In 2023, the total European common squid production in capture fisheries for human consumption in France stood notably lower than the projected values starting from 2024. The data from 2024 to 2028 exhibits a steady growth pattern, with year-on-year percentages indicating increment trends: 2025 (4.5%), 2026 (4.2%), 2027 (4.0%), and 2028 (3.8%). Over this five-year forecast period, the compound annual growth rate (CAGR) is approximately 4.1%, suggesting a sustained upward trajectory.
Future trends to watch for include:
- Potential impacts of climate change on marine ecosystems affecting squid populations.
- Technological advancements in fishing practices enhancing yield efficiencies.
- Shifting consumer preferences and sustainability considerations possibly influencing demand.