In 2023, the production of fresh edible crab in the UK capture fisheries stood at 82.5 million Euros. Moving into the forecasted period, there is a noticeable upward trend as production is projected to increase each year, reaching 97.146 million Euros by 2028. This represents an annual growth with year-on-year increments of approximately 3.5% to 3.8%, and a CAGR of around 3.37% over five years.
Future trends to watch for:
- Potential impact of climate change on marine life habitats.
- Changes in international trade regulations affecting seafood export.
- Advancements in sustainable fishing practices.
- Shifts in consumer demand preferences towards sustainable seafood options.