In 2023, the production of frozen, filleted finfish in Germany was valued at approximately 21.5 million Euros. The forecast for subsequent years anticipates steady growth, with values rising to 26.812 million Euros by 2028. Year-on-year increases are roughly 5% indicating solid growth in this sector. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be around 4.5%.
Future trends to watch for:
- Innovations in sustainable fishing practices and eco-friendly packaging could impact production.
- Changing consumer preferences towards plant-based seafood alternatives may influence demand.
- Trade policies and economic conditions in the EU could alter production and consumption patterns.