Forecast: Dairy Processing and Cheese Processing Labour Cost Per Employee FTE in the UK

As of 2023, the labour cost per employee FTE in the UK dairy and cheese processing sector stood at 49.8 thousand euros. From 2024 to 2028, forecasts show a steady increase, with an annual year-on-year growth ranging from 1.2% to 1.3%. Over the five-year span, the compound annual growth rate (CAGR) is approximately 1.3%, reflecting a stable upward trend in labour costs.

Future trends to watch for include:

  • Potential impacts of automation and technology adoption on labour costs.
  • Changes in labour regulations or wage policies within the UK and EU.
  • Inflationary pressures and supply chain dynamics affecting raw materials and overheads.
  • Brexit implications on the labour and trade dynamics in the sector.

Top Countries about Dairy Processing