In 2023, the production of whole frozen Atlantic herring in the UK for human consumption was at a certain value. As we step into the forecast period from 2024 to 2028, production is expected to consistently increase. Specifically, it is projected to grow by approximately 3.33% from 2024 to 2025, 3.15% from 2025 to 2026, 2.99% from 2026 to 2027, and finally, 2.85% from 2027 to 2028. Over these five years, the compound annual growth rate (CAGR) is likely to reveal a stable upward trend reflecting gradual, consistent growth in production value.
Future trends to watch for include:
- Impact of sustainable fishing practices on production output.
- Changes in consumer demand for Atlantic herring and shifts towards alternative sources of protein.
- Market dynamics influenced by trade policies post-Brexit and its effects on seafood exports.
- Technological advancements in freezing and preservation methods affecting the quality and shelf life of the product.