The forecast for the starches and starch products market in the UK shows a gradual decline from 2024 to 2028, with values decreasing from €10.31 to €9.72 per capita. This indicates a consistent downward trend over the years. Compared to 2023, where the actual per capita value stood at €10.46, there is a noticeable reduction of approximately 1.43% from 2023 to 2024. The compound annual growth rate (CAGR) from 2024 to 2028 reveals an average annual decrease, reflecting a shrinking market presence and potential declining demand over this period.

Future trends to watch for:

Potential shifts in consumer preferences towards low-carb or alternative dietary products, impacting starch product consumption.
Economic factors such as inflation or changes in disposable income may further influence purchasing behavior.
Innovations within the industry related to health and sustainability could alter market dynamics.
Brexit implications might affect trade policies, subsequently impacting the starch supply chain and market size.