In 2023, the fresh European flying squid production in capture fisheries in Italy was recorded at 2.22 million euros. From 2024 onwards, forecasted data indicates consistent growth: a year-on-year increase of about 8.3% in 2025, 7.6% in 2026, 7.0% in 2027, and 6.4% in 2028. Over a five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is approximately 7.2%, reflecting a steady upward trend driven by increased demand and improved fishing strategies.
Future trends to watch for:
- Potential shifts in policy or regulation affecting capture fisheries.
- Technological advancements enhancing sustainability and yield.
- Changes in market demand influenced by consumer preferences and economic conditions.