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Marine Fishing in the UK - Industry Market Research Report

Marine fishing market in the United Kingdom to grow 2.5% CAGR between 2014-19

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2014-01-23 01:47:02 - Marine Fishing in the UK - Industry Market Research Report - a new market research report on

The Marine Fishing industry has had a poor catch of late. Already suffering from declining wild catch volumes and falling fishing quotas, the industry has been left floundering by volatile seafood prices and a sharp economic downturn. Rising competition from aquaculture has also threatened the industry.

Industry revenue is estimated to contract at a compound annual rate of 0.2% over the five years through 2013-14 to £779.3 million. Growth of 1.1% is forecast for 2013-14 as quotas are relaxed and demand for seafood improves moderately.

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