The forecast for gutted fresh European seabass production in the UK's capture fisheries for human consumption shows a steady decline from 2024 to 2028. With a base actual value of 7.35 metric tons in 2023, production is expected to decrease by 4.57% in 2024, followed by successive year-on-year declines of 4.57% culminating in a compounded average growth rate (CAGR) of -4.71% over the five-year period.
Future trends to watch for include:
- Potential impacts of climate change on seabass habitats affecting supply.
- Changes in fisheries management policies in response to declining catches.
- Consumer demand shifts towards more sustainable seafood options.
- The effect of technological advancements on capture efficiencies.
