In 2023, the total Kitefin Shark production in capture fisheries in France stood at 3.57 thousand Euros. The forecasted data from 2024 to 2028 indicates a steady annual growth. Specifically, the production value is expected to rise progressively from 3.62 thousand Euros in 2024 to 3.82 thousand Euros in 2028.
The average year-on-year growth from 2024 to 2028 is anticipated to be consistent at approximately 1.38%, indicating stable market conditions for this period. Over the five-year horizon, the Compound Annual Growth Rate (CAGR) is expected to maintain a similar trajectory of incremental increase, reflecting a gradually expanding fishery sector.
Future trends to watch for include potential regulatory changes in fishery management, sustainable fishing practices, and shifts in consumer demand for Kitefin Shark products, all of which could impact market growth and strategies in the coming years.