In 2023, the production value of whole fresh Mediterranean horse mackerel for human consumption in France stood at an estimated €2.1 million. The forecast for this production shows a positive trend from 2024 to 2028, increasing from €2.287 million to €3.1048 million. The year-on-year growth rate is expected to increase steadily, highlighting a robust demand for this fish species.
The compound annual growth rate (CAGR) for the period from 2024 to 2028 is projected to be significant, reflecting the consistent rise in production value over these years. The market is poised for continued growth, driven by consumer preference for Mediterranean fish products and potential expansion in export markets.
Future trends to watch for include:
- Increasing competition from other Mediterranean countries improving fish production.
- Potential impacts of environmental policies and climate change on fish stocks.
- Advancements in aquaculture technology potentially affecting capture fisheries.
- Shifts in consumer preferences towards sustainable and locally sourced seafood.
