The UK's food gross production is projected to increase moderately from 18.861 billion USD in 2024 to 19.003 billion USD by 2028, based on PPP values from 2004–2006. In 2023, actual values recorded were slightly below the 2024 forecast. The year-on-year growth rates remain consistent, showcasing a steady, incremental rise of approximately 0.19% annually. Meanwhile, the compound annual growth rate (CAGR) from 2024 to 2028 is marginal, reflecting the incremental nature of the increase over the five-year period.
Future trends to watch include the introduction of innovative agricultural technologies, potential policy changes post-Brexit, and the impact of climate change on food production. Monitoring these can provide insights into potential fluctuations or accelerations in growth beyond 2028.
