The forecast for fresh Atlantic cod production in capture fisheries for human consumption in France shows a steady increase from 2024 to 2028, with values reaching 2.8762 million euros by 2028. Given that we are in 2024, and actual data for 2023 is unavailable, we must focus on forecasted growth from 2024 onward.
- 2024 sees a value of 1.9701 million euros, expected to grow to 2.2 million euros in 2025—an increase of approximately 11.7%.
- Continuing this trend, production is projected to reach 2.4277 million euros in 2026, reflecting a 10.35% growth from the previous year.
- The upward trend persists with 2.653 million euros in 2027, growing 9.29% from 2026.
- Finally, 2028 forecasts an increase of 8.41% from 2027 to reach 2.8762 million euros.
Over this five-year span, the compound annual growth rate suggests a consistent expansion in market value, an indicator of both increased demand and potential improvements in production efficiency or consumer market conditions.
Future trends to watch for include the impact of sustainability measures on supply, changes in consumer preferences towards other protein sources, and the potential effects of global economic conditions on the seafood market.
