The forecast for Germany's sold production of processed and preserved fish, crustaceans, and molluscs suggests moderate growth from 2024 to 2028. In 2023, the sector reached approximately 1.3847 billion euros, and projections indicate steady year-on-year increases reaching up to 1.4296 billion euros by 2028.
Year-on-year growth is expected to be incremental, with small percentage increases each year. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is forecasted to be modest, emphasizing stable market expansion without sharp fluctuations.
Future trends to watch for include:
- Increasing consumer demand for sustainable and ethically sourced seafood products.
- Innovations in processing technology that could enhance product quality and shelf-life.
- Potential impacts of regulatory changes and environmental factors on production processes.