In 2023, France's production of Fresh Shagreen Ray for human consumption in capture fisheries was valued at 330.93 thousand euros. From 2024 to 2028, forecasts predict a consistent upward trend, with values increasing from 357.42 to 463.04 thousand euros. Year-on-year growth for these forecasts suggests robust annual increases of approximately 7.5% from 2024 to 2025 and around 6.9% from 2025 to 2026. The compound annual growth rate (CAGR) for this period is projected at 7.8%, indicating a healthy and sustained growth trend.
Future trends to watch include:
- Potential regulatory changes affecting fisheries.
- Shifts in consumer preferences towards sustainable seafood options.
- Impact of climate change on marine biodiversity and fishing yields.
- Technological advancements in fishing practices and supply chain efficiency.