Forecast: Fresh Deepwater Longtail Red Snapper Production in Capture Fisheries for Human Consumption in France

In 2023, deepwater longtail red snapper production in capture fisheries for human consumption in France was at 3.2 metric tons. Forecasts anticipate a steady increase: 2024 at 3.6 metric tons, 2025 at 4.1 metric tons, 2026 at 4.4 metric tons, 2027 at 4.7 metric tons, and 2028 reaching 5 metric tons. This represents a year-on-year growth of approximately 13.9% from 2024 to 2025, 7.3% from 2025 to 2026, 6.8% from 2026 to 2027, and 6.4% from 2027 to 2028. The five-year compound annual growth rate (CAGR) is forecasted at 9.07%.

Future trends to watch for:

  • Demand fluctuations due to shifts in consumer preferences and potential economic changes.
  • Environmental regulations and their impacts on fishing practices.
  • Technological advancements in sustainable fishing to potentially boost production efficiency.
  • Market developments related to price and global trade dynamics influencing French fisheries.

Top Countries about Wild Fisheries