The UK meat market exhibited consistent growth from 2012 to 2022, rising from 12.54 billion Euros in 2012 to 16.97 billion Euros in 2022. The year 2014 saw significant growth at 10.78%, while 2015 and 2016 experienced minor declines. From 2017 onwards, the market demonstrated a steady upward trajectory, featuring modest but consistent increases in value, indicating resilience and maturity. Year-on-year variations stabilized between 1.58% and 5.22% from 2017 to 2022. The average annual growth rate (CAGR) for the last five years stood at approximately 2.74%, reflecting a gradual but steady expansion trajectory.
Future trends to watch for:
- Increasing consumer demand for plant-based and alternative proteins might slightly decelerate the traditional meat market growth.
- Sustainability and ethical concerns could drive changes in consumption patterns.
- Innovations in meat processing and packaging focusing on health and environmental impacts.
How does the United Kingdom rank in Meat Market Size Value?
| # | 23 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26,271,000,000 | 2023 | +1.62% | +1.76% | View data |
| 2 | 2 France | 20,556,000,000 | 2023 | -0.43% | +0.36% | View data |
| 3 | 3 Italy | 19,843,000,000 | 2023 | +0.48% | +0.26% | View data |
| 4 | 4 United Kingdom | 17,318,000,000 | 2023 | +2.04% | +2.43% | |
| 5 | 5 Spain | 13,262,000,000 | 2023 | +1.18% | +2.68% | View data |
| 6 | 6 Poland | 8,450,300,000 | 2023 | +3.08% | +3.18% | View data |
