Medium Soft Cheese production in the UK has shown a steady upward trend from 2013 to 2023. In recent years, the production volume reached 75.73 thousand metric tons in 2023. Over the past two years, the year-on-year variations show an increasing trend, with a 1.96% rise in 2022 followed by a 1.87% increase in 2023. Looking at the five-year period ending in 2023, the average annual growth rate (CAGR) is 2.03%, signalling a consistent growth trajectory.
Future projections anticipate continued growth, with production expected to reach 83.02 thousand metric tons by 2028. The forecasted average annual growth rate over the next five years is 1.45%, indicating a slightly slower but still positive momentum. Notably, the overall growth rate over this period is projected to be 7.45%.
Trends to watch for in the future include potential impacts of economic fluctuations, consumer preferences shifting towards healthier or alternative cheese options, and the influence of new production technologies. Additionally, trade policies and Brexit-related adjustments could play a significant role in shaping the medium soft cheese market in the UK.