Key Market Indicators
British cereal products production is projected to reach €14.3 billion by 2028, rising from €13.8 billion in 2023. This represents an average annual growth rate of 0.6%. Since 2013, the supply of British cereal products has increased by 0.9% per year. In 2023, the UK held the fourth position in cereal production, with Italy surpassing the country at €13.8 billion. Germany, Italy, and the United Kingdom ranked second, third, and fourth, respectively, in this category. Meanwhile, British cereal products sales are expected to hit €15.5 billion by 2028, up from €14.8 billion in 2023. This marks an average yearly growth rate of 0.7%. Since 2013, the British cereal market has seen a 1.1% annual increase. In 2023, the UK was again ranked fourth in cereal products sales, with Italy overtaking at €14.8 billion. Germany, Italy, and the United Kingdom came in second, third, and fourth, respectively, in this ranking as well.
