Forecast: Total Inshore Squids Production in Capture Fisheries for Human Consumption in France

In 2023, the total inshore squid production in capture fisheries for human consumption in France was valued at approximately 42 million Euros. From 2024 to 2028, the forecast indicates a consistent upward trend in production value, growing from 44.621 million Euros to 54.726 million Euros. This upward trend represents a steady year-on-year growth as follows: 5.75% from 2024 to 2025, 5.38% from 2025 to 2026, 5.06% from 2026 to 2027, and 4.76% from 2027 to 2028. The compound annual growth rate over this period is projected to be around 5.23%.

Future Trends to Watch For:

  • Potential impacts of climate change on squid habitats and migration patterns.
  • Shifts in consumer preferences towards sustainable fishery practices.
  • Technological advancements in fishing techniques that may enhance squid capture efficiency.

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