In 2023, whole fresh pink cuttlefish production in French capture fisheries was recorded at 44 metric tons. The forecast for the next five years shows a consistent upward trend, with year-on-year increases of approximately 3.3% in 2024, 3.3% in 2025, 2.6% in 2026, 1.9% in 2027, and 1.6% in 2028. This indicates steady growth, driven by favorable conditions and robust demand. The compound annual growth rate (CAGR) from 2024 to 2028 is projected around 2.5%, pointing to sustained expansion over the period.
Future trends to watch for include:
- Potential changes in environmental regulations impacting capture fisheries.
- Technological advancements in fishing practices offering efficiency gains.
- Impact of international market conditions on local production.
- Sustainability initiatives influencing production volumes.