The seafood processing turnover in Germany shows a consistent upward trend from 2024 to 2028, with values rising steadily from 2.97 billion euros to 3.09 billion euros. With 2023 as the baseline, the forecasted data reflects a modest but stable growth rate.
Year-on-year variations illustrate an incremental rise of approximately 1% per year, with a compounded annual growth rate (CAGR) of around 1% over the five-year period from 2024 to 2028.
Trends to watch for:
- Sustainable seafood practices’ impact on production costs and consumer preferences.
- Technological advancements in seafood processing improving efficiency and product quality.
- Regulatory changes affecting import/export dynamics and local market conditions.