The forecasted household expenditure on cooked poultry in the UK shows a steady upward trend from 2024 to 2028. Starting at 36.9 Pence Sterling Per Capita Per Week in 2024, it is expected to increase, reaching 38.99 by 2028. Based on past actual data, 2023 serves as a baseline, with continual growth projected over the covered years. Each year sees approximately a 1.47% increase, reflecting a consistent year-on-year gain. The average compound annual growth rate (CAGR) over the five forecasted years is an anticipated 1.46% increase annually.
Future trends to watch for include:
- Potential impacts of inflation or economic shifts on household disposable income.
- Changes in consumer dietary preferences towards or away from poultry.
- Policy changes addressing food production and consumption that may influence market dynamics.
