In 2023, the UK’s Tails Fresh Seafood Production in Capture Fisheries was below 54 million euros. Moving into 2024, forecasts indicate a value of 54.334 million euros, with expected year-on-year growth rates of 1.49%, 1.44%, 1.39%, and 1.34% for 2025 to 2028 respectively. The compound annual growth rate (CAGR) projected from 2024 to 2028 is approximately 1.41%. This suggests a steady, moderate increase in production value over the five-year period.

Future trends to watch for:

Impact of climate change on fish stocks, affecting production levels.
Regulatory changes in the fishing industry impacting operational costs and efficiencies.
Technological advancements in sustainable fishing methods.
Shifts in consumer demand toward sustainable seafood sources.