The production value of gutted frozen Atlantic cod for human consumption in the UK shows modest growth from 2024 to 2028. Forecasting from a 2023 baseline (not disclosed), the value grows incrementally: 3.3 in 2024, 3.32 in 2025, 3.35 in 2026, 3.37 in 2027, and 3.4 in 2028. Year-on-year growth is gradual, increasing by 0.61% from 2024 to 2025, 0.90% from 2025 to 2026, 0.60% from 2026 to 2027, and 0.89% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is 0.76%, underscoring steady demand and stable market conditions.
Future trends to watch for include potential impacts of sustainability practices on capture fisheries, technological advancements in fishing methods, and changes in consumer preferences toward more sustainable seafood sources. Monitoring these factors will be crucial as they may alter production costs or market access, influencing value growth beyond 2028.
