In 2023, the European seabass production in capture fisheries in France was slightly higher than the forecasted 2.25 thousand metric tons for 2024. A declining trend is observed with production expected to decrease yearly by approximately 4.89% from 2024 to 2028, culminating at 1.81 thousand metric tons in 2028. The compound annual growth rate (CAGR) over this five-year period indicates an average annual reduction of around 5.26%.
Future trends to watch for:
- Impact of changing environmental policies and regulations on fishing.
- Technological advancements in sustainable fishing practices.
- Market demand shifts due to consumer preferences for farmed versus wild-caught seafood.
- Ecosystem changes affecting seabass habitats and population dynamics.