The processed fish market in France exhibited a growth trend from 2013 to 2023, with the per capita value rising from €5.93 to €9.66. In 2023, the market value reached €9.66 per capita. Over the last two years, the market grew by approximately 4.62% from 2021 to 2022 and 4.43% from 2022 to 2023. The five-year compound annual growth rate (CAGR) from 2018 to 2023 is approximately 6.54%, signaling robust industry growth driven by increasing consumer demand and preference for convenience and processed seafood options.
Future trends to watch for include:
- Innovation in product offerings aligned with health-conscious and environmentally sustainable practices.
- Expansion of distribution channels, especially online platforms post-COVID-19.
- Potential regulatory changes impacting product formulations and sustainability standards.