In 2023, the production value of squids, cuttlefishes, and octopuses in capture fisheries for human consumption in Italy stood at 110.70 million euros. From 2024 to 2028, forecasted growth shows a steady year-on-year increase: 3.47% in 2025, 3.32% in 2026, 3.18% in 2027, and 3.04% in 2028. The compound annual growth rate (CAGR) over this period is approximately 3.25%, indicating a consistent positive trend.
Future trends to watch for:
- Impact of climate change on marine habitats, potentially affecting squid populations.
- Evolution of consumer preferences towards sustainable and locally-sourced seafood.
- Technological advancements in fishing techniques boosting efficiency and yield.
