The forecast data indicates a steady increase in household expenditure on salmon in the UK from 2024 to 2028. In 2023, expenditure was lower than the projected 20.3 pence per capita per week in 2024. Year-on-year increases remain modest at around 2% annually, signaling a gradual growth in consumer spending on salmon. The compound annual growth rate (CAGR) over the five-year period is approximately 2%, suggesting consistent but moderate growth in demand.

Future trends to watch for:

Changes in consumer preferences towards sustainable and ethically-sourced seafood, which may impact expenditure.
Price fluctuations of salmon due to environmental factors and supply chain issues.
Potential dietary shifts influenced by health trends or economic factors.