In 2023, the production of fresh Queen scallops in capture fisheries for human consumption in France was valued at approximately 4.33 million euros. The forecasted data indicates a steady growth in value, expected to reach 5.32 million euros by 2028. Year-on-year variations demonstrate a gradual annual increase: 4.4% in 2024, 4.4% in 2025, 4.1% in 2026, and 3.8% in 2027. The compound annual growth rate (CAGR) over the five-year forecast period suggests an average annual growth of approximately 4.2%.
Future trends to watch for include:
- Potential impacts of environmental regulation changes on sustainable fishing practices.
- Fluctuations in consumer demand and its influence on pricing.
- Technological advancements in fishing and processing, potentially enhancing efficiency.
- Global market conditions affecting exports and competitive positioning.