The United Kingdom Food Industry Outlook 2024 - 2028

Key Market Indicators

British food sales are projected to climb to approximately €103.8 billion by 2028, up from around €101 billion in 2023. This represents an average annual growth rate of 0.4%. Since 2011, the British market has seen an average yearly increase of 1.1%. In 2023, the United Kingdom ranked fifth in food sales, with Spain surpassing it at the same €101 billion mark. France, Italy, and Spain held the second, third, and fourth positions, respectively. In terms of food expenditures, Britain is expected to reach about €119.7 billion by 2028, rising from €113.5 billion in 2023. This indicates an average annual growth rate of 0.9%. Since 2000, British demand for food has grown by 1.5% each year. In 2023, the UK ranked fourth in food expenditures, with Italy overtaking it at the same €113.5 billion level. France, Italy, and the United Kingdom were the second, third, and fourth largest spenders in this category, respectively.

United Kingdom Food Market Data and Forecasts

Other Top Countries about Food

• United Kingdom
• Italy
• Spain
• Finland
• Germany
• Austria
• Canada
• Belgium
• Poland
• United States