In 2023, the production value of whole fresh herrings and sardines in France's capture fisheries for human consumption was €2.57 million. The forecasted growth from 2024 to 2028 shows a consistent year-on-year increase, with a compound annual growth rate (CAGR) of approximately 19.15%. Notable year-on-year growth percentages are: 2024-2025 (21.88%), 2025-2026 (17.68%), 2026-2027 (15.04%), and 2027-2028 (12.88%). This illustrates a robust upward trend in production value, underscoring the increasing demand and possible investment in the sector.
Future trends to watch for include:
- Potential impacts of fishing quotas and sustainability practices on production levels.
- Changing consumer preferences towards seafood and its influence on demand.
- The potential role of technological advancements in improving catch efficiency and product quality.