In 2023, UK's frozen dab, Limanda, production in capture fisheries was recorded at 0.73 metric tons. Forecasted figures demonstrate a steady growth from 2024 to 2028: 0.77 metric tons in 2024, increasing by approximately 5.19% to 0.81 in 2025, and showing a 6.17% rise to 0.86 by 2026. The trend continues with growth rates of 4.65% in 2027, reaching 0.9, and 4.44% in 2028 at 0.94. The compound annual growth rate (CAGR) over this five-year period stands at around 5.10%.
Future trends to watch for include:
- Environmental regulations impacting fishing practices
- Market demand fluctuations altering production priorities
- Technological advancements in capture methods