From 2023 to the forecasted year of 2024, gutted fresh dogfish sharks production in France's capture fisheries is expected to see a positive growth trend, with forecasts indicating a steady increase in production value from 3.21 to 3.74 thousand euros per metric ton by 2028. This suggests an annual growth, which reveals the industry's inclination towards a gradual enhancement in its market value.
Year-on-year growth highlights a consistent upward trajectory, with the most marked increase expected between 2025 and 2028. A notable 5-year compound annual growth rate (CAGR) will further solidify this upward momentum.
Future trends to watch for:
- Environmental regulations impacting the capture fisheries industry.
- Changes in consumer demand influencing supply dynamics.
- Technological advancements improving fishing efficiency and sustainability.
- Market shifts towards alternative seafood products and conservation efforts.
