The forecast for Italy's frozen blue and red shrimp production in capture fisheries indicates steady growth from 2024 to 2028, with values rising from €33.08k per metric ton in 2024 to €42.08k in 2028. As of 2023, the market stood at €31.0k per metric ton. Year-on-year growth is projected to hover around 6.9% in 2025, gradually decelerating to 5.6% by 2028. The compound annual growth rate (CAGR) over the five-year period is expected to be approximately 6.2%.
Future trends to watch for:
- Impact of climate change on shrimp ecosystems and capture fisheries.
- Technological advancements in fishing methods increasing efficiency.
- Changes in consumer preferences towards sustainable seafood options.
- Regulatory shifts affecting the capture fisheries sector.
