In 2023, the per capita market size value for fish fillets in batter or breadcrumbs, including fish fingers in the UK, was €13.94. The forecast indicates a steady annual increase, reaching €14.66 by 2028. This reflects a consistent year-on-year growth, with marginal increments observed within the 1% range annually. The compound annual growth rate (CAGR) over the next five years is expected to be approximately 1%. This suggests a stable demand and modestly increasing market value for this category of fish products among UK consumers.
Future trends to watch include:
- Sustainability practices influencing consumer preferences in seafood products.
- Growing popularity of plant-based alternatives potentially impacting market dynamics.
- Regulatory changes affecting supply chains due to environmental concerns.