Forecast: Total Shagreen Ray Production in Capture Fisheries for Human Consumption in France

The forecasted production of Shagreen Ray for human consumption in France shows an upward trend from 2024 to 2028. In 2023, the actual production stood at an estimated lower level than the projected 319.19 thousand euros in 2024. The subsequent years show a consistent year-on-year increase in production value, with approximate increments of 8.8 to 8.86 thousand euros annually, resulting in a compound annual growth rate (CAGR) over five years. This reflects a steady rise in demand or supply capacity, supported by improved capture fisheries initiatives.

Future trends to watch for include:

  • Changes in consumer preferences towards sustainable and locally sourced seafood.
  • Potential regulatory shifts impacting fishing quotas and practices in France.
  • Technological advancements in capture fisheries that may enhance production efficiency.
  • Environmental factors affecting marine biodiversity and shagreen ray populations.

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