In 2023, the UK hatched approximately 1.1462 million heads of broiler chicks for fattening. The forecasted data from 2024 to 2028 shows a gradual increase from 1.1595 million heads in 2024 to 1.2153 million heads in 2028. This indicates a steady year-on-year growth, with variations around 1% to 1.5% annually, and a compound annual growth rate (CAGR) over the five-year period hovering around the same percentage.
Future trends to watch for include:
- Potential impacts from evolving consumer preferences towards plant-based proteins, which may influence market demand.
- Environmental and regulatory changes affecting the poultry industry and its sustainability practices.
- Technological advancements in poultry farming that could enhance productivity and efficiency.