The forecast for the sugar supply in the UK from 2024 to 2028 shows a slight decline from 37.6 kilograms per capita per year in 2024 to 37.4 kilograms per capita per year by 2028. The year-on-year variation is minimal, generally around 0.3% to 0.6%, indicating a relatively stable sugar supply. Notably, 2023 stood at 37.7 kilograms per capita per year, reflecting a small decline in the coming years. The five-year Compound Annual Growth Rate (CAGR) shows an average annual decrease of around 0.3%.
Future trends to watch for include potential changes in consumer preferences for healthier alternatives, government regulations on sugar consumption, and the impacts of climate change on sugar production. Monitoring these factors will be crucial for anticipating shifts in the supply and demand dynamics in the sugar market.
