In 2023, the production of frozen anglerfishes in the UK for human consumption stood at 3.1 million euros. The forecast for 2024 through 2028 suggests a steady increase, achieving a compound annual growth rate (CAGR) of approximately 5.3%. This translates into yearly increments, with a marked increase of 6% to 6.7% year-on-year during this period. The upward trend indicates a growing consumer demand for frozen anglerfishes in the market.
Future trends to watch for:
- Impact of sustainability and fishing regulations on supply.
- Innovations in freezing technology affecting quality and shelf-life.
- Consumers' preference shifts due to health trends and economic factors.