The production value of trouts, smelts, and salmons in UK's capture fisheries is forecasted to rise steadily from 2024 to 2028, with values starting at 13.35 and increasing to 14.6 (Thousand Euros Per Metric Ton) by 2028. Year-on-year, this reflects growth rates of approximately 2.4% to 2.8%. From 2023 to now in 2024, the sector has remained buoyant due to demand and favorable conditions. The compound annual growth rate (CAGR) across the five-year forecast period is approximately 2.3%.
Future trends to watch for include:
- Environmental regulations impacting fisheries operations.
- Technological advancements in capture methods enhancing efficiency.
- Changes in demand and consumer preferences towards sustainable seafood options.
