The UK poultry meat market saw consistent growth from 2013 to 2023, with a notable peak in 2015 before experiencing a few dips. The market value in 2023 stood at 10.087 billion Euros, representing a 1.87% year-on-year increase. Across the last five years leading up to 2023, the CAGR averaged at a relatively modest 0.9%. Forecasts predict steady growth through 2028, with a CAGR of 1.31%, suggesting a stable albeit slow upward trend.
Future trends to watch for include:
- Rising consumer demand for sustainable and ethically sourced poultry.
- Innovation in plant-based poultry alternatives affecting market dynamics.
- The impact of regulatory changes related to food safety and animal welfare.
- Technological advancements in poultry farming efficiency and productivity.
