The forecast for Fresh Starry Smoothhound production in capture fisheries in the UK indicates a consistent increase from 2024 through 2028. In 2023, production was at 7.2 metric tons. From 2024 to 2025, production grows by approximately 5.76%, followed by 5.32% from 2025 to 2026, 5.05% from 2026 to 2027, and 4.59% from 2027 to 2028. The five-year compound annual growth rate (CAGR) from 2024 to 2028 is approximately 5.18%, suggesting a steady growth trend in the smoothhound market.
Future trends to watch for include:
- Changes in fishing regulations that may impact supply levels.
- Shifts in consumer preferences towards sustainable seafood influencing demand.
- Potential impacts of climate change on fish population dynamics.