In 2023, the UK’s frozen crustaceans production in capture fisheries was reported at an actual value. For the years 2024 to 2028, the production is forecasted to increase steadily. The year-on-year variations show a consistent upward trend, with an average annual growth rate (CAGR) over the five-year period. This indicates a positive trajectory for the sector, driven by increasing demand and favorable market conditions.
Future trends to watch include:
- Impact of sustainability practices on production capabilities.
- Development of technologies in processing and freezing methods.
- Market shifts influenced by changing consumer preferences and economic conditions.