The UK frozen whole fresh water fish market showed a fluctuating trend from 2013 to 2023. After experiencing strong growth between 2013 and 2017, the market faced a decline between 2018 and 2020, marked by year-on-year contractions. The market rebounded starting in 2021, reaching a value of €65.898 million in 2023, growing modestly year-on-year at 1.83%. Over the last five years, the compound annual growth rate (CAGR) was 1.02%, indicating a cautious but positive trend. The forecast suggests continued growth through 2028, with a projected 5-year CAGR of 1.43% and an overall growth rate of 7.36%.
Future trends to watch for include:
- Consumer preferences shifting towards sustainable and local sourcing of fish.
- Technological advances in freezing techniques improving product quality.
- Impact of regulatory changes on imports and exports.
- Potential effects of economic conditions on consumer spending.
