The UK Frozen Whelk production in capture fisheries is projected to grow incrementally from 2024 to 2028. In 2023, production was slightly below the 2024 forecast value. Year-on-year growth from 2024 to 2025 is expected to be modest. Further incremental growth continues steadily through 2028. The Compound Annual Growth Rate (CAGR) over the forecast period is expected to be low, indicating stability rather than expansion in production levels.
Future trends to watch for:
- Market demand changes for seafood globally, which may impact export dynamics.
- Environmental regulations and their effect on capture fisheries practices.
- Technological advancements in fishing and processing that could affect efficiency and production costs.