The forecast for the sold production of salted, in brine, dried, or smoked swine bellies and cuts in the UK from 2024 to 2028 shows a gradual decline. In 2023, the value stood at approximately 59.5 million Euros. By 2028, the expected value drops to 56.605 million Euros, indicating a consistent downward trend. The year-on-year percentage decline averages around 1% from 2024 to 2028, with a projected 5-year Compound Annual Growth Rate (CAGR) showing a slight decrease.
Future trends to watch include:
- Potential impact of changing consumer preferences towards alternative proteins.
- Inflationary pressures affecting production costs and pricing strategies.
- Trade policies post-Brexit influencing import and export dynamics.
