The processed and preserved poultry meat market in the UK has experienced varying trends over the past decade. From 2013 to 2023, we have seen significant fluctuations in production values, peaking most recently at 5.5623 Billion Euros in 2023. Year-on-year variations have exhibited volatility, with sharp increases, such as 16.55% in 2014, and declines, like -5.3% in 2016. The Compound Annual Growth Rate (CAGR) over the past five years has been relatively modest at 1.09%, indicating steady but slow growth.
In the near future, the market is expected to grow but at a moderate pace. By 2028, the production value is forecasted to reach 6.1534 Billion Euros, showing a five-year CAGR of 1.59% and an overall growth rate of 8.21% from 2023. For future trends, it is essential to monitor:
- Consumer preferences towards healthier and organic poultry products.
- Technological advancements in food processing and preservation techniques.
- Impact of economic factors like inflation and supply chain disruptions.
- Regulatory changes affecting production standards and trade policies.
