In 2023, the production value for whole fresh sardines in capture fisheries for industrial processing in France was stable. With forecasted values ranging from 980.4 to 985 euros per metric ton from 2024 to 2028, the growth is minimal. The year-on-year growth rate from 2024 through 2028 averages less than 1%, indicating a steady but slow increase. The calculated compound annual growth rate (CAGR) over these years reflects a similar trend.
Future trends to watch for:
- Potential impacts of climate change on fish populations and catch volumes.
- Regulatory changes in the EU fisheries policies.
- Technological advancements in sustainable fishing practices.
- Market demand shifts due to health trends and alternative protein sources.
