The forecast for cow slaughterings in the UK suggests a steady increase from 2024 to 2028 with values rising from 752,120 heads in 2024 to 813,160 heads in 2028. This indicates a consistent upward trend with a compound annual growth rate (CAGR) over this period.
Year-on-year growth is observed with a gradual increase: 2.1% from 2024 to 2025, 2.0% from 2025 to 2026, 1.9% from 2026 to 2027, and 1.8% from 2027 to 2028, showing a declining growth rate trend across the forecasted years.
Future trends to watch for:
- Market demand for beef products, as it can influence slaughter rates and impact overall industry forecasts.
- Policy changes regarding agricultural and animal welfare practices, possibly affecting production volumes.
- Global economic conditions, which may alter the export dynamics and affect the UK slaughtering industry.