The meat processing turnover in the UK is forecasted to grow steadily from 2024 to 2028. Starting from 10.23 billion euros in 2024, the turnover is expected to increase to 10.88 billion euros by 2028. This gradual growth represents a consistent year-on-year increase of approximately 1.6%. In 2023, the turnover stood at 10.1 billion euros, marking a year-on-year growth of 1.3% from 2023 to 2024. Over the last five years, the compound annual growth rate (CAGR) is estimated to be 1.8%, indicating a stable upward trend.
Future trends to watch for include advancements in meat processing technology, increasing consumer demand for high-quality meat products, and the potential impact of regulatory changes focusing on sustainability and food safety. It's also crucial to monitor market shifts driven by alternative protein sources and changing dietary preferences.
