Based on the provided data, the value of cereal products production in the UK is forecasted to grow as follows: 2024 - €13.88B, 2025 - €13.99B, 2026 - €14.1B, 2027 - €14.2B, 2028 - €14.3B.
Year-on-Year (YoY) Variations:
- 2024 to 2025: 0.79%
- 2025 to 2026: 0.79%
- 2026 to 2027: 0.71%
- 2027 to 2028: 0.70%
This indicates a stable growth trend with an average Compound Annual Growth Rate (CAGR) of approximately 0.75% over the next five years.
Future trends to watch include the impact of health and wellness trends on cereal product demand, potential trade disruptions due to Brexit, and evolving customer preferences towards organic and fortified cereals.
