The UK government expenditure on R&D in agricultural and veterinary sciences is set to increase steadily from 2024 to 2028, with the projected values rising from $1.3 billion in 2024 to $1.49 billion by 2028, measured in billion US dollars PPP. In 2023, the expenditure was at $1.26 billion, indicating a consistent year-on-year growth rate, averaging approximately 3.5% annually over the five-year period.

Future trends to watch for include:

Continued investment in sustainable agriculture technologies.
A possible increase in funding to address climate change impacts on agriculture.
Growing importance of animal health research due to emerging diseases.