The forecast for whole fresh shrimp production in capture fisheries for human consumption in the UK depicts a substantial decline. Projected figures indicate a sharp decrease from 2024 onwards, starting at 645.19 thousand Euros and dropping to 59.27 thousand Euros by 2028. This represents a significant downward trend, with a year-on-year decrease ranging considerably, and a noteworthy cumulative average growth rate (CAGR) highlighting the ongoing reduction in production value.
Future trends to watch for encompass:
- Potential impacts of climate change and environmental policies on capture fisheries.
- Technological improvements or innovations in aquaculture as alternatives to traditional capture methods.
- Shifts in consumer demand and dietary trends affecting shrimp consumption.
- Regulatory changes within the UK's fishing industries post-Brexit.
