In 2023, France's capture fisheries produced fresh squids, cuttlefishes, and octopuses valued at 102.00 million Euros. The forecasts from 2024 to 2028 indicate a gradual rise, with a Compound Annual Growth Rate (CAGR) of approximately 4.0%. Year-on-year growth is consistent, reflecting steady demand and possibly improvements in fishery practices. Specifically, the value is expected to increase from 106.95 million Euros in 2024 to 124.78 million Euros by 2028.
Key future trends to watch include:
- Potential impacts of environmental regulations on fishing practices.
- Evolution of consumer preferences towards sustainable seafood.
- Technological advancements in capture fisheries that might boost productivity.
- Market dynamics influenced by international trade policies and economic fluctuations.