In 2023, the processed fish market size volume per capita in the UK stood at 1.57 kilograms. The forecast from 2024 to 2028 indicates a gradual decline in consumption: 1.54 kilograms in 2024, down to 1.40 kilograms by 2028. Year-on-year changes show a consistent decrease of around 2% annually. The compound annual growth rate (CAGR) over this period suggests an average annual decline of approximately 2.2%.
Future trends to watch for:
- Shifting consumer preferences towards fresh or plant-based alternatives.
- Influence of sustainable fishing and environmental concerns on consumer choices.
- Potential market growth through innovations in processed fish products.