The UK fresh pork market demonstrated varied growth from 2013 to 2023, peaking in 2023 with a value of 3.6495 billion Euros. Noteworthy year-on-year changes include significant growth rates in 2015 (5.21%) and 2017 (9.75%), and a decline in 2016 (-4.02%). Over the past two years (2022-2023), the market grew steadily at around 1.9% annually. The average annual growth rate (CAGR) over the last five years was approximately 2.36%, reflecting a relatively stable market.
Future trends suggest a slower, more modest growth pace with a forecasted CAGR of 1.28% from 2024-2028, marking a projected total growth rate of 6.57% by 2028. Market observers should monitor changes in consumer preferences, potential regulatory impacts on the meat industry, and supply chain dynamics as key factors influencing this market.
