The UK's forecast for dairy products and cheese production shows a steady upward trend from 2024, with an average compound annual growth rate (CAGR) of approximately 1.02% over the 2024-2028 period. Expected production values rise from 9.8099 billion kilograms in 2024 to 10.218 billion kilograms in 2028.
In 2023, the production stood at approximately 9.71 billion kilograms, indicating a positive year-on-year growth compared to 2024. This suggests continued demand and expansion within the sector.
Future trends to monitor include:
- Impact of Brexit regulations on dairy exports and imports.
- Sustainability initiatives affecting production practices.
- Potential shifts in consumer preferences towards plant-based alternatives.