In 2024, the UK fresh turbot production in capture fisheries is forecasted at approximately 7.03 million euros, following a steady growth pattern from prior years. In 2023, the value was slightly lower, reflective of consistent year-on-year growth in the industry. Over the next five years, the sector is anticipated to grow at a compound annual growth rate (CAGR) of about 1.3%. Specifically, the year-on-year growth ranges from around 1.38% to 1.34% for the period from 2025 to 2028, demonstrating a stable upward trend in production value.
Future trends to watch for include:
- Changes in consumer demand influenced by sustainability and health awareness.
- Technological advancements impacting fishing and production efficiency.
- Regulatory changes affecting fishing quotas and environmental impact.