In 2023, the production of whole fresh Greater Forkbeard in France's capture fisheries for human consumption stood at 54.0 thousand Euros. From 2024 to 2028, forecasts indicate a steady increase with yearly values reaching 60.8 thousand Euros by 2028. Year-on-year growth rates are projected at approximately 2.5% to 2.7%. The Compound Annual Growth Rate (CAGR) over this five-year period is estimated to be around 2.5%, suggesting a consistent upward trend in production value.
Future trends to watch for include:
- Potential impact of environmental policies on capture fisheries.
- Fluctuations in demand due to changing consumer preferences for seafood.
- Economic conditions affecting the allocation of resources to capture fisheries.
- Technological advancements in fishing methods increasing efficiency and yields.
