In 2023, the UK's seafood production from capture fisheries stood at significant historical levels. Observing the forecast from 2024 to 2028, there's a steady annual increase, with a marked growth rate of approximately 1.4% in 2025, 1.3% in 2026, and 1.2% continuing into 2027 and 2028. This aligns with a CAGR nearing 1.3% a year over the forecast period.
Future trends to watch for:
- Improvement in sustainable fishing practices affecting yield.
- Impact of climate change and regulatory pressures.
- Global market demand shifts toward ethical sourcing.
- Technological advancements in fishing methods to enhance efficiency.