Forecast: Food and Non-Alcoholic Beverages Nominal Expenditure Per Capita in the UK

The nominal expenditure per capita on food and non-alcoholic beverages in the UK is projected to increase steadily from €2.07 thousand in 2024 to €2.11 thousand in 2028. For context, in 2023, this expenditure was slightly lower, reflecting gradual growth annually. The year-on-year growth rate is a consistent 0.48% from 2024 to 2028. The compound annual growth rate (CAGR) across this forecasted period is approximately 0.48% as well, indicating stable growth over five years.

Future Trends to Watch For:

  • Influence of inflation on purchasing power.
  • Changes in consumer preferences towards sustainable and health-focused products.
  • Impact of economic policies post-Brexit affecting trade and pricing.

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