As of 2023, the value of Fresh Greater Forkbeard production in capture fisheries for human consumption in France stood at 2.15 thousand euros per metric ton. Forecasts from 2024 onwards show a gradual increase in value, rising from 2.18 in 2024 to 2.28 by 2028. Year-on-year growth appears modest, with 2025 and 2026 showing slight increments. Over these last five years, we anticipate a compound annual growth rate (CAGR) that reflects steady, albeit slow, market development.
Future trends to watch for include potential impacts of environmental changes on fish habitats, regulatory adjustments, and evolving consumer preferences which could influence market dynamics and demand for sustainable fishing practices. Other factors may involve technological advancements in fishing and processing, potentially affecting production costs and efficiencies.