The production of fresh deep-water red snapper in France's capture fisheries is set to grow steadily from 2024 to 2028. In 2024, production is expected to commence at 4.1 metric tons, increasing to 5.4 metric tons by 2028. For context, the production stood at 3.8 metric tons in 2023, marking a consistent upward trend in recent years.
Year-on-year growth rates in production between these years indicate a positive trend with an average annual increase calculated at a compounded average growth rate (CAGR) of approximately 7% from 2024 to 2028.
Future trends to watch for include:
- Sustainability practices impacting production capacity and efficiency.
- Regulatory changes in fishing quotas and environmental protection.
- Technological advancements in fishing techniques.
