In 2023, the UK's home-killed beef and veal production stood at approximately 907 thousand metric tons. The forecast for 2024 through 2028 indicates a steady increase in production, reaching 922.2 thousand metric tons by 2028. The yearly growth from 2024 to 2028 hovers around a modest, consistent rate, with a compound annual growth rate (CAGR) over this five-year period reflecting a gradual, stable increase in production.
Future trends to watch for include:
- Potential shifts in consumer preferences towards alternative proteins, possibly affecting demand.
- Regulatory changes impacting agriculture and livestock practices related to sustainability.
- Economic factors influencing production costs and beef and veal pricing within the UK.