In 2023, the production of whole fresh brown seaweeds in France's capture fisheries was valued at 31.50 Euros Per Metric Ton. From 2023 to 2028, a declining trend is observed in forecasted values, with a drop from 2024's 30.92 down to 28.94 Euros Per Metric Ton by 2028. This represents year-on-year decreases, with noticeable year-on-year reductions particularly from 2025 onwards. The forecast suggests a slight average annual contraction (CAGR) across five years, reflecting consistent pressure on prices.
Future trends to watch for in the market include:
- Environmental regulations impacting seaweed harvesting practices.
- Technological innovations in harvesting and processing affecting cost efficiency.
- Potential demand shifts driven by increased awareness of seaweeds' ecological benefits and nutritional value.