In 2023, the production value of Alive Fresh Deepwater Rose Shrimp in France's capture fisheries stood at 1.30 million Euros. Over the next five years, a consistent upward trajectory is forecasted. The year-on-year growth rates are notable, ranging from 13.05% to 9.12%, with the series reflecting an average annual growth rate (CAGR) of 10.44% during the 2024-2028 period.
Future trends to watch for include:
- Potential impacts of climate change on shrimp habitats, potentially affecting supply and costs.
- Developments in sustainable fishing practices, which may influence production methods.
- Market demand shifts driven by consumer preferences towards environmentally-friendly seafood options.