The forecast for European hake production in capture fisheries for human consumption in France indicates a gradual decline in market value over the forecast period. In 2023, the value stood at its highest, but by 2028, there is a projected decrease, reaching 36.108 million euros. The year-on-year percentage variation shows a consistent downward trend, averaging a compounded annual growth rate (CAGR) of around -1.9% from 2024 to 2028.
Future trends to watch for include:
- Changes in fishing quotas and regulations, which could impact production levels.
- Consumer demand for hake and potential shifts in preferences towards alternative seafood options.
- Impacts of environmental changes and sustainability practices on supply chains.