Forecast: Total Shrimp Production in Capture Fisheries for Human Consumption in France

The total shrimp production in capture fisheries for human consumption in France is projected to grow from 3.839 million Euros in 2024 to 4.7409 million Euros in 2028. In 2023, the production stood at an undisclosed value and forecasts indicate a steady year-on-year increase averaging 5.4% across the forecasted period. This optimistic outlook is driven by growing consumer demand and advancements in capture technology. Over the five-year span from 2024 to 2028, the compound annual growth rate (CAGR) is estimated to be around 5.4%.

Future trends to watch for include:

  • Fluctuations in global shrimp prices that could affect local production costs and pricing strategies.
  • Environmental regulations that may impact sustainable fishing practices.
  • Technological innovations in shrimp capture methods and processing efficiency.
  • Potential impacts of climate change on shrimp habitats and availability.

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