In 2023, the UK’s pig production was valued at 1.67 billion Euros. The forecasted data for 2024 shows a slight increase to 1.68 billion Euros, a 0.60% year-on-year growth. For 2025, an additional 0.60% increase is projected, reaching 1.69 billion Euros. This trend continues modestly into 2026, hitting 1.7 billion Euros and then leveling off through 2027 with another small increment to 1.71 billion Euros by 2028.
When looking at the Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028, the average annual growth rate is estimated at approximately 0.48%. This steady but slow growth indicates a stable market with minimal fluctuations.
Future trends to watch for include potential impacts of environmental regulations, shifts in consumer preferences toward plant-based proteins, and any economic or trade policies that may affect agricultural production costs and export opportunities. These factors could influence future forecasts and market stability.
