In 2023, the total aquatic animals production in capture fisheries in France was valued at 952.78 million Euros. Forecasts from 2024 to 2028 indicate a steady decline, with values projected at 936.11 million Euros in 2024, decreasing annually to 870.4 million Euros by 2028. Year-on-year percentages show a consistent negative trend, reflecting a contraction in the industry. The compound annual growth rate (CAGR) over the forecast period indicates a continued decline averaging around -2% per year.
Future trends to watch for include:
- Potential impacts of climate change on marine ecosystems affecting fish stocks.
- Regulatory changes in EU fishing policies that may influence production capacities.
- Technological advancements in sustainable fishing practices.
- Shifts in consumer demand towards sustainable seafood options.