In 2023, Italy's whole frozen aquatic animals production for human consumption reached an unspecified value, against which the 2024-2028 forecast reveals a significant decline, with values dropping from 18.293 million Euros in 2024 to 4.762 million Euros by 2028. Year-on-year analysis shows sharp declines of approximately 18.8% in 2025, 22.9% in 2026, 29.3% in 2027, and 41.2% in 2028, marking an accelerating downward trend. Over this five-year horizon, the compound annual growth rate (CAGR) signifies an average yearly decrease, reflecting broader challenges in capture fisheries for whole frozen aquatic products.
Future trends to watch for:
- Regulatory impacts on capture fisheries limiting production.
- Consumer demand shifts towards sustainable and fresh alternatives.
- Potential technological advancements in aquaculture.
