The production of whole fresh inshore squids in capture fisheries for human consumption in France is projected to see a significant increase over the next five years. In 2023, the industry was valued at approximately 48.6 million Euros. Looking ahead, values are expected to rise from 50.851 million Euros in 2024 to 59.877 million Euros by 2028, implying average annual growth rates. From 2024 to 2025, the projected year-on-year growth is about 4.51%, with a subsequent increase of 4.27% in 2026, 4.06% in 2027, and a slight rise of 3.85% in 2028. The five-year compound annual growth rate (CAGR) is approximately 4.14%.
Future trends to watch for include fluctuating demand based on consumer preferences and potential environmental regulations affecting capture fisheries. Additionally, market competition and technological advancements in fishing practices could influence production capacities and efficiency, potentially impacting revenue projections.
