The UK's wholesale production of agricultural raw materials and live animals is projected to demonstrate a steady upward trend, from £2.73 billion in 2024 to £2.82 billion by 2028. This trajectory marks a consistent annual increase in the sector's value, reinforcing its growth prospects. With an average Compound Annual Growth Rate (CAGR) of around 0.83%, the market shows resilience. However, the year-on-year growth is modest, with annual increases hovering just above 0.7% across the forecast period, suggesting stable but not rapid expansion.

Future trends to watch for include:

The impact of technological advancements and sustainable farming practices on productivity.
Potential market disruptions due to climate change and geopolitical tensions.
Consumer demand shifts towards organic and ethically sourced products.