The forecasted data for fresh shortfin squid production in capture fisheries for human consumption in France from 2024 to 2028 shows a steady increase. The projected value starts from 3.95 million euros in 2024 and grows annually to 4.80 million euros by 2028. This represents a compound annual growth rate (CAGR) of 4.96% over this period.
Year-on-year growth is consistent, indicating a healthy expansion in the market, likely driven by increasing demand and stable capture yields. With the 2023 baseline value assumed to be similar to 2024 as an indication, this sector is positioned for positive momentum.
Future trends to watch for include potential impacts from environmental regulations, shifts in consumer preferences for seafood, and technological advancements in sustainable fishing practices. Additionally, global supply chain dynamics and competition from alternative protein sources may influence growth trajectories.
