The forecast for the total Velvet Belly production in capture fisheries for human consumption in France shows a year-on-year increase in value from 2024 to 2028. Starting with 2024 at €768.74, the market grows to €823.4 in 2025, €877.36 in 2026, €930.62 in 2027, and reaches €983.2 in 2028. In 2023, the actual recorded value was lower, indicating a positive growth trend in the coming years. Observing the last two years, the industry has seen a steady increase, and over the five years, the compound annual growth rate (CAGR) suggests consistent growth in production value.
Future trends to watch for include potential changes in consumer demand influenced by factors such as dietary trends, environmental concerns about overfishing, and technological advancements in fishing practices that may enhance or disrupt current production levels.
