Key Market Indicators
Britain's food expenditures are set to reach €117.3 billion by 2026, up from €110.8 billion in 2021, with an average growth rate of 0.9% year-on-year. Since 2000, demand has increased by 1% annually. In 2021, the UK ranked fourth, overtaken by Italy with €110.8 billion. France, Italy and the UK placed second, third and fourth respectively in this ranking. Food sales in Britain are forecast to reach €102.7 billion by 2026, growing from €99.7 billion in 2021 at an average rate of 0.5% year-on-year. Since 2011, market figures have decreased by 0.3% annually. In 2021, the UK ranked fifth, with Spain ahead at €99.7 billion. France, Italy and Spain placed second, third and fourth respectively in this ranking. Food production in Britain is expected to reach $23.3 billion by 2026, up from $23.2 billion in 2021, with an average growth rate of 0.1% year-on-year. Since 1966, supply has increased by 0.5% annually. In 2021, the UK ranked thirty-first, overtaken by Poland with $23.2 billion. India, the United States and Brazil placed second, third and fourth respectively in this ranking.
The United Kingdom Food Market Data and Forecasts
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