In 2023, the value of frozen surmullet production in capture fisheries for human consumption in Italy stood at €186.3 thousand. The forecast between 2024 and 2028 indicates a significant upward trend, with consistent annual increases. From 2024 to 2025, the increase is approximately 15.5%, followed by similar substantial growth rates each year, concluding with a 10.3% rise from 2027 to 2028. Over the five-year period, the compound annual growth rate (CAGR) is projected to be around 14.4%, depicting a robust market approach expected for this product.
Future trends to watch for include potential impacts of changing consumer preferences towards sustainable seafood, developments in capture fisheries technology, and evolving regulatory requirements. Additionally, economic conditions and market demand shifts can influence these projections significantly.