The turnover of meat products in the UK is forecasted to experience a steady upward trend from 2024 to 2028. The value is expected to grow from 25.0 billion Euros in 2024 to 26.19 billion Euros in 2028. The year-on-year growth percentages from 2024 onwards are modest but positive, indicating a compounded annual growth rate (CAGR) over this five-year period.
- 2024-2025: 1.24% increase
- 2025-2026: 1.19% increase
- 2026-2027: 1.13% increase
- 2027-2028: 1.12% increase
The steady yet moderate percentage increase year-over-year, and the projected CAGR illustrates a stable but slow growth trajectory for the UK meat products market over the next five years.
A future trend to watch includes potential shifts in consumer preferences towards plant-based and alternative proteins, which may influence market dynamics. Additionally, policy changes concerning environmental sustainability and health could impact meat product turnovers.
