The Cheese and Curd market in the UK has experienced fluctuating volumes over the past decade. From 2012 to 2022, the market size in terms of volume has seen significant variations, from a low of 824.35 in 2013 to a high of 1140.4 million kilograms in 2022. Although there were years of decline, particularly in 2013, 2015, 2016, and 2019, the overall trend has been upward, particularly from 2017 onwards with volumes consistently above the 1100 million kilograms mark starting in 2017.
The year-on-year variations highlight periods of substantial growth, such as in 2017 with a 29.82% increase. However, there are also periods of slight decline, for example, a decrease of 2.57% in 2019. The average annual growth (CAGR) over the past five years was 0.46%, indicating steady growth.
Future trends to watch for include potential impacts from changes in consumer preferences toward plant-based diets, which could influence cheese and curd consumption, as well as possible economic shifts that could affect purchasing power and market demand. Additionally, innovation in cheese production and new product introductions could drive further growth in this segment.
How does the United Kingdom rank in Cheese and Curd Market Size Volume?
| # | 21 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,495,900,000 | 2023 | +0.018% | +0.85% | View data |
| 2 | 2 United Kingdom | 1,159,400,000 | 2023 | +1.66% | +1.11% | |
| 3 | 3 Poland | 817,930,000 | 2023 | +0.97% | +1.8% | View data |
| 4 | 4 Germany | 749,810,000 | 2023 | +1.1% | +1.05% | View data |
| 5 | 5 Greece | 252,150,000 | 2023 | +2.14% | +0.38% | View data |