In 2023, the production value of Fresh Smooth-hounds in capture fisheries for human consumption in France stood at 4.08 million Euros. Forecasts indicate a steady annual increase in this production value through 2028. From 2024 to 2028, there is a consistent year-on-year growth ranging between 0.8% and 0.9%. The compound annual growth rate (CAGR) over the forecasted period is approximately 0.9%. This indicates a modest but steady upward trend in production value for the next five years.
Future trends to watch for include the potential impact of fisheries management policies on production levels, consumer demand fluctuations for sustainable seafood, and market shifts driven by environmental concerns and preferences for locally sourced seafood.
