In 2023, the actual figure for frozen Atlantic herring production in the UK stood below the forecasted growth figures starting from 2024. From 2024 onwards, projections show a steady increase each year: 2025 and 2026 record year-on-year growth rates of approximately 3.33% and 3.17%, respectively, while 2027 and 2028 maintain growth rates at about 3%. The compound annual growth rate (CAGR) across the five-year forecast period is anticipated to average around 3.06% yearly.
Going forward, it is crucial to monitor trends in consumer preferences for seafood, potential impacts of climate change on herring populations, and adjustments in fisheries policies that might affect production volumes and economic viability.
