The production of fresh cods, hakes, and haddocks in France's capture fisheries industry is projected to decline from 27.14 thousand metric tons in 2024 to 16.67 thousand metric tons by 2028. Comparing the years, the year-on-year decrease is evident, with a declining trend of approximately 10% per year over the given years. In terms of compound annual growth rate (CAGR), the production is forecasted to decrease at a rate of about 11% per year from 2024 through 2028.
Future trends to watch for include:
- Impact of environmental policies and regulations on capture fisheries.
- Technological advancements in sustainable fishing practices.
- Market demand shifts influenced by sustainable seafood consumption.
- Changes in marine ecosystems affecting fish stock availability.
