The UK dairy products market has shown fluctuations over the past decade. From 2012 to 2015, there was an upward trend, peaking at 264.03 € per capita in 2015. This was followed by a significant dip in 2016, with partial recovery observed by 2019. The period between 2020 and 2022 saw stable values around 227 €, indicating a stabilization phase. Year-on-year changes for the last two years (2021-2022) were minimal, suggesting market saturation. The 5-year CAGR suggests modest growth, reflecting a recovering yet cautious market approach.
As of 2023, the market stood relatively stable, experiencing steady consumer demand. Looking forward, potential trends include increases in plant-based dairy alternatives affecting traditional dairy consumption and increased consumer focus on sustainability and health, impacting market dynamics.
How does the United Kingdom rank in Dairy Products Market Size Value Per Capita?
| # | 19 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 433.47 | 2023 | View data | ||
| 2 | 2 France | 398.35 | 2023 | View data | ||
| 3 | 3 Italy | 395.54 | 2023 | View data | ||
| 4 | 4 Lithuania | 372.35 | 2023 | View data | ||
| 5 | 5 Austria | 273.47 | 2023 | View data | ||
| 8 | 8 Croatia | 268.25 | 2023 | View data | ||
| 9 | 9 Greece | 261.06 | 2023 | View data | ||
| 10 | 10 United Kingdom | 227.41 | 2023 | |||
| 11 | 11 Poland | 227.31 | 2023 | View data | ||
| 12 | 12 Portugal | 221.04 | 2023 | View data | ||