In 2023, the UK sold production of soya-bean oil stood at a value which serves as the baseline for our analysis. The forecast data indicates steady growth from 2024 to 2028 with values ranging from 137.2 to 152.59 million euros. Year-on-year, the production value is expected to increase by approximately 2.88% from 2024 to 2025, 2.76% from 2025 to 2026, 2.62% from 2026 to 2027, and 2.50% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is projected at approximately 2.69%.
Future trends to watch for include potential impacts of regulatory changes in agricultural policies, fluctuations in global soya-bean supply and demand, and shifts in consumer preferences towards more sustainable and locally sourced products. These factors could influence production volumes and market dynamics in the UK soya-bean oil industry.
