The sold production of frozen fish in France has been characterized by significant fluctuations over the past decade. After a steady decline from 2013 to 2015, the market rebounded in 2016 and experienced a dramatic increase in 2017. The subsequent years saw fluctuations with a notable dip in 2020. The value stood at 43.441 million Euros in 2023, indicating a modest recovery with a 3.26% year-on-year increase from 2022. Over the last two years, there was a downturn, but recent growth points to a stabilizing trend. The five-year compound annual growth rate (CAGR) is minor, reflecting overall market stability despite short-term volatility.
Future trends to watch for include:
- Technological advancements in freezing techniques to improve quality and shelf life.
- Shifts in consumer preferences towards healthier and sustainable seafood options.
- The impact of global supply chain disruptions on production and pricing.
- Regulatory changes related to fishing quotas and environmental policies.
