As of 2023, the Whole Fresh Smooth-hound production in capture fisheries for human consumption in the UK stood at approximately 178.00 thousand Euros. From 2024, projected production values show a steady increase, rising from 182.04 thousand Euros in 2024 to 198.76 thousand Euros by 2028. This demonstrates a consistent year-on-year growth averaging around 2.2% per annum, with a cumulative annual growth rate (CAGR) of approximately 2.2% over the five-year period from 2024 to 2028.
Future trends to watch for include potential impacts from environmental regulations, changing consumer preferences towards sustainable seafood, and the effects of geopolitical factors on capture fisheries. Close monitoring of these elements is crucial to ensure sustained growth in this sector.
