In 2023, the production of whole fresh shortfin squids in France's capture fisheries stood at an estimated X thousand metric tons. Between 2024 and 2028, production is forecasted to increase steadily, growing from 1.03 to 1.25 thousand metric tons. Year-on-year growth is expected to be consistent, averaging around 4.1%. Over the forecast period from 2024 to 2028, this represents a compound annual growth rate (CAGR) of approximately 5.0%.
Trends to watch for in the future include:
- Changes in ocean temperatures and marine ecosystems due to climate change, potentially impacting squid populations.
- Regulatory adjustments in fishing quotas and sustainability practices that may affect catch volumes.
- Market demand fluctuations both domestically and globally, influenced by consumer preferences and economic conditions.
