The forecast for France's whole fresh sharks, rays, and chimaeras production in capture fisheries for human consumption showcases a slight year-on-year decline from 2024 to 2028. Starting at 17.351 million euros in 2024, the value gradually decreases to 17.22 million euros by 2028. Reflecting a declining trend, the projected Compound Annual Growth Rate (CAGR) indicates a modest annual reduction over these five years. In 2023, the industry stood at similar values indicating a stable yet downward trajectory.
Future trends to watch for:
- Increasing regulations on marine conservation affecting production.
- Shifts in consumer demand towards sustainable and alternative seafood options.
- Technological advancements in fishing methods and processing enhancing efficiency.