The forecast for household expenditure on pate in the UK from 2024 to 2028 shows a slight year-on-year decline. Starting at 2.13 pence sterling per capita per week in 2024, it reduces incrementally to 2.09 by 2028. The year-on-year percentage change reflects a decreasing trend consistent across the forecast period. The compound annual growth rate (CAGR) over the five-year period highlights an average annual decline, suggesting a gradual but steady reduction in interest or purchase of pate.
Future trends to watch for:
- Changing dietary preferences that might impact consumption.
- Economic factors that could affect household spending power and food choices.
- Potential market innovations or product variations that might rejuvenate interest in pate.