The value added of fishing and aquaculture in France stood at 852.30 million euros in 2023. From 2024 to 2028, the forecasted figures suggest a consistent year-on-year increase. Notably, the progression is from 859.07 million euros in 2024 to 885.81 million euros in 2028. The annual growth rate hovers around 0.8% each year. Over the five-year period, this results in a compound annual growth rate (CAGR) of approximately 0.8%, indicating steady albeit modest growth.
Future trends to watch for:
- Impact of climate change on marine ecosystems and fish populations
- Technological advancements in aquaculture improving productivity
- Regulatory changes and sustainability initiatives influencing fishing practices
- Fluctuations in consumer demand for seafood
