In 2023, the market for fresh marbled electric ray production in France was steady, but the data from 2024 onwards projects a decline in value. From 2024 to 2028, the forecasted data shows a consistent downward trend in production value, with decreases each year approximately at 6.58% from 2024 to 2025, 6.58% from 2025 to 2026, 7.45% from 2026 to 2027, and 7.89% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is approximately -6.67%, indicating continued reduction in production.
Future trends to watch for include:
- Impact of environmental regulations on fishing practices and sustainability measures.
- Changing consumer preferences towards alternative seafood options or substitutes.
- Potential technological advancements in fisheries management and efficiency.
- Effects of climate change on marine biodiversity and resource availability.