The forecast for fresh shortfin squid production in France from 2024 to 2028 predicts steady growth. In 2023, production was at the baseline level that the 2024 forecast continues from. The expected year-on-year growth is diverse: 3.77% in 2025, followed by 2.73% in 2026, 3.54% in 2027, and 2.56% in 2028. Over the five-year period from 2023 to 2028, the compound annual growth rate (CAGR) is projected to be moderate, reflecting consistent development in capture fisheries for human consumption.
Future trends to watch for include:
- Impact of climate change on marine biodiversity and squid populations.
- Technological advancements in fishing methods improving efficiency.
- Changes in consumer demand for sustainable seafood options.
- Potential regulatory changes and their effects on capture quotas.
- Global market dynamics and France’s role in the international seafood trade.