In 2023, the UK's production of gutted fresh Atlantic halibut in capture fisheries for human consumption stood at 58 metric tons. From 2024 to 2028, forecasted data indicates a steady increase from 61.28 to 72.7 metric tons. Year-on-year growth percentages show a consistent upward pattern, with production rising at rates of approximately 4.8% from 2024 to 2025, 4.5% from 2025 to 2026, 4.2% from 2026 to 2027, and 4.0% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period is expected to be around 4.3%.
Future trends to watch for include:
- Potential changes in fishing regulations or quotas, which could impact production volume.
- Environmental factors affecting marine habitats and sustainability practices in capture fisheries.
- Evolving consumer preferences towards sustainable seafood, influencing market dynamics and demand.