The production of whole fresh squids, cuttlefishes, and octopuses in UK capture fisheries is showing a consistent upward trend. In 2023, production stood slightly below the 2024 forecast of €41.976 million. From 2024 to 2028, an annual increase is observed with a Compounded Annual Growth Rate (CAGR) of approximately 3.0%. Year-over-year growth ranges from around 3% to 3.5%, indicating steady sector expansion.
Future trends to watch for include:
- Impact of climate change on marine life populations.
- Market demand shifts in response to sustainability concerns.
- Regulatory changes affecting fishing practices.
