In 2024, Germany's fresh shrimp production in capture fisheries is forecasted at 170.4 metric tons, following the last recorded data in 2023 at approximately 157 metric tons. This indicates a projected increase of about 8.5% from 2023. Year-on-year, the production is expected to rise by 9.2% in 2025, 8.2% in 2026, 7.5% in 2027, and 6.8% in 2028. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is expected to be around 7.9%, showcasing a steady upward trend.
Future trends to watch for include:
- Advancements in sustainable fishing practices.
- Technological innovations in aquaculture to increase efficiency.
- Changing consumer preferences influencing market demand.
- Potential regulatory changes impacting capture fisheries.
