In 2023, the consumption of renewables and biofuels in the UK's Food, Beverages, and Tobacco sector was 3.3 thousand terajoules. Forecasts for 2024-2028 show a consistent growth pattern, with annual consumption increasing from 3.48 to 4.17 thousand terajoules. The year-on-year growth rates from 2024 to 2028 range from 5.1% to 4.3%, indicating a steady rise. The compound annual growth rate (CAGR) over this period is approximately 4.5%, reflecting positive sectoral momentum towards renewable energy use.
Future trends to watch for include technological advancements in biofuel production, shifts in government policies supporting green energy, and growing consumer pressure for sustainable practices, which could accelerate the adoption of renewables in this sector.
