The forecast for France's capture fisheries production of alive fresh shrimps and prawns from 2024 to 2028 shows a steady increase in market value, starting at €6.3323 million in 2024 and reaching €6.8261 million by 2028. This represents a year-on-year growth between approximately 1.99% and 1.81%. As of 2023, the estimated market value stood at around €6.200 million, indicating a positive upward trend. The compound annual growth rate (CAGR) over the five-year period is projected to be around 1.87%.
Future trends to watch for include the potential impact of environmental regulations on fishing practices, shifts in consumer preferences towards sustainable seafood, and advancements in aquaculture technology that may influence the capture fisheries sector. Monitoring these factors will be crucial for anticipating changes in market dynamics. Additionally, global economic conditions and trade policies could also play significant roles in shaping this industry's future.
