The eggs market size in the United Kingdom has shown steady growth from 2014 to 2023, with the volume reaching 775.0 Thousand Metric Tons in 2023. The year-on-year variation for 2023 was 0.52%, maintaining a consistent trend seen in recent years. Over the last five years, the Compound Annual Growth Rate (CAGR) stands at 0.58%, reflecting a stable yet modest increase in production. From 2014 to 2019, the market experienced slightly higher growth with a peak year-on-year increase of 3.72% in 2015, compared to relatively stable increments of around 0.5% in subsequent years.
Forecasted data from 2024 to 2028 indicates continuous but marginal growth, with the expected CAGR for the next five years at 0.38% and an overall growth rate of 1.93%. By 2028, the market is anticipated to reach 794.0 Thousand Metric Tons, suggesting ongoing but moderate expansion.
Future trends to watch for:
- Potential impacts of sustainability and animal welfare concerns on production practices.
- Technological advancements in egg production and supply chain efficiencies.
- Fluctuations in consumer demand driven by dietary trends and economic factors.
