The sold production of butter and dairy spreads in the UK is forecasted to gradually rise from 2024 to 2028. Starting at 741.86 million Euros in 2024, it is predicted to reach 777.24 million Euros by 2028. This indicates a steady growth trend in the industry.
Year-on-year variations reveal slight increases each year: 2025 sees a 1.23% growth from 2024, 2026 a 1.19% rise from 2025, 2027 a 1.15% boost from 2026, and finally, 2028 shows a 1.11% increase from 2027. The compound annual growth rate (CAGR) over this five-year period is approximately 1.17% per year.
For future trends to watch, consider the influences of dietary shifts toward plant-based alternatives, potential impacts of Brexit on trade, and changes in consumer pricing sensitivity due to economic factors. Innovation in low-fat and alternative spreads could also shape future production trends.
