In 2023, the whole fresh spotted ray production in the UK for human consumption stood at 116.12 thousand Euros. From 2024, forecasts show a steady increase: 122.98, 129.85, 136.58, 143.18, and 149.64 thousand Euros respectively each year until 2028. The year-on-year growth for 2025 is 5.6%, for 2026 is 5.18%, for 2027 is 4.83%, and for 2028 is 4.52%. The compound annual growth rate (CAGR) from 2024 to 2028 is noted as approximately 5%.
Future trends to watch for include:
- Environmental regulations affecting capture fisheries.
- Market demand shifts driven by consumer preferences.
- Technological advancements in fishing methods.
- Impact of sustainable practices on production quantities.