In 2023, the fresh European seabass production in capture fisheries for human consumption in France stood at 35.2 million Euros. From 2024 to 2028, the forecast data indicates a decline in value from 31.662 million Euros in 2024 to 24.995 million Euros in 2028. The year-on-year variations reveal a consistent decrease of 5.3% from 2024 to 2025, followed by a 5.6% drop in 2026, 5.9% in 2027, and a 6.2% decline towards 2028. The Compound Annual Growth Rate (CAGR) for this period is projected at -6.36%, underscoring the downward trend in this sector.
Future trends to watch for include:
- Regulatory changes impacting fishing quotas and sustainable practices.
- Potential shifts towards aquaculture to mitigate declining capture fisheries.
- Consumer demand evolution and its impact on pricing strategies.
- Technological innovations in fishing and supply chain efficiencies.
