The forecast for axillary seabream production in French capture fisheries shows incremental growth from 2024 to 2028, with values rising from 2.2 to 2.37 thousand euros per metric ton. In 2023, the production value was below 2.2, marking a steady upward trajectory.
Year-on-year growth exhibits a consistent increase of around 1.82%-2.0%, indicative of a stable demand and favorable market conditions. The compound annual growth rate (CAGR) is expected to reflect an average growth rate of approximately 1.85% per year over this period.
Future trends to watch include potential impacts from environmental policies, advancements in sustainable fisheries practices, and market demand shifts influenced by consumer preferences towards sustainable seafood. Continued monitoring of industry regulations and technological developments will be vital.
