The value added of crop and animal production, hunting, and related service activities in the UK is projected to see a steady increase from 2024 to 2028. In 2023, the value was at 12.79 billion pounds sterling. Over the forecasted period, a consistent year-on-year growth rate is observed, with values rising from 12.97 billion in 2024 to 13.72 billion in 2028. This represents a compound annual growth rate (CAGR) that indicates a healthy sector expansion.
Future trends to watch for:
- Impacts of climate change on crop yields and animal production.
- Technological advancements in agricultural practices driving efficiency.
- Policy changes within the UK and internationally affecting trade and subsidies.
- Consumer preference shifts towards sustainable and organic products.
