In 2023, the production value of whole fresh shads in capture fisheries for human consumption in France stood as a baseline for comparison with the forecasted data. Starting from 2024, the value is forecasted to grow steadily from 125.04 thousand euros, reaching 165.63 thousand euros by 2028. The year-on-year variation indicates a consistent positive trend, reflecting an increased demand or efficiency in fishery activities. The compound annual growth rate (CAGR) over these five years projects a noteworthy average growth, underscoring a strengthening market.
Future trends to watch for include:
- Potential impacts of climate change on fish populations which might alter supply.
- Changes in consumer preferences towards sustainable and locally-sourced seafood.
- Regulatory changes affecting capture fisheries in France and the broader EU market.