In 2023, the Bacon and Other Cured Cuts market in the UK had a value of 34.41 Euros per capita. The forecast from 2024 to 2028 shows a decreasing trend with the value per capita reducing from 33.83 Euros in 2024 to 31.59 Euros in 2028. Year-on-year analysis indicates a gradual decline: 1.72% in 2025, 1.68% in 2026, 1.72% in 2027, and 1.68% in 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is -1.69%, highlighting a consistently decreasing trend.
Future trends to watch include shifts in consumer preferences towards healthier eating, potential impacts of regulatory changes, and economic fluctuations that could affect disposable incomes, thereby influencing buying patterns in the cured meat sector.
