Forecast: Seafood Gross Value Added in France

This analysis examines the forecasted Gross Value Added (GVA) for seafood in France from 2024 to 2028. The data suggests that the GVA remains steady at 784 million euros annually until 2028, where it slightly increases to 785 million euros. Historical data for 2023 would be needed to compute precise trends; however, given the constant value from 2024 to 2027, the year-on-year variation is negligible, and the CAGR over these five years is close to zero percent, indicating an overall stagnation in growth. This suggests limited sectoral expansion or pricing growth within the French seafood industry.

Future Trends to Watch:

  • Sustainable Aquaculture Initiatives: With increasing environmental awareness, investing in sustainable seafood practices may boost value.
  • Changing Consumer Preferences: Monitoring shifts in dietary habits and health trends could impact seafood demand.
  • Regulatory Changes: EU policies on fishing quotas and regulations will play a crucial role in shaping the industry's economic landscape.

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