In 2023, the production of frozen finfish in UK capture fisheries for human consumption stood at approximately 7.37 thousand metric tons. The forecast data from 2024 to 2028 indicates a steady increase, reaching 7.75 thousand metric tons by 2028. Year-on-year growth shows positive trends, with annual growth rates gradually rising. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 0.99%, reflecting consistent expansion.
Future trends to watch:
- Sustainable fishing practices to enhance long-term output.
- Technology advancements in fisheries improving productivity.
- Changes in consumer demand impacting production levels.
- Regulatory developments affecting capture fisheries policies.