Forecast: Frozen Shrimps and Prawns Production in Capture Fisheries in Germany

In 2023, the production of frozen shrimps and prawns in capture fisheries in Germany stood at an estimated value preceding the forecasted data beginning in 2024. From 2024 to 2028, production is expected to increase significantly, demonstrating consistent year-on-year growth: 7.66% from 2024 to 2025, 7.09% from 2025 to 2026, 6.59% from 2026 to 2027, and 6.15% from 2027 to 2028. The compound annual growth rate (CAGR) for the forecast period is anticipated to be approximately 6.9%, indicating robust growth over these five years.

Future trends to watch for:

  • Monitor technological advancements in sustainable capture fishing methods that may impact production efficiency.
  • Assess environmental regulations and policies that could influence production levels and market dynamics in Germany.
  • Stay aware of potential shifts in consumer demand for frozen shrimps and prawns driven by health and culinary trends.

Top Countries about Wild Fisheries