The forecast for partly skimmed milk sterilised production in the UK shows a consistent decline from 2024 to 2028. Starting at 11.81 thousand metric tons in 2024, it is expected to drop to 8.75 thousand metric tons by 2028. The year-on-year decrease is noticeable in each subsequent year, with significant declines. Over the five-year forecast period, the compounded annual growth rate (CAGR) is negative, highlighting a steady downtrend from the 2023 figures.
Future trends to watch for:
- Shifts in consumer preferences towards plant-based milk alternatives.
- Potential regulatory changes impacting dairy production and processing.
- Technological advancements in milk preservation and production efficiency.
- Economic factors impacting dairy sector supply chains and costs.
