In Italy, the forecasted production of variegated scallops in capture fisheries is expected to grow from 4.7627 million Euros in 2024 to 10.188 million Euros by 2028. This suggests a robust upward trend with anticipated year-on-year growth rates showing increases of 28.93% in 2025, 22.20% in 2026, 17.96% in 2027, and 15.10% in 2028, respectively. The compound annual growth rate (CAGR) for this period indicates an average of 20.15% growth per annum over five years.
Future trends to watch for include:
- Technological advancements in fishing methods which might influence productivity.
- Policy changes or regulations impacting capture fisheries in the EU.
- Fluctuating market demand and price changes due to consumer trends and economic conditions.