The forecasted production value of gutted fresh blue shark in the UK capture fisheries market for human consumption is projected to decline consistently from 2024 to 2028. In 2023, this value had been higher, signifying a downward trend. From 2024 to 2025, the market sees a decrease by approximately 6.09%, continuing this descent with a reduction of 5.95% for 2025-2026, 6.32% for 2026-2027, and 6.75% for 2027-2028. Over this five-year period, the compound annual growth rate (CAGR) indicates a consistent downward trajectory.
Future Trends to Watch For:
- Regulatory impacts on shark fishing due to sustainability concerns.
- Shifts in consumer preferences towards alternative seafood options.
- Market opportunities for synthetic or plant-based seafood alternatives.
- Potential advances in fisheries management that may affect supply.
