In 2023, the production value of whole fresh sea lamprey for human consumption in France stood at a historical level, with projections indicating a steady increase from 2024 to 2028. Forecasted values from 2024 reflect a consistent year-on-year growth, moving from 4.71 thousand Euros per metric ton in 2024 to 5.08 thousand Euros per metric ton by 2028. This reveals a Compound Annual Growth Rate (CAGR) that underscores a modest but stable industry trajectory.
Future trends to watch for:
- Potential impacts of climate change on sea lamprey habitats which could disrupt supply.
- Consumer preferences shifting towards sustainable and locally sourced fisheries products.
- Regulatory frameworks in the EU influencing capture fisheries practices.
- Technological advancements in fishing and processing techniques improving efficiency.