The UK's production of frozen shrimps and prawns in capture fisheries for human consumption is forecasted to decrease from 3.9 thousand euros per metric ton in 2024 to 2.41 in 2028. Year-on-year, this reflects a decline of approximately 10% annually. The Compound Annual Growth Rate (CAGR) over the forecasted period is a decrease of 11.4% per year.
Future trends to watch for include:
- Shifts in consumer preferences towards sustainable seafood.
- Impact of environmental changes on fisheries resources.
- Potential regulatory changes affecting the fishing industry.