The UK capture fisheries industry for fresh squids, cuttlefishes, and octopuses is projected to see steady growth from 2024 to 2028, with values increasing from 9.89 to 10.68 thousand metric tons. In 2023, production stood at 9.70 thousand metric tons. Year-on-year growth rates from 2024 onwards are estimated at approximately 2%, while the compound annual growth rate (CAGR) over the 5-year forecast period is around 1.9%.

Future trends to watch for include:

Potential impacts of climate change on marine environments, which could affect squid populations.
Shifts in consumer preferences towards sustainable seafood options.
Regulatory changes that could impact fishing quotas and industry operations.