In 2023, the production of gutted frozen pouting bibs stood at an actual value of 0.20 metric tons in the UK. From 2024 onwards, forecasts indicate a steady year-on-year growth, with production reaching 0.21 metric tons in 2024, and incrementally increasing to 0.24 metric tons by 2028. This marks a consistent annual rise of approximately 0.01 metric tons. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is modest, reflecting a gradual yet stable expansion of this segment.
Future trends to watch for:
- Potential impacts of Brexit on fisheries regulation and access to fishing grounds.
- Environmental policies and their influence on fishing practices and quotas.
- Technological advancements in freezing and storage which could enhance efficiency.