Product Code: ETC292329 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United Kingdom fish market is a significant component of the country`s economy and culture. With a rich history of fishing traditions, the UK boasts a diverse range of fish and seafood products available for both domestic consumption and export. The market is characterized by a mix of small-scale coastal fishing operations and larger commercial fisheries, providing a wide variety of fresh and frozen fish to consumers. Key species in demand include cod, haddock, salmon, mackerel, and shellfish such as prawns and scallops. The market is also influenced by factors such as regulations on sustainable fishing practices, consumer preferences for locally sourced and organic products, and the impact of Brexit on trade relationships with EU countries. Overall, the UK fish market remains a dynamic and integral part of the nation`s food industry.
In the United Kingdom Fish Market, there is a noticeable shift towards sustainability and ethical sourcing. Consumers are increasingly seeking out local and responsibly sourced seafood options, driven by concerns about overfishing and environmental impact. This trend is leading to a rise in demand for certified sustainable seafood products and transparency in the supply chain. Additionally, there is a growing interest in lesser-known fish species and seafood alternatives as people look to diversify their diets and support more sustainable practices. The UK Fish Market is also seeing an increase in online sales and home delivery services, especially in light of the COVID-19 pandemic, as consumers seek convenient ways to access fresh seafood while minimizing their time spent in-store. Overall, the market is evolving to meet the changing preferences and values of consumers towards more sustainable and ethical seafood choices.
In the United Kingdom (UK) Fish Market, challenges include fluctuating fish stocks due to overfishing and climate change, strict regulations and quotas set by the EU Common Fisheries Policy, competition from imported seafood, rising operating costs such as fuel and equipment, and the impact of Brexit on trade agreements and access to fishing waters. Additionally, there is a growing consumer demand for sustainable and ethically sourced seafood, putting pressure on fishers and suppliers to adhere to responsible fishing practices. These challenges require the industry to adapt by implementing sustainable fishing methods, investing in technology to improve efficiency, and finding new markets to diversify revenue streams.
Investment opportunities in the UK fish market include aquaculture, sustainable fishing practices, and technology innovation. Aquaculture, or fish farming, presents a growing opportunity as demand for seafood rises. Investing in sustainable fishing practices, such as supporting fisheries with certifications like Marine Stewardship Council (MSC), can appeal to environmentally-conscious consumers. Additionally, technology innovation in the form of automation, data analytics, and traceability solutions can enhance efficiency and transparency in the supply chain. With Brexit impacting fishing quotas and regulations, there may be potential for investments in adapting to new trade agreements and market dynamics. Overall, the UK fish market offers diverse investment prospects for those interested in supporting sustainable practices and leveraging technological advancements in the industry.
The United Kingdom`s Fish Market policies are primarily governed by the Common Fisheries Policy (CFP), which sets quotas and regulations to ensure sustainable fishing practices and conservation of fish stocks. Under the CFP, UK fishermen are subject to catch limits, discard bans, and licensing requirements aimed at promoting responsible fishing. Additionally, the UK government has implemented policies to support the fishing industry, including funding for infrastructure improvements, research and development, and marketing initiatives. Brexit has also had a significant impact on UK Fish Market policies, with the UK regaining control over its territorial waters and negotiating new trade agreements with other countries. Overall, the UK`s Fish Market policies are focused on balancing economic interests with environmental sustainability and maintaining a competitive fishing industry post-Brexit.
The future outlook for the United Kingdom Fish Market appears to be a mix of challenges and opportunities. The market is expected to face disruptions due to factors such as changing consumer preferences, environmental concerns, and regulatory changes post-Brexit. However, there are also opportunities for growth, particularly in the sustainable seafood sector and the development of new technologies to improve efficiency in the industry. The UK`s focus on promoting domestic seafood consumption and supporting local fishermen could also drive market expansion. Overall, the UK Fish Market is likely to see a shift towards more sustainable practices and a greater emphasis on transparency and traceability in the supply chain to meet the evolving demands of consumers and regulatory requirements.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Kingdom (UK) Fish Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Fish Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Fish Market - Industry Life Cycle |
3.4 United Kingdom (UK) Fish Market - Porter's Five Forces |
3.5 United Kingdom (UK) Fish Market Revenues & Volume Share, By Fish Type, 2021 & 2031F |
3.6 United Kingdom (UK) Fish Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 United Kingdom (UK) Fish Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 United Kingdom (UK) Fish Market Revenues & Volume Share, By Sector, 2021 & 2031F |
4 United Kingdom (UK) Fish Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for sustainable and ethically sourced seafood |
4.2.2 Growth in seafood consumption due to health benefits and popularity of seafood-based diets |
4.2.3 Technological advancements in fishing techniques leading to higher yields and efficiency |
4.3 Market Restraints |
4.3.1 Stringent regulations and quotas imposed on fishing practices |
4.3.2 Fluctuating seafood prices due to market volatility and supply chain disruptions |
5 United Kingdom (UK) Fish Market Trends |
6 United Kingdom (UK) Fish Market, By Types |
6.1 United Kingdom (UK) Fish Market, By Fish Type |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Fish Market Revenues & Volume, By Fish Type, 2021 - 2031F |
6.1.3 United Kingdom (UK) Fish Market Revenues & Volume, By Inland Fishes, 2021 - 2031F |
6.1.4 United Kingdom (UK) Fish Market Revenues & Volume, By Marine Fishes, 2021 - 2031F |
6.1.5 United Kingdom (UK) Fish Market Revenues & Volume, By Shrimps, 2021 - 2031F |
6.1.6 United Kingdom (UK) Fish Market Revenues & Volume, By Scampi, 2021 - 2031F |
6.2 United Kingdom (UK) Fish Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Fish Market Revenues & Volume, By Fresh, 2021 - 2031F |
6.2.3 United Kingdom (UK) Fish Market Revenues & Volume, By Frozen, 2021 - 2031F |
6.2.4 United Kingdom (UK) Fish Market Revenues & Volume, By Canned, 2021 - 2031F |
6.2.5 United Kingdom (UK) Fish Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 United Kingdom (UK) Fish Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Fish Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3.3 United Kingdom (UK) Fish Market Revenues & Volume, By Institutional, 2021 - 2031F |
6.4 United Kingdom (UK) Fish Market, By Sector |
6.4.1 Overview and Analysis |
6.4.2 United Kingdom (UK) Fish Market Revenues & Volume, By Organised, 2021 - 2031F |
6.4.3 United Kingdom (UK) Fish Market Revenues & Volume, By Unorganised, 2021 - 2031F |
7 United Kingdom (UK) Fish Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Fish Market Export to Major Countries |
7.2 United Kingdom (UK) Fish Market Imports from Major Countries |
8 United Kingdom (UK) Fish Market Key Performance Indicators |
8.1 Percentage of seafood sourced from certified sustainable fisheries |
8.2 Adoption rate of technology-driven fishing practices |
8.3 Consumer sentiment towards seafood consumption and awareness of sustainability practices in the industry |
9 United Kingdom (UK) Fish Market - Opportunity Assessment |
9.1 United Kingdom (UK) Fish Market Opportunity Assessment, By Fish Type, 2021 & 2031F |
9.2 United Kingdom (UK) Fish Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 United Kingdom (UK) Fish Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 United Kingdom (UK) Fish Market Opportunity Assessment, By Sector, 2021 & 2031F |
10 United Kingdom (UK) Fish Market - Competitive Landscape |
10.1 United Kingdom (UK) Fish Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) Fish Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |