From 2013 to 2023, the sold production of frozen fish fillets in France experienced significant fluctuations. The market saw a notable dip in 2014 by 20.98%, but subsequently recovered with some intermittent declines. Post-2018, there was a solid upward trend, peaking in 2023 at 120.37 million euros—a 6.17% increase from the previous year, showing a compound annual growth rate (CAGR) of 4.81% over the last five years.
Looking ahead from 2024 to 2028, forecasts indicate a continued positive trend with a forecasted 5-year CAGR of 2.58%, leading to a 13.6% overall growth. Anticipated annual increases point towards a consistent, though slower, growth trajectory.
Future trends to watch for:
- Market stability with a steady CAGR suggests a potential for strategic investments.
- Technological advancements in production and preservation could drive market dynamics.
- Consumer demand for sustainable and traceable products may influence market direction.
