The fresh cuttlefish and bobtail squids' production in capture fisheries for human consumption in the UK is forecasted to grow from 19.493 million euros in 2024 to 21.417 million euros by 2028. In comparison, the year 2023 saw a slightly lower production value at approximately 19 million euros. The forecast reflects an average annual growth rate (CAGR) of around 2.4% over the forecasted period. Year-on-year variation remains steady, signifying a consistent upward trend in production value.
Future trends to watch for include:
- Potential impacts of changes in marine policies and sustainability practices.
- Technological advancements in fishing techniques that might increase yield efficiency.
- Shifts in consumer preferences towards sustainable and locally sourced seafood.