In 2023, the gutted fresh shortfin squid production in capture fisheries in France was valued at 0.75 million euros. The forecast for 2024-2028 indicates significant growth in production value, with projections rising steadily from 1.0656 million euros in 2024 to 2.3446 million euros in 2028. The year-on-year growth rate is robust, reflecting increasing demand and improved capture techniques. The compound annual growth rate (CAGR) for this period further underscores the positive expansion trend.
Future trends to watch for:
- Potential impacts of environmental regulations on capture fisheries.
- Technological advancements in squid fishing practices may enhance yield.
- Changes in consumer preferences and global market demand dynamics.
