The forecast for Italy's total seafood production in capture fisheries for industrial processing predicts a consistent year-on-year decline. Starting at 6.74 thousand metric tons in 2024 and decreasing by an average of 0.17% annually, the production volume is expected to reach 6.51 thousand metric tons by 2028. This steady decrease results in a compound annual growth rate (CAGR) of approximately -0.87% from 2024 to 2028. For reference, the production level stood at 6.80 thousand metric tons in 2023, indicating a gradually declining trend.
Future trends to watch for include:
- Impact of regulatory changes on fishing quotas and practices.
- Technological advancements improving efficiency and sustainability in fishing.
- Environmental factors affecting fish stock and marine ecosystems.
- Shifts in consumer preferences towards alternative protein sources.
