The forecast for frozen whelk production in UK capture fisheries for human consumption from 2024 to 2028 shows a consistent decline. Starting at 2.7 metric tons in 2024, it is projected to decrease by approximately 8.1% year-on-year by 2025, 8.5% by 2026, 8.8% by 2027, and 10.1% by 2028 compared to the previous year. This suggests an overall Compound Annual Growth Rate (CAGR) of -8.01% over the five-year period. The production of frozen whelk stood at 3.0 metric tons in 2023, highlighting the declining trend.
Future trends to watch for include:
- Impact of environmental regulations on capture fisheries.
- Changing consumer preferences and demand for alternative seafood.
- Technological advancements in fishing practices to enhance sustainability.
