Smaller stocks: Revenue is dipping in 2023-24 as cost-of-living pressures push customer to cheaper fish products
The Aquaculture industry's revenue is forecast to climb at a compound annual rate of 1.4% over the five years through 2023-24. British consumers' rising health consciousness has supported fish sales, particularly salmon. The UK government has also heavily encouraged fish consumption thanks to its health benefits. The low value of the pound since the Brexit vote has supported exports of salmon and trout, which are more competitively priced. The growing middle class in China has supported exports of Scottish salmon.
Companies in this industry farm salmon, trout, shellfish and other aquatic organisms in nets or cages in marine and freshwater lochs or coastal waters.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Mowi Scotland Ltd
- Scottish Sea Farms Ltd
- Cooke Aquaculture Scotland Ltd
- Bakkafrost Scotland Ltd
Methodology
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