The frozen fish fillets market in France experienced fluctuations in volume from 2013 to 2023, showing a mix of positive and negative year-on-year variations. As of 2023, the market volume stood at 157.61 million kilograms. Over the last two years, the market saw minor annual decreases of 0.16%. The compound annual growth rate (CAGR) for the past five years leading to 2023 was approximately -0.56%, indicating a slight downward trend.
Looking forward, the forecast for the next five years suggests a further slight decline, with a CAGR of -0.12%. This would translate to an overall reduction of about 0.6% in market size volume from 2024 to 2028, reaching 156.41 million kilograms by 2028.
Future trends to watch for include:
- The impact of changing consumer preferences towards fresh and sustainably sourced seafood.
- Potential technological advances in freezing and preservation techniques improving product quality.
- Fluctuations in fish supply due to climate change and overfishing concerns.
- Regulatory changes and their impact on imports and domestic fish production.