In 2023, the total smooth-hound production in Italy's capture fisheries for human consumption was valued at approximately 2.75 million Euros. From 2024 to 2028, forecasts indicate a positive trend with steady year-on-year growth, increasing from 2.905 million Euros in 2024 to 3.5708 million Euros in 2028. This reflects a compound annual growth rate (CAGR) of around 5.2% over five years.
Future trends to watch for include:
- Potential impacts of regulatory changes on fishing practices and catch limits.
- Shifts in consumer preferences toward sustainable and traceable seafood options.
- Technological advancements in fishing and processing that could affect production efficiency and costs.