In 2023, the production value for whole fresh squids, cuttlefishes, and octopuses in French capture fisheries stood significantly but was the basis for growth projections. Forecasts for 2024 to 2028 show a steady year-on-year increase in production value, with a 1.20% increase in 2025, a 1.17% rise in 2026, a growth of 1.15% in 2027, and a further increase of 1.12% in 2028.
These increments result in a compound annual growth rate (CAGR) of approximately 1.16% for the period from 2024 to 2028, indicating a gradual rise in value, reflecting consistent demand and possibly improved fishing practices or resource availability.
Future trends to watch include potential impacts of environmental changes affecting marine ecosystems, regulatory adjustments in fishery policies, and shifts in consumer preferences towards sustainable seafood options, which could drive demand dynamics.
