The forecast for the UK's crop and animal production, hunting, and related service activities indicates a steady growth from 2024 to 2028, with the value increasing from £33.33 billion to £35.68 billion. By 2024, this sector sees a rise from its 2023 baseline of £32.74 billion, marking an upward trend in production and service value.
Year-on-year growth rates are projected to be between 1.8% and 1.6%, indicating consistent annual increases. The five-year compound annual growth rate (CAGR) is anticipated to be approximately 1.81%, reflecting sustained sector expansion.
Future trends to monitor include technological advancements in agricultural practices, the impact of climate change policies, and shifts in consumer preferences toward sustainably sourced products. These factors could significantly influence production outputs and market dynamics.
