In 2023, the production value of fresh squids, cuttlefishes, and octopuses in Italy's capture fisheries for human consumption was estimated at €106 million. The data forecasts this value to increase from €110.47 million in 2024 to €125.74 million by 2028. Year-on-year growth ranges between 3.51% (2025) and 3.08% (2028), suggesting a steady upward trend. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 3.36%, highlighting a consistent expansion of the market.
Future trends worth watching include:
- Environmental and regulatory impacts on marine biodiversity and fishing practices.
- Technological advancements in sustainable fishing techniques.
- Shifts in consumer preferences towards sustainable seafood options.
- International trade policies affecting seafood imports and exports.