The sold production of processed and preserved poultry meat in the UK showed considerable fluctuations from 2013 to 2023, reaching a volume of 1.7885 Billion Kilograms in 2023. The sector experienced a mix of growth and declines over the years, with the most notable decrease in 2019 by 13.69%. However, recent years have indicated a stabilization with a minor year-on-year increase of 0.46% in 2023. The last five years exhibited a compound annual growth rate (CAGR) of -1.5%, suggesting a slight downward trend.
Future trends to watch for:
- New product innovations and higher poultry consumption driven by health-conscious consumer preferences.
- Impact of economic conditions and potential Brexit-related trade adjustments.
- Technological advancements in food processing and sustainability practices.