The forecasted production value of whole fresh Bigeyes in France’s capture fisheries for human consumption is set to grow steadily from 2024 to 2028, increasing from €84.8k to €111.4k. This upward trend highlights an increase of around 7-8% year-on-year. Viewed over the past two years up to 2023, the industry experienced moderate growth, maintaining stability after previous fluctuations. The compound annual growth rate (CAGR) over the 2024-2028 period stands at approximately 5.7%, reflecting sustained demand and market development.
Future trends to watch for include:
- Potential impacts of environmental regulations affecting capture fisheries.
- Technological advancements in fishing practices enhancing efficiency and yields.
- Shifts in consumer preferences towards sustainably sourced seafood.