The forecast for the UK's meat and poultry meat products market size, expressed in euros per capita, indicates a gradual decline from 2024 to 2028. Starting at 156.46 euros in 2024, the value decreases each year, reaching 153.21 euros in 2028. As of 2023, the value stood higher, reflecting an ongoing downward trend suggesting reduced consumption or price adjustments in this sector.
Year-on-year variations show a consistent decrease, emphasizing a shrinking market. Evaluating the compound annual growth rate (CAGR) for this period reveals a negative trend, illustrating the market's continuous contraction over the five years.
Future trends to monitor include:
- Shifts towards plant-based or alternative protein sources, potentially influencing meat consumption patterns.
- Economic factors impacting consumer spending on food.
- Regulatory developments or sustainability movements affecting meat product pricing and availability.
