The sold production of frozen fish in France has demonstrated significant fluctuations over the past decade. After a decline from 2013 to 2015, there was a notable recovery with significant year-on-year variations. By 2023, the volume stood at 12.926 million kilograms, reflecting a 2.47% increase from the previous year. Over the last two years, the sector showed resilience despite a slight dip in 2022. Analyzing the last five years reveals a robust average annual growth rate (CAGR) of 14.11%, indicating a strong recovery and expansion phase post-2018.
From 2024 onwards, forecasted data indicates a moderate growth trajectory with an anticipated CAGR of 1.76% over the next five years, resulting in a cumulative growth rate of 9.09% by 2028. This suggests a stabilizing market with steady increments in production.
Future trends to watch for include the potential impact of sustainability practices in the fishing industry, advances in freezing technology, and changing consumer preferences towards healthier and convenient food options, which could drive further growth in the frozen fish market.
