The market size volume for processed herrings, whole or in pieces (excluding minced products and prepared meals and dishes) in Germany is forecasted at 71.789 million kilograms in 2024, a decrease from 73.5 million kilograms in 2023. Over the forecasted period from 2024 to 2028, the market is expected to contract continuously, with a compound annual growth rate (CAGR) of -2.90%. Notable annual declines are predicted, with a particularly sharp fall between 2027 and 2028, reflecting a steady downward trajectory for the product.
Future trends to watch for include:
- Changing consumer preferences towards fresh or alternative fish products, potentially driven by health and sustainability concerns.
- Increased market competition from other protein sources, which could impact demand negatively.
- Regulatory changes or environmental policies impacting fishing industries that could affect supply chain dynamics.