In France, the production of whole fresh brown seaweeds in capture fisheries, expressed in value, is forecasted to decline gradually from 2024 to 2028. Starting at 1.8574 million Euros in 2024, the value declines to 1.7026 million Euros by 2028, indicating a consistent downward trend. Notably, the year-on-year percentage changes highlight a steady annual decrease of around 2-3% over this period. The compound annual growth rate (CAGR) reflects an average annual decrease over these five years, suggesting a potential contraction in the industry’s economic value.
Future trends to watch for include:
- Potential shifts in seaweed harvesting technologies and practices.
- Environmental regulations impacting production.
- Market demand fluctuations driven by changing consumer preferences and sustainability trends.
- Impacts of climate change on seaweed growth and ecosystem health.