The forecast for the production of fresh wrasses and hogfishes in France's capture fisheries exhibits a consistently upward trend from 2024 to 2028. In 2023, the production stood at 9.57 metric tons. Notably, there is an anticipated increase of approximately 2.95% from 2024 to 2025, followed by a steady growth rate hovering around 2.5% annually thereafter. Over the five-year forecast period, the compound annual growth rate (CAGR) is projected to be around 2.6%, indicating a stable expansion in production capacities and demand.
Future trends to watch for include:
- Potential shifts in market demand influenced by consumer preferences for sustainable and locally sourced seafood.
- The impact of regulatory changes, particularly concerning marine conservation, which could affect capture capacities.
- Technological advancements in fishing techniques and logistics that may enhance efficiency and yield.
- Environmental factors such as climate change and water temperature changes that could influence fish populations and capture rates.
