From 2013 to 2023, the smoked fish market in France has shown a gradual decline in per capita consumption, falling from 0.73 to 0.49 kilograms. In recent years, from 2021 to 2023, consumption decreased by almost 10 percent, emphasizing a sustained downward trend. The compound annual growth rate (CAGR) over the past five years has been negative, indicating a consistent yearly average decline. In 2023, the market stands at 0.49 kg per capita, suggesting a significant shrinkage in demand.
Future trends to watch for:
- Consumer preferences shifting towards plant-based and alternative protein sources.
- Increasing health and environmental awareness influencing dietary choices.
- Potential market opportunities for premium and gourmet smoked fish varieties.