The pouting bib production in capture fisheries for human consumption in France is forecasted to decline steadily from 2024 to 2028. Comparing yoy changes, 2024 shows a continuation of stable production values seen in 2023, but a trend of gradual decrease is evident from a projected value of 3.2928 million euros in 2024 to 2.9612 million euros by 2028, with a yearly decline rate averaging at -3.4% CAGR. In 2023, the sector was stable, emphasizing a shift towards a downturn post-2024. Factors contributing to this could include environmental impacts, market demand shifts, or regulatory changes impacting capture processes.
Future trends to watch for:
- Potential innovations in sustainable fishing methods that could reverse the decline.
- Changes in consumer demand for alternative fish products.
- Regulatory policies affecting fisheries' operations and quotas.