In 2024, the production of Headed Gutted Fresh Atlantic Cod in the UK capture fisheries is projected to be 8.74 metric tons, up from 8.5 metric tons in 2023. The forecast shows a consistent increase of approximately 3% year-on-year, reaching 9.82 metric tons by 2028. The Compound Annual Growth Rate (CAGR) for the upcoming five years is projected at 2.97%. This growth reflects stable demand, sustainable practices, and favorable ecological conditions.
Future trends to watch include potential shifts in market demand linked to eco-aware consumer behavior, changes in fishery regulations impacting quotas, and environmental changes affecting cod populations.