In 2023, France's whole fresh shellfish production for human consumption in capture fisheries was valued slightly below the future projections, setting the context for the subsequent forecasted decline. The forecast data indicates a gradual decrease from 2024 to 2028, with values dropping year-on-year by an average percentage as follows: -2.14% in 2025, -2.18% in 2026, -2.20% in 2027, and -2.23% in 2028. The compound annual growth rate (CAGR) over this five-year forecast is negative, further emphasizing a steady contraction in the sector.
Future trends to watch for:
- Impact of environmental regulations on capture fisheries.
- Changes in consumer preferences perhaps driven by health or sustainability concerns.
- Technological advancements in aquaculture as alternatives to capture fisheries.
- Brexit and EU fishing policy implications on France's fishing rights and yields.