In 2023, the fresh Twaite Shad production for human consumption in France was valued significantly below the forecasted value for 2024, marking the beginning of a robust growth trend. From 2024 to 2028, forecasts suggest a consistent upward trajectory in production value, indicating a strong market potential and increasing demand.
The year-on-year growth percentage from 2024 to 2025 is projected at approximately 6.87%, a trend that continues to strengthen annually with growth rates of 6.42%, 5.91%, and 5.54% for subsequent years. The compound annual growth rate (CAGR) from 2024 to 2028 is estimated at 5.93%, showcasing a steady increase in production value.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and local seafood options, regulatory changes impacting fisheries, and technological advancements in fishery management that could further influence production volumes and values. Strategies to tap into export markets and enhancing value addition can also play a pivotal role in shaping future trends.
