The meat and poultry meat products market in the UK is predicted to experience a decline in per capita volume from 2024 to 2028. In 2023, the per capita volume stood at a higher level, which saw a steady decrease over the projected years. The year-on-year variation indicates a consistent reduction, with volumes dropping annually, reflecting shifting consumer preferences or external market pressures. The five-year compound annual growth rate (CAGR) highlights a significant reduction trend averaging per year over this period. These trends suggest potential changes in consumer diets or increased competition from alternative protein sources.
Future trends to watch include the growing influence of plant-based diets, regulatory changes impacting meat production, and evolving consumer preferences towards sustainability and health. The market may need to adapt strategically to maintain relevance and meet changing demands.