As of 2023, the production value for Large-eye Dentex in capture fisheries for human consumption in Italy stood at approximately €85.00 thousand. The forecast shows a projected increase, with values expected to reach €105.37 thousand in 2024, continuing to rise annually to €185.73 thousand by 2028. This represents significant growth across these years.
Year-on-year percentage increases are noted as follows: from 2024 to 2025, a rise of 19.34%; from 2025 to 2026, 16.02%; from 2026 to 2027, 13.68%; and from 2027 to 2028, 11.94%. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is approximately 17.47%.
Future Trends to Watch For:
- Climate changes affecting marine ecosystems and fish populations.
- Regulations on sustainable fishing impacting production.
- Advancements in fishing technology improving efficiency.
- Market demand shifts driven by consumer preferences for alternative proteins.
