The intramural R&D expenditure in the UK’s private non-profit sector was estimated at approximately 1.11 Billion Euros in 2023. From 2024 onwards, the forecast indicates a gradual increase, with an annual growth rate of around 1.75% to 2.50%. The projected expenditure reaches 1.24 Billion Euros by 2028, representing a continuous commitment to innovation and research. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is expected to be around 2.22%.

Future trends to watch for include:

Potential shifts in funding patterns due to economic conditions and policy changes.
Emphasis on sustainable and impactful research projects.
The role of technology and digital transformation in driving research efficiency and collaboration within the non-profit sector.