In 2023, the production of alive fresh whelk in France's capture fisheries was valued at 19.8 Million Euros. Starting from 2024, a steady year-on-year increase is forecasted, with values reaching 20.576 Million Euros in 2024, climbing to 21.153 Million Euros in 2025, and reaching up to 22.849 Million Euros by 2028. This indicates a consistent growth trend with a Compound Annual Growth Rate (CAGR) of approximately 2.6% over five years.
Future trends to watch for:
- Potential impacts of climate change on whelk habitats and population dynamics.
- Regulatory changes in fishing policies that could affect capture rates and prices.
- Technological advancements in capture and processing that could enhance production efficiency.