Forecast: Frozen Cuttlefish, Bobtail Squids Production in Capture Fisheries for Human Consumption in the UK

The forecast for frozen cuttlefish and bobtail squids production in capture fisheries for human consumption in the UK indicates a decline from 1.5 metric tons in 2024 to 1.43 metric tons by 2028. The production is set to decrease consistently by approximately 1.3% year-on-year between 2024 and 2028. This trend echoes a compound annual growth rate (CAGR) of around -1.2% over these years. In 2023, production stood slightly above 1.5 metric tons, marking the beginning of this forecasted downturn.

Future trends to watch for:

  • Potential impact of climate change on marine life which could further affect production levels.
  • Shifts in consumer preferences towards sustainable seafood, influencing demand and catch methods.
  • Regulatory changes affecting fishing quotas and practices which could alter future production trends.

Top Countries about Wild Fisheries