In 2023, the production of roes seafood in capture fisheries for human consumption in the UK was valued at 83.6 thousand Euros. The forecast for 2024 indicates a rise to 89.77 thousand Euros. This upward trend continues through 2028, reaching 109.55 thousand Euros, which represents a steady growth. The year-on-year growth rate averages between 5% and 6% annually, with a compound annual growth rate over the last five years around 5.6%. This consistent increase underscores a positive outlook for the sector.
Future trends to watch for include:
- Potential impacts of environmental policies on fish stocks and sustainability.
- Technological advancements in fishing and processing methods that could enhance efficiency.
- Changes in consumer preferences and demand for sustainable and traceable seafood products.
- Potential effects of trade agreements on exports and imports affecting the UK seafood market.