In 2023, the Kitefin shark production in capture fisheries in France stood at an unspecified value. From 2024 onwards, forecasts predict a steady rise in its value reaching 3.82 thousand euros by 2028. The year-on-year growth rates from 2024 to 2028 suggest a consistent increase of approximately 1.38% annually, indicating a stable growth trend across the forecasted years. The compound annual growth rate (CAGR) over these five years stands at about 1.38%, highlighting a consistent market expansion for Kitefin shark production in France.
Future trends to watch for:
- Regulatory changes impacting shark fishing quotas or restrictions.
- Environmental factors affecting shark populations and natural habitats.
- Market demand fluctuations for shark-derived products.
- Technological advances in sustainable fishing practices.
