The forecasted sold production of flours, meals, and pellets of meat in the UK shows a steady growth trajectory from 2024 through 2028. Starting at 414.53 million kilograms in 2024, the volume is expected to increase annually, reaching 445.03 million kilograms by 2028. In 2023, the production was reported at 407 million kilograms, marking a 1.9% increase in 2024. The average compound annual growth rate (CAGR) over this five-year horizon is approximately 1.8%.
Future trends to watch for include:
- Potential impacts of dietary changes towards plant-based alternatives.
- Regulations and sustainability efforts affecting production practices.
- Global economic trends influencing export demand.
