The UK agriculture and livestock related service activities output is projected to rise steadily, with values increasing from 34.4 billion Euros in 2024 to 35.39 billion Euros in 2028. This represents a gradual annual growth, with the average percentage increase (CAGR) over these five years expected to be modest. In 2023, the output stood slightly lower, marking this forecasted period as one of steady growth.
Future trends to watch for include:
- Technological advancements driving efficiency gains in agriculture.
- Impact of climate change on agricultural productivity.
- Policy changes post-Brexit and their implications on the sector.
- Increasing focus on sustainable and eco-friendly farming practices.
