Whole milk production in the UK has shown variability from 2013 to 2023, standing at 1.29 million metric tons in 2023. Over the past two years, production decreased by 2.42% in 2022 and 2.43% in 2023. Analyzing the last five years, the Compound Annual Growth Rate (CAGR) was -2.85%, indicating a gradual decline in production volume.
Forecasts for 2024 to 2028 suggest a continuing downward trend. The production is expected to decrease from 1.25 million metric tons in 2024 to 1.12 million metric tons in 2028. The forecasted 5-year CAGR is -2.21%, resulting in an overall forecasted decline of 10.58% by 2028.
Future trends to watch for include potential changes in consumer demand, shifts toward plant-based alternatives, and environmental regulations that could further influence the production levels of whole milk in the UK.
