The Non-Processed Cheese Market in the UK has shown fluctuating growth over the past decade. From 2012 to 2022, the market size in Billion Euros increased from 3.1063 to 3.7594. The year-on-year variations indicate periods of both growth and decline, with notable increases in 2014 (17.04%) and 2019 (9.33%), and significant declines in 2015 (-5.59%) and 2016 (-7.31%). Recent years have seen more stability, with modest year-on-year growth of around 1.31% in 2021 and 1.27% in 2022. The Compound Annual Growth Rate (CAGR) over the past five years stands at a moderate 3.22%, indicating steady, albeit slow, growth.
Future trends to watch for include potential shifts towards premium and artisanal non-processed cheese products as consumer preferences continue to evolve. Increased health consciousness could drive demand for organic and locally sourced varieties. Additionally, market dynamics could be influenced by economic conditions, changes in trade policies, and innovations in production and packaging technologies.
How does the United Kingdom rank in Non-Processed Cheese Market Size Value?
# | 22 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 9,593,500,000 | 2023 | +6.85% | +6.4% | View data |
2 | 2 France | 9,013,700,000 | 2023 | +2.41% | +0.71% | View data |
3 | 3 United Kingdom | 3,805,600,000 | 2023 | +1.23% | +2.3% | |
4 | 4 Poland | 1,983,800,000 | 2023 | +3.09% | +3.22% | View data |
5 | 5 Sweden | 1,308,200,000 | 2023 | +1.77% | +2.82% | View data |