The UK fresh whole turkey market's value per capita is forecasted to decline from €0.84 in 2024 to €0.78 in 2028, indicating a gradual annual decrease. Comparing 2024 to 2023, where the value stood, the change signifies a minor downturn. Observing year-on-year variations, the projected values decrease slowly, suggesting market stabilization rather than volatility. The Compound Annual Growth Rate (CAGR) points to a slight contraction over the five-year period, highlighting consistent reduction trends.
Future trends to watch include evolving consumer dietary preferences, potential economic impacts on poultry prices, and potential shifts towards alternative celebrations that may impact turkey purchases. Monitoring these could offer insights into potential market upturns or continued declines.
