Forecast: Household Expenditure on Dried, Salted or Smoked Blue Fish in the UK

In 2023, household expenditure on dried, salted, or smoked blue fish in the UK stood at 13.73 pence sterling per capita per week. From a forecasted perspective from 2024 to 2028, there is a consistent year-on-year increase in spending, with growth rates of approximately 2.8% annually. The compound annual growth rate (CAGR) over the five years from 2024 to 2028 is projected to be 2.7%.

Future trends to watch for:

  • Potential shifts in consumer preferences towards more sustainable or alternative seafood products, which could impact expenditure patterns.
  • Economic factors such as inflation or exchange rates that could influence purchasing power and expenditure levels.
  • Regulatory changes affecting the blue fish fishing industry, possibly affecting supply and pricing.

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