Forecast: Sold Production of Meat and Poultry Meat Products in the UK

The sold production of meat and poultry meat products in the UK stood at 1.9007 billion kilograms in 2023. Over the past decade, the market has exhibited fluctuations, with notable drops in 2015 and 2016, followed by a recovery in recent years. The year-on-year variations indicate moderate growth in the years 2022 (1.29%) and 2023 (1.25%). The Compound Annual Growth Rate (CAGR) over the last five years up to 2023 shows an average growth of 1.4% per year. Looking ahead, the forecasted data suggests a steady upward trend, with a forecasted CAGR of 0.89% from 2024 to 2028, resulting in a growth rate of 4.55% over the next five years.

Future trends to watch for include:

  • Potential impacts of regulatory changes on meat production.
  • Shifts in consumer preferences towards plant-based and alternative protein sources.
  • Sustainability initiatives and their effects on production and demand.
  • The potential for technological advancements in meat processing and production efficiency.

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