The production of whole fresh smooth-hounds in France is forecasted to grow steadily from 2024 to 2028, increasing from 2.95 thousand metric tons to 3.14 thousand metric tons. In 2023, the actual production was 2.9 thousand metric tons, reflecting a year-on-year increase of approximately 1.72% from 2023 to 2024. This trend continues with incremental yearly growth, averaging around 1.56% year-on-year over the forecasted period. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is expected to be 1.56%.
Future trends to watch for include:
- Potential shifts in fishing regulations and quotas affecting production volumes.
- The impact of environmental changes on smooth-hound populations.
- Market demand fluctuations due to consumer preferences or economic conditions.