In 2023, the production value of fresh shortfin squid for human consumption in France stood at a significant baseline. The forecasts from 2024 to 2028 show a consistent increase in production value, rising from 5.69 thousand euros per metric ton in 2024 to 7.96 thousand euros per metric ton in 2028. The year-on-year growth rates suggest a steady upward trend, indicating rising demand or improved market conditions. The compound annual growth rate (CAGR) over this period underscores sustained growth momentum in this sector.
Future trends to watch for include technological advancements in fishing practices, changes in consumer preferences favoring sustainable seafood options, and potential regulatory developments affecting capture fisheries. Monitoring these factors will be crucial for industry stakeholders to adapt and thrive in the evolving market landscape.
