The forecast for fresh Great Atlantic scallop production in capture fisheries in France indicates a steady growth from €124.29 million in 2024 to €144.9 million in 2028. This follows a year-on-year increase ranging from approximately 4% to 5%. In 2023, the production value stood at €119.0 million. Over the five years from 2024 to 2028, the compound annual growth rate (CAGR) is estimated at 4.0%, reflecting a consistent upward trend.
Future trends to watch for:
- Regulatory changes in fishing quotas may impact production volume.
- Potential market demand shifts due to sustainability concerns.
- Technological advancements in fishing practices could enhance efficiency.