The forecasted household expenditure on lard and cooking fat in the UK is showing a consistent decline from 2024 to 2028. In 2024, the per capita per week expenditure is projected at 0.2 Pence Sterling, decreasing to 0.13 Pence by 2028. This indicates a year-on-year decline of approximately 10% from 2024 to 2025, followed by a decline in the range of 5.5% to 11.8% annually thereafter. This consistent downward trend suggests reduced household spending on these products, possibly driven by changes in consumer preferences or dietary shifts.

Future trends to watch for:

Potential shifts towards healthier cooking oils and fats.
Impact of health-conscious movements on lard and cooking fat consumption.
Price fluctuations and their influence on consumer choices.
Innovation in cooking fats and substitutes that could alter consumption patterns.