The total Atlantic halibut production in capture fisheries for human consumption in the UK is projected to increase from €607.76 thousand in 2024 to €716.77 thousand by 2028. This represents a positive trend, with an average annual growth rate, or CAGR, of approximately 4.2% over this period. In comparison, actual production stood at €580 thousand in 2023, indicating a steady upward trajectory.
Future trends to watch for:
- Potential changes in environmental regulations affecting fishing practices.
- Technological advancements in capture techniques that could enhance efficiency.
- Market demand fluctuations influenced by consumer preferences and competitive seafood options.