The production of whole fresh sharks, rays, and chimaeras in the UK's capture fisheries is projected to grow from 3.65 thousand metric tons in 2024 to 4.08 thousand metric tons by 2028. This represents a steady year-on-year growth of approximately 3% each year. The continuous upward trend reflects a compound annual growth rate (CAGR) of around 2.8% from 2024 to 2028.
Future trends to watch for:
- Impact of regulatory changes on capture fisheries and sustainable fishing practices.
- Market demand shifts driven by consumer preferences towards sustainable seafood.
- Potential environmental impacts affecting shark and ray populations.
- Technological advancements in fishing and tracking methods.