According to the forecasted data, the whole frozen giant red shrimp production in capture fisheries for human consumption in Italy is expected to decline annually, from 19.806 million euros in 2024 to 9.5325 million euros in 2028. This represents a year-on-year decrease trend averaging approximately 15-20% over this period. In 2023, the value of this market stood at 19.806 million euros.
Future trends to watch for:
- Environmental and regulatory factors impacting capture fisheries.
- Potential shifts in consumer demand towards alternative seafood products.
- Technological advancements in fishing and processing practices.
- Changes in trade policies affecting Italy's seafood import and export dynamics.
