Fresh shrimp production in the UK’s capture fisheries is forecasted to decrease significantly from 2024 to 2028, starting at 677.04 thousand Euros in 2024 and plunging to 91.95 thousand Euros by 2028. This represents a stark reduction across the forecast period, with percentage declines each year showcasing a troubling downward trend. As an aggregate, the five-year CAGR indicates a sustained downturn in the market for fresh shrimp production.
Future trends to watch for include potential shifts in environmental policy, technological advancements in sustainable fisheries, and emerging consumer preferences, potentially affecting the capture fisheries' economic viability and production methods.
