In 2023, the gutted fresh Ballan wrasse production in capture fisheries in France stood at 1,000 Euros. The forecast for the years 2024 to 2028 shows a steady growth in production value, starting at 1,100 Euros and reaching 1,230 Euros by 2028. This reflects a consistent year-on-year increase of approximately 2.73%. The Compound Annual Growth Rate (CAGR) over this period is projected at 2.73%, indicating a stable upward trend in the market value.
Future trends to watch for include potential impacts from environmental regulations, advances in eco-friendly fishing practices, and shifts in consumer demand for sustainably sourced seafood. Monitoring these factors will provide insight into the sustainability of the growth trend in France’s Ballan wrasse fisheries.
