The UK poultry meat slaughtering industry displayed notable fluctuations between 2013 and 2023, with values expanding from 1.66 to 2.02 million metric tons. The year-on-year growth ranged from a decline of 3% in 2019 to a significant rise of 8.05% in 2018. The Compound Annual Growth Rate (CAGR) experienced a peak of 3.33% in 2018, subsequently tapering to 0.62% in 2023, reflective of stabilizing growth patterns.
Looking forward, forecasts from 2024 to 2028 suggest a steady growth outlook with a projected 5-year CAGR of 1%, and an overall growth rate of 5.12%, reaching 2.15 million metric tons by 2028.
Future trends to watch for:
- Shift towards eco-friendly and sustainable farming practices.
- Impact of policy changes on meat production and consumption.
- Technological advancements aimed at optimizing production efficiency.
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