The UK meat market size in volume has experienced fluctuating growth from 2012 to 2022. Starting at 2.7259 billion kilograms in 2012, it saw an overall increase, reaching 3.4114 billion kilograms by 2022. A significant peak was observed in 2017 with a 7.35% year-on-year growth, followed by steady increases in subsequent years, with the highest growth occurring in 2018 at 8.18%. Although minor declines were noted in 2013, 2015, and 2019, overall, the market demonstrated resilience and growth.
Over the past five years, from 2018 to 2022, the Compound Annual Growth Rate (CAGR) averaged 2.48%. The last two years also saw positive year-on-year variations of 1.67% in 2021 and 1.61% in 2022, highlighting a stable upward trend despite modest increments.
As we stand in 2024, forecasting suggests sustained growth in the UK meat market. Future trends to watch for include the influence of environmental and ethical considerations, the rise of alternative proteins, and changing consumer preferences driven by health awareness. Monitoring the impact of regulatory changes and advancements in meat production technologies will also be critical to understanding future market dynamics.
How does the United Kingdom rank in Meat Market Size Volume?
| # | 21 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 13,419,000,000 | 2023 | +3.48% | +3.45% | View data |
| 2 | 2 Spain | 6,256,900,000 | 2023 | +2.03% | +1.16% | View data |
| 3 | 3 Italy | 4,821,400,000 | 2023 | -3.68% | -3.19% | View data |
| 4 | 4 France | 4,587,700,000 | 2023 | -0.41% | -1.09% | View data |
| 5 | 5 United Kingdom | 3,464,300,000 | 2023 | +1.55% | +1.19% | |
| 6 | 6 Poland | 2,867,700,000 | 2023 | +2.91% | +3.06% | View data |
| 7 | 7 Denmark | 1,471,400,000 | 2023 | +3.64% | +3.87% | View data |
