In 2023, whole fresh bluntnose sixgill shark production for human consumption in Italy was valued at approximately 7.72 thousand Euros. The forecasted increase for 2024 is 9.1%. The projections indicate a steady growth, with increases of 8.6% in 2025, 7.9% in 2026, 7.2% in 2027, and 6.6% in 2028. The compound annual growth rate (CAGR) for the period 2024-2028 is expected to be approximately 7.9%.
Future trends to watch for include:
- Changes in consumer demand for exotic seafood in Italy.
- Potential regulatory impacts on capture fisheries aimed at sustainability.
- Market competition from other sources of shark meat.
- Impact of economic factors on seafood pricing and consumption patterns.
