In 2023, Italy's whole fresh variegated scallop production in capture fisheries for human consumption stood at a significantly lower value compared to the forecasted growth. From 2024 onwards, there is a robust upward trajectory in the market, beginning at 4.7627 million Euros and projected to reach 10.188 million Euros by 2028. This represents an expected compound annual growth rate (CAGR) over this period, indicating a strong demand and potential increase in production capabilities. Year-on-year percentage increases reveal steep positive changes, suggesting sustained market growth and industry expansion.
Future trends to watch for include:
- Technological improvements in capture techniques potentially boosting yields.
- Regulatory changes impacting sustainability practices in fisheries.
- Market shifts towards premium seafood consumption in Europe, offering new opportunities.
- Analyses of ecological impacts and adaptation strategies in response to climate change affecting marine life habitats.