In 2023, the number of beer enterprises in the UK was approximately 1.65 thousand. Since then, forecasts project a consistent YoY increase, reaching 1.9 thousand enterprises by 2028. The YoY growth rate averages around 3% annually, exhibiting stable expansion in the industry. The five-year CAGR further underlines this upward trend.
Future trends to watch for include:
- Increasing demand for craft breweries could spur new entrants.
- Potential regulatory changes impacting small breweries could affect growth rates.
- Rising consumer preference for local and artisanal products may fuel sector expansion.
- Technological advancements might enhance brewery operations and enterprise efficiency.