Forecast: Fruit Processing and Vegetables Processing Production Value in the UK

In 2023, the Fruit and Vegetables Processing Production Value in the UK stood at 7.84 billion Euros. The period from 2013 to 2023 shows a mixed trend with significant fluctuations. The value peaked in 2015 at 8.32 billion Euros and hit a low in 2018 at 7.18 billion Euros. Year-on-year variations have seen significant shifts, notably a decrease of 8.43% in 2013, and increases like 11.98% in 2014. Recent years show modest growth, with a 1.03% increase in 2023. Over the last five years, the Compound Annual Growth Rate (CAGR) averaged 1.77%, indicating steady but slow growth.

Future trends to watch for:

  • Stabilized growth, predicted to average a 0.82% CAGR over the next five years.
  • Incremental increase in production value up to 8.25 billion Euros by 2028, marking a 4.17% growth.
  • Potential impacts of economic and environmental policies on production and costs.
  • echnological advancements in processing and supply chain efficiency.

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