In 2023, the total production of shrimps and prawns in capture fisheries for human consumption in the UK stood at 1.55 million Euros. From 2024 to 2028, there is a notable decline in production, with values decreasing from 1.4495 million Euros to 1.0695 million Euros. The year-on-year variation indicates a steady downward trend, with an average annual decrease, or CAGR, of approximately 7% during this forecasted period.
Future trends to watch for include:
- Impact of climate change on shrimp and prawn habitats.
- Regulatory changes affecting the fishing industry.
- Evolving consumer preferences toward sustainable seafood options.
- Technological advancements in sustainable fishing practices.