In 2023, European hake production in France's capture fisheries stood at 11.73 thousand metric tons. The forecast for 2024 to 2028 shows a consistent increase, with production projected to grow from 11.85 thousand metric tons in 2024 to 12.36 thousand metric tons in 2028. This indicates a steady rise, with year-on-year variations often around 1% to 1.1%. Over the five-year period, the compound annual growth rate (CAGR) is approximately 1.05%, showcasing a modest yet positive growth trend.
Future trends to watch for include:
- Regulatory changes in fishing quotas and environmental policies.
- Technological advancements in sustainable fishing practices.
- Market demand shifts influenced by consumer preferences for sustainable seafood.