In 2023, the production of fresh European sprat in France for human consumption from capture fisheries stood at 8.9 thousand euros. Over the forecast period from 2024 to 2028, the production value is projected to rise consistently. By 2028, it is expected to reach 10.55 thousand euros, reflecting a compound annual growth rate (CAGR) of approximately 4.6% from 2023 to 2028. The year-on-year growth rates vary from around 3.6% to 3.3%, indicating a steady increase in production value.
Future trends to watch for include:
- Impacts of environmental regulations on fishing practices.
- Demand shifts due to changing consumer preferences towards sustainable seafood options.
- Technological advancements in fishery management and processing.
- Potential policy changes at the EU level affecting fisheries.