In 2023, the Gross Value Added (GVA) per Full-Time Equivalent (FTE) employee in the UK dairy products sector stood at 60.84 thousand Euros. From 2024 to 2028, a consistent declining trend is forecasted, with GVA per employee decreasing annually. Year-on-year variations show a drop of around 2% to 3% each year: 2025 (-2.22%), 2026 (-2.22%), 2027 (-2.22%), and 2028 (-2.21%). Over five years, the Compound Annual Growth Rate (CAGR) reflects an average decrease of approximately 2.07% per year.
Future trends to watch for include potential impacts from technological advancements, shifts in consumer preferences towards plant-based products, and fluctuations in milk prices, which could significantly influence productivity and profitability in the dairy industry.
