In 2023, the production of whole fresh crustaceans in the UK's capture fisheries for human consumption was valued at 103.5 million Euros. The forecast for 2024 is 104.9 million Euros, indicating a modest year-on-year growth of approximately 1.35%. This upward trend continues with annual increases of around 1.52% to 1.68% through 2028, culminating in a production value of 111.07 million Euros. The compound annual growth rate (CAGR) over the forecasted period is approximately 1.54%.
Looking forward, key trends include:
- Potential impact of climate change on marine life affecting crustacean availability.
- Regulatory developments in sustainable fishing practices.
- Changes in consumer preferences towards sustainable seafood options.