Forecast: Turnover in Wholesale of Agricultural Raw Materials and Live Animals Sector in the UK

The turnover in the UK's wholesale of agricultural raw materials and live animals sector is forecasted to grow steadily from 2024 to 2028. The values indicate minimal year-on-year growth, reflecting modest gains in the industry with a Compound Annual Growth Rate (CAGR) that confirms a gradual increase. As for 2023, the sector stood near these forecasted numbers, implying a stable performance preceding this forecast period.

Future trends to watch for include:

  • Potential impacts of Brexit on trade regulations affecting the sector
  • Increased demand for sustainable and eco-friendly commodities
  • Technological advancements in agricultural supply chains enhancing efficiency
  • A focus on adapting to climate change which may influence production and supply dynamics

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