In the UK, the production of frozen, filleted seafood for human consumption in capture fisheries is projected to grow steadily from 2024 to 2028. In 2023, production was 900 metric tons. Over the forecast period, there is an expected year-on-year increase with 2024 at 940.77 metric tons. Growth continues, with 2025 at 985.52 metric tons, marking a yearly increase of 4.75%. In 2026, it reaches 1030 metric tons, growing 4.52%. The upward trend persists with 1070 metric tons in 2027 and an increase of 3.88%, reaching 1110 metric tons in 2028. The average compound annual growth rate (CAGR) from 2024 to 2028 is 4.41%.
Future trends to watch for include:
- Impact of sustainable fishing practices on production volumes.
- Potential shifts in consumer preferences towards plant-based alternatives.
- Evolving trade policies and their effects on export and import dynamics.
- Technological advancements in fisheries enhancing production efficiency.
