The forecasted production of frozen, gutted, and headed seafood for human consumption in the UK is on a steady upward trajectory from 2024 to 2028. Starting at 21.1 thousand euros in 2024 and reaching 25.54 thousand euros by 2028, this shows a consistent year-on-year increase. The year-on-year growth from 2024 to 2025 is 5.45%, from 2025 to 2026 is 5.04%, from 2026 to 2027 is 4.66%, and from 2027 to 2028 is 4.42%, indicating deceleration in growth.
The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 5%, highlighting a robust but slightly diminishing growth trend over the forecast period.
Future trends to watch for include:
- Changing consumer preferences towards sustainably sourced seafood.
- Potential impacts of environmental regulations on capture fisheries.
- Technological advancements in seafood processing and preservation.
