Key Market Indicators
The British food processing industry is projected to see a steady increase in revenue, reaching approximately €10.9 billion by 2028. This growth marks a rise from the current year's figure of around €10.1 billion, with an average annual growth rate of 1.2%. Since 2013, the British market has experienced a consistent year-on-year growth rate of 1.5%. However, in the 2023 rankings, the UK fell to the fifth position. Italy surpassed the UK with revenues also at €10.1 billion. In the broader European context, France, Germany, and Italy secured the second, third, and fourth positions, respectively, in the food processing revenue rankings for 2023.
