The forecasted trend for pea production in the United Kingdom from 2024 to 2028 demonstrates a consistent decrease. In 2023, the actual production stood at 116.4 thousand metric tons. Year-on-year, there is a gradual decline with a -1.43% drop from 2024 to 2025, a further -1.41% decrease from 2025 to 2026, followed by a -1.40% reduction from 2026 to 2027, and finally a -1.40% decline from 2027 to 2028. Over the five-year period, the compound annual growth rate (CAGR) indicates an average annual decrease of approximately -1.44%.
Future trends to watch for include:
- Changes in agricultural policies or subsidies affecting pea cultivation.
- Advancements in agricultural technologies that could enhance yield efficiency.
- Market demand fluctuations driven by consumer preferences for plant-based proteins.
- Potential impacts of climate change on crop production conditions and cycles.