The forecast for Germany's production of frozen, gutted, and headed cods, hakes, and haddocks shows a steady year-on-year increase from 2024 to 2028, with projected values rising gradually. In 2023, the production was at 1.87 million euros, serving as a baseline for these forecasts. The production values forecasted for 2024 to 2028 demonstrate a compound annual growth rate (CAGR), indicating moderate yet consistent growth in the market over the five-year span.
Future trends to watch for include:
- Sustainability measures in fishing and processing to meet environmental regulations.
- Technological advancements in fishing and processing techniques improving efficiency.
- Potential shifts in consumer preferences towards plant-based alternatives.
- Global economic factors affecting demand in export markets.