In 2023, the value of Alive Fresh Great Mediterranean Scallop production in capture fisheries in France stood below the forecasted 2024 value of 6.02 thousand euros per metric ton. Between 2024 and 2028, the projected incremental year-on-year growth demonstrates a steady upward trend, showcasing a modest annual increase at an estimated compounded annual growth rate (CAGR) of approximately 0.9%. This reflects a stable yet slow incline in production value over the forecast period.
Future trends to watch for include:
- Global economic conditions affecting consumer purchasing power and demand for scallops.
- Potential regulatory changes impacting fisheries management and environmental sustainability.
- Market adaptation to technological advancements in aquaculture and sustainable harvesting methods.