The UK’s fresh peas production is forecasted to decline from 102.31 thousand metric tons in 2024 to 88.78 thousand metric tons by 2028. This marks a consistent year-on-year decrease, reflecting a significant downward trend over the years. If we assess the compound annual growth rate (CAGR) from 2024 to 2028, it indicates a negative average annual growth rate.
Future trends to watch for include:
- Impact of climate change on crop yields, potentially exacerbating the downward trend.
- Advancements in agricultural technology that might partially offset declines.
- Policy changes or subsidies affecting production costs and market dynamics.
- Shifts in consumer demand towards sustainable and locally sourced produce.
