In 2023, the total sharks production in capture fisheries for human consumption in France was documented at a certain value. The forecast indicates a steady increase in production value from 2024 through 2028, starting at 5.46 thousand Euros per metric ton in 2024 and reaching 11.09 thousand Euros per metric ton by 2028. This marks a consistent year-on-year growth over these years. The compound annual growth rate (CAGR) over this 5-year forecasted period points to a robust average annual increase, reflecting a positive trend for the industry.
Key future trends to watch for:
- Environmental sustainability and regulatory changes impacting shark fisheries.
- Shifts in consumer preferences towards sustainable and traceable seafood sources.
- Technological advancements in fishing and processing that could optimize production efficiencies.