In 2023, the production of fresh megrim in France's capture fisheries was approximately 6.7 million Euros. The forecast data from 2024 onwards indicates a steady year-on-year decline in production value: from 6.3764 million Euros in 2024 to 5.0232 million Euros in 2028. This represents a compound annual growth rate (CAGR) of about -5.7% over the five-year forecast period. Each year exhibits a consistent negative growth rate of around 5%.
Future trends to watch for:
- Potential impact of sustainability initiatives and regulatory changes on capture fisheries.
- Market demand shifts due to changing consumer preferences and economic conditions.
- Technological advancements in fishing practices that may influence production capabilities.