The forecasted whole fresh Bigeye Scad production in capture fisheries in France from 2024 to 2028 shows a steady increase, starting at 49.6 metric tons in 2024 and rising to 57.4 metric tons by 2028. As of 2023, production was at 47.4 metric tons. The year-on-year growth rate mirrors this upward trajectory, with an increase in production of approximately 5.44% in 2024 over the previous year and a consistent growth rate in subsequent years. The CAGR over the forecast period is approximately 3.35%.
Future trends to watch for:
- Innovations in sustainable fishing practices that could boost production without harming marine ecosystems.
- Potential shifts in market demand influenced by global dietary trends prioritizing sustainable seafood.
- Government policies and regulations that could impact the fisheries industry, particularly regarding quotas and environmental protections.
- Economic factors such as currency fluctuations, which might affect export competitiveness of French fisheries products.
- Climate change impacts on marine life and production locations.