The production of whole frozen shrimps and prawns in capture fisheries in Germany was at 1 million Euros in 2023. Forecasts indicate a steady growth from 2024 to 2028. Year-on-year growth rates are forecasted as follows: 6.2% increase from 2024 to 2025, 5.8% from 2025 to 2026, 5.4% from 2026 to 2027, and 5.1% from 2027 to 2028. The compound annual growth rate (CAGR) for this period is projected to be 5.6%.
Future trends to watch for:
- Environmental policies impacting capture fisheries practices.
- Technological advancements in fishing techniques and processing.
- Market demand changes influenced by dietary trends and consumer preferences.
