The forecast for fresh inshore squids production for human consumption in France from 2024 to 2028 reflects a consistent upward trend. The production value is set to grow from 44.621 million euros in 2024 to 54.726 million euros in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is indicative of a healthy growth trajectory in this sector, exhibiting an average annual increase. This trend suggests robust demand and favorable market conditions. In 2023, the actual production value stood slightly below the 2024 forecast, marking a shift towards growth.
Future trends to watch for include:
- Potential impact of sustainability initiatives on fishing practices and quotas, which could alter supply dynamics.
- Market demand shifts due to changing consumer preferences or economic conditions, influencing price and volume.
- Technological advancements in fisheries management that could increase efficiency and production capability.