Young's Seafood owner: 25% of UK shoppers expect to eat less seafood as cost-of-living crisis hits

Consumers are making fundamental changes to their shopping and eating habits in order to combat runaway inflation, and seafood is likely to suffer as a result of these changes, according to a presentation from Sofina Foods, the parent company of seafood giant Young's.

Sofina Vice Chairman Simon Smith delivered a presentation at the Groundfish Forum in Seattle last week showing the volume of retail food and drink sales has declined 4 percent in the past 12 weeks in the UK.