In 2023, production of fresh squids, cuttlefishes, and octopuses in capture fisheries for human consumption in Germany was at its baseline before forecasting began in 2024. The data from 2024 to 2028 show a consistent upward trend in production with an annual year-on-year increase of approximately 5% each year.
CAGR for the period from 2024 to 2028 is estimated at around 5.25% annually, indicating a steady growth in production capacity and demand. This positive trend suggests an expanding market for these seafood products in Germany.
Future trends to watch for include potential changes in consumer preferences towards sustainable and ethical sourcing, possible economic impacts on seafood prices affecting demand, and advancements in aquaculture technology boosting domestic production efficiency.
