The UK yoghurt market has exhibited fluctuations in volume from 2012 to 2022. Starting at 660.56 million kilograms in 2012, the market saw a notable decrease until 2016, followed by a resurgence in the succeeding years, peaking at 715.8 million kilograms in 2019. The volume has remained relatively stable around 695-697 million kilograms from 2020 to 2022. As of 2023, it stands at this range.
- The year-on-year variations indicate significant volatility, with a sharp dip in 2015 (-10.65%) and 2016 (-11.92%), and subsequent periods of growth, notably in 2017 (9.09%) and 2018 (8.33%). The last two years (2021 and 2022) show a stable growth of 0.21% each year.
- Over the last five years (2018-2022), the Compound Annual Growth Rate (CAGR) has shown variable growth trends, averaging at 2.59% for the period, reflecting market recovery and stabilization.
Future trends to watch for include potential market expansion driven by innovations in product offerings, increasing consumer health consciousness, and the growing demand for plant-based dairy alternatives. Monitoring these factors could provide insights into sustained market growth or new disruption patterns.
How does the United Kingdom rank in Yoghurts Market Size Volume?
| # | 21 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,983,900,000 | 2023 | +2.3% | -0.45% | View data |
| 2 | 2 France | 1,844,800,000 | 2023 | -0.4% | -1.03% | View data |
| 3 | 3 United Kingdom | 698,630,000 | 2023 | +0.2% | +1% | |
| 4 | 4 Poland | 691,690,000 | 2023 | +0.77% | +0.43% | View data |
| 5 | 5 Italy | 520,610,000 | 2023 | -0.35% | -5.15% | View data |
