In 2023, the actual sold production of food preparations made from flour, meal, and starch in the UK stood lower than the forecasted value of 626.34 million kilograms anticipated for 2024. The year-on-year growth from 2024 through 2028 shows a steady increase with values rising from 626.34 to 715.83 million kilograms. The projected compound annual growth rate (CAGR) for this five-year period indicates a gradual strengthening in production by approximately 3.5%.
Future trends to watch include potential impacts of changes in consumer preferences towards healthier and more sustainable food options, technological advancements in food production, and regulatory changes affecting the industry. Monitoring these shifts will be crucial for further anticipating market dynamics and strategizing accordingly.
