In 2023, France’s big-scale sand smelt capture fisheries for human consumption was valued at about 4.5 Thousand Euros. The forecast data from 2024 suggests a steep decline over the next five years, ending in 2028 at just 0.23893 Thousand Euros. This represents an approximate year-over-year negative growth. The compound annual growth rate (CAGR) over these five years is significantly declining, indicating shrinking demand or supply limitations in this sector.
Future trends to watch for include:
- Potential regulatory changes affecting fishing practices.
- Environmental factors impacting sand smelt populations.
- Innovations in aquaculture that may supplement natural fishery yields.
