The production value of frozen shrimps and prawns in Italy's capture fisheries is forecasted to decline sharply from €19.135 million in 2024 to €4.2429 million by 2028. This represents significant year-on-year decreases of -19.8% in 2025, -24.4% in 2026, -31.9% in 2027, and -46.3% in 2028. The compound annual growth rate (CAGR) over these five years is projected at -33.6%, indicating a sustained downward trend.
Future trends to watch for:
- Potential shifts in consumer demand towards fresher or alternative seafood options.
- Impact of regulatory changes on capture fisheries and sustainability efforts.
- Technological advancements in aquaculture potentially affecting capture fisheries.
- Economic factors or geopolitical events influencing the seafood market.
