In 2023, the production of Velvet Belly in capture fisheries for human consumption in France stood at an estimated 0.8 metric tons.
Forecasts from 2024 to 2028 indicate a gradual increase in production: 0.9 metric tons for 2024 and 2025, rising to 1 metric ton in 2026, and further to 1.1 and 1.2 metric tons in 2027 and 2028, respectively. This reflects a consistent year-on-year growth, with the CAGR calculated over this period indicating an upward trend.
Future trends to watch for:
- Potential impacts of sustainable fishing practices on velvet belly yields.
- Market demand influenced by dietary trends favoring seafood consumption.
- Regulatory changes in EU fishing policies affecting capture capacities.
- Environmental factors or climate changes could shift habitat and distribution.
