The forecasted production of Axillary Seabream in capture fisheries for consumption in France shows a steady increase, from 166.4 metric tons in 2024 to 173.1 metric tons by 2028. In 2023, production stood at 164.7 metric tons, marking a continuation of the growing trend. The year-on-year growth rate is anticipated to be approximately 1% per annum, with a compound annual growth rate (CAGR) over the five-year period projected at about 1.2%.
Future trends to watch for include:
- Changes in demand from both local and international markets, influencing production adjustments.
- Potential impacts of environmental regulations and sustainable fishing practices on production efficiency.
- Technological advancements in fishing and aquaculture that may enhance supply chain efficiency.