In 2023, the UK's production of frozen turbot for human consumption stood at a baseline value. Forecasts predict a rising trend, with production expected to increase from 2.45 metric tonnes in 2024 to 3.07 metric tonnes by 2028. This demonstrates steady growth with year-on-year increases averaging around 6.89%. The compounded annual growth rate (CAGR) over five years is anticipated to be approximately 5.81%, indicating a positive momentum in this sector.
Key future trends to watch for include:
- Market demand shifts due to changing consumer preferences or economic conditions.
- Potential regulatory changes impacting capture fisheries.
- Technological advancements in sustainable fishing and production techniques.
