The UK mustard flour and meal market has experienced a consistent decline in volume from 2012 to 2022. Starting at 2.9013 million kilograms in 2012, the market has shrunk year by year to 1.2892 million kilograms in 2022. Examining year-on-year variations, significant drops were noted, particularly in 2013 (-6.36%) and 2015 (-21.33%). Minor positive growth was only observed in 2016 at 4.65%, but this was not sustained. For the recent two years, the market contracted by -6.38% in 2021 and -6.68% in 2022, illustrating a persistent downward trend. The five-year CAGR stands at -5.13%, reflecting the average annual decline over the past five years.
Future trends to watch for include potential impacts of changing consumer preferences towards healthier and more varied dietary options, which could further affect demand for traditional mustard flour and meal. Additionally, economic factors and global supply chain issues could continue to influence market dynamics. Efforts to innovate and diversify product offerings within this segment could be pivotal for market stabilization or possible recovery.
