The Frozen Whole Fresh Water Fish market in France has shown a notable declining trend over the past decade, starting from 22.201 million euros in 2013 to 19.092 million euros in 2023. The market experienced its sharpest drop from 2013 to 2014, with a year-on-year decline of 7.26%, followed by a continuous albeit gradual reduction in subsequent years. However, a slight recovery was observed in 2019 and 2020, showing positive growth rates of 3.48% and 3.36% respectively. Despite these temporary upturns, the market continued to decline mildly, leading to a 1.1% decrease in 2023 along with a moderate CAGR of 0.61% over the past five years.
Forecasted data from 2024 onwards suggest a steady decreasing trend, with the market expected to drop to 18.066 million euros by 2028. The forecasted average annual decline rate over the next five years (CAGR) is approximately -0.88%, indicating a sustained but gradual market contraction.
Future trends to watch for in the Frozen Whole Fresh Water Fish market include shifts in consumer preferences towards fresher alternatives, increasing awareness of sustainable fishing practices, potential regulatory changes impacting imports and exports, and advancements in freezing technologies that could either enhance the attractiveness of frozen products or propel competitors in the fresh fish segment.
