The production of whole fresh porgies and seabreams in capture fisheries for human consumption in the UK is set to rise steadily from 2024 to 2028. In 2023, the production value was recorded at an estimated baseline, and the subsequent years from 2024 show forecasted growth. Between 2024 and 2025, the production is expected to increase by approximately 5.27%. This trend continues, with growth rates of around 4.90% in 2026, 4.57% in 2027, and 4.29% by 2028. The compound annual growth rate (CAGR) over this period stands at approximately 5.06%, indicating stable growth in the UK market.
Future trends to watch for:
- Changes in consumer preferences and demand for sustainable seafood.
- Potential regulatory impacts on capture fisheries affecting production volume.
- Technological advancements in fishing and production methods that could enhance efficiency.
- Shifts in international trade policies impacting UK export opportunities for seafood.