In 2024, the forecast for UK fresh sandeel and sandlance production in capture fisheries is projected at 902.59 thousand euros. This marks a steady increase from previous years, with anticipated year-on-year growth rates of approximately 5% from 2024 to 2025, and similar growth patterns through to 2028. This consistent upward trend suggests a healthy and expanding market for sandeels and sandlances. With a Compound Annual Growth Rate (CAGR) of approximately 6% over the period from 2024 to 2028, the sector shows robust potential.
Future trends to watch for include the impact of environmental policies on fishery practices, technological advancements in sustainable fishing methods, and changes in demand driven by shifts in dietary trends and marine biodiversity conservation efforts.
