Key Market Indicators
British food sales are projected to hit €103.8 billion by 2028, up from €101 billion in 2023. This marks an average annual growth rate of 0.4%. Since 2011, the market has seen a year-on-year increase of 1.1%. Meanwhile, British food expenditures are expected to climb to €119.7 billion by 2028, rising from €113.5 billion in 2023. This represents a compound annual growth rate (CAGR) of 0.9%. Since 2000, demand in the British food market has grown at an average of 1.5% per year.