Forecast: Gutted Frozen Megrims Production in Capture Fisheries for Human Consumption in the UK

The production value of gutted frozen megrims in the UK for capture fisheries is anticipated to grow from 8.87 thousand Euros in 2024 to 11.01 thousand Euros by 2028. This indicates a positive trend with year-on-year increases, registering a 6.2% increase annually between 2024 and 2025, followed by successive growth of around 5.7% yearly through to 2028. The compound annual growth rate (CAGR) over this five-year period stands at approximately 5.5%, reflecting a steady upward trajectory in the production value.

Future trends to watch for include:

  • Impact of environmental and regulatory changes on fisheries output.
  • Technological advancements in fishing and processing methods, potentially enhancing efficiency.
  • Global market demand fluctuations for fish varieties like megrims influencing export and local consumption patterns.

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