In 2023, gutted fresh red gurnard production in UK capture fisheries was recorded at 15.65 metric tons. The forecast from 2024 to 2028 indicates a steady annual increase, with production expected to reach 18.92 metric tons by 2028. The year-on-year growth is anticipated to remain consistent, with an approximate growth rate of 5.35% from 2024 to 2028.
The Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028 is projected to be approximately 4.36%, reflecting a steady upward trend in production volume.
Future trends to watch for include:
- The impact of climate change on marine biodiversity and fish stocks.
- Regulatory changes in fishing quotas and sustainable practices.
- Market demand shifts due to consumer preferences for sustainable seafood options.