The UK shellfish production in capture fisheries is forecasted to grow steadily from 2024 to 2028. In 2023, it stood at a baseline prior to expected increases. The forecasted average annual growth of this industry, calculated using CAGR, is indicative of a stable rise throughout the period. Specifically, there are year-on-year increments of approximately 1.8% to 1.9%, reflecting consistent demand and possibly enhanced capture technologies or expanded fishing zones.
Future trends to watch include:
- Impact of ecological and climate changes on shellfish habitats.
- Policy changes post-Brexit influencing fishing quotas and market access.
- Technological advancements in sustainable fishing practices.
- Shifts in consumer preferences towards sustainability, potentially driving demand.