In 2023, the production of whole frozen finfish in capture fisheries for human consumption in the UK was valued at €4.995 million. Forecasts suggest steady growth in this sector from €5.1669 million in 2024 to €5.8403 million by 2028. Year-on-year growth rates indicate a consistent increase: 3.36% from 2024 to 2025, 3.19% from 2025 to 2026, 3.02% from 2026 to 2027, and 2.88% from 2027 to 2028. The projected compound annual growth rate (CAGR) from 2024 to 2028 is approximately 3.11%.
Future trends to watch for include:
- Advancements in sustainable fishing technologies.
- Changing consumer preferences towards eco-friendly products.
- Potential impacts of climate change on fishery yields.
- Economic factors affecting the European seafood market.
