Key Market Indicators
British meat sales are projected to reach approximately €26.2 billion by 2028, up from €24.7 billion in 2023. This marks an average annual growth rate of 0.9%. Since 2013, the British market has seen a year-on-year increase of 1.7%. In 2023, the United Kingdom ranked fifth in meat sales, with Italy surpassing it at €24.7 billion. France, Spain, and Italy took the second, third, and fourth spots, respectively. British meat consumption is expected to grow to 5.45 million metric tons by 2028, up from 5.35 million metric tons in 2023. This translates to a compound annual growth rate (CAGR) of 0.3%. Since 2019, British demand for meat has risen by 0.6% annually. On the production front, British meat output is forecasted to reach 4.49 million metric tons by 2028, compared to 4.27 million metric tons in 2023. This represents an average yearly growth of 0.8%. Since 1966, British meat supply has increased by 0.9% year on year.