In 2023, the production value of Jack and Horse Mackerels in France was recorded at a certain level, which has set the baseline for upcoming years. The forecast for 2024 shows a value of 371.73 thousand euros and projects a steady increase, reaching 829.69 thousand euros by 2028. This indicates a significant upward trend with year-on-year growth rates demonstrating robust increments; for instance, from 2024 to 2025, there is an approximate 31.26% increase, and from 2025 to 2026, about 23.52%. The Compound Annual Growth Rate (CAGR) over this period reflects a consistent and substantial growth.
Future trends to watch for include:
- Fluctuations in marine biodiversity impacting resource availability.
- Changes in consumer demand preferences driving market dynamics.
- Potential environmental regulations affecting fishing practices.
- Technological advancements in fishing and supply chain optimization.
