The household expenditure on takeaway meats in the UK is forecasted to increase steadily from 2024 to 2028, exhibiting a stable growth trajectory. Compared to the actual expenditure in 2023, there is a gradual upward trend. Over the forecasted period, the year-on-year growth is consistent, with an average compound annual growth rate (CAGR) across these five years suggesting moderate rise.
Future trends to watch for include:
- Inflationary pressures that might impact consumer spending habits.
- Emerging consumer preferences for plant-based diets could influence takeaway meat demand.
- Potential impacts of regulatory changes related to health and sustainability.
