The production value of alive fresh Northern Quahog in capture fisheries in France is forecasted to rise from €1.47 thousand in 2024 to €2.0 thousand in 2028. Compared to 2023, this showcases a consistent upward trend in value. Year-over-year analysis reveals progressive increases of 8.8% for 2025, 8.75% for 2026, 7.47% for 2027, and 6.95% for 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is anticipated to be robust, suggesting a strong demand and favorable market conditions for this sector.
Future trends to watch for include potential impacts of sustainable fishing practices, regulatory changes in EU fisheries policies, and shifts in consumer preferences towards seafood. Additionally, global economic conditions and their impact on export opportunities could play a significant role in shaping the future market dynamics of Northern Quahog production in France.
