The UK's whole fresh whelk production in capture fisheries for human consumption is slated to grow steadily. With 2023 serving as the benchmark year, the production value stood at approximately 28 million euros. Forecasted numbers indicate a year-on-year increase of roughly 3.5% to 3.7% from 2024 to 2028. In examining the compound annual growth rate (CAGR), the period from 2024 to 2028 is expected to witness an annual average increase of about 3.5%.
Future trends to watch for include:
- Potential regulatory changes affecting sustainable fishing practices.
- Developments in export markets, particularly in Asia.
- Impact of climate change on marine ecosystems and whelk populations.
