As of 2023, the total shellfish production in capture fisheries for human consumption in the UK was at 235 million Euros. The forecast indicates a steady increase in production value from 2024 to 2028, starting at 239.4 million Euros and reaching 253.22 million Euros by 2028. This represents a compound annual growth rate (CAGR) of approximately 1.45% over the five-year period.
The year-on-year growth rates for 2025 through 2028 show a consistent increase in shellfish production value: approximately 1.49% for 2025, 1.44% for 2026, 1.39% for 2027, and 1.34% for 2028. This suggests a stable upward trend in the market.
Future trends to watch for include:
- The impact of environmental policies on capture fisheries.
- Technological advancements in sustainable fishing practices.
- Evolving consumer preferences for shellfish and its substitutes.
