The forecast for cuttlefish and bobtail squid production in capture fisheries in the UK from 2024 to 2028 suggests a steady increase in value, with annual increments reflecting a consistent upward trend. In 2023, the value stood at a significant base, ensuring every successive year sees moderate growth. From 2024 onwards, an average growth rate of approximately 1.5% per year is anticipated.
Future trends to watch for include:
- Potential impacts of regulatory changes and environmental factors on capture fisheries.
- Shifts in market demand due to evolving consumer preferences for sustainable seafood.
- Technological advances in fishing techniques and supply chain efficiencies.
