +2.74% | |
| 5 | 5 Poland | 356,160,000 | 2023 | +2.26% | +2.74% | View data |
| 6 | 6 Sweden | 310,010,000 | 2023 | +2.09% | +2.38% | View data |
