In the United Kingdom, the per capita consumption of butter and ghee in 2023 was estimated at 2.47 kilograms. Forecasted data from 2024 to 2028 indicates a gradual decline in per capita consumption, beginning at 2.44 kilograms in 2024 and decreasing to 2.32 kilograms by 2028. This trend suggests a year-on-year decrease of approximately 1.2% for 2024 and continuously subtle reductions every year thereafter, leading to an average compound annual growth rate (CAGR) of around -1.23% over the five-year span. This decline reflects shifts in consumer preferences, possibly towards alternatives to butter and ghee or broader dietary changes.
Future trends to watch for include:
- Potential health trends influencing consumer choices moving away from high-fat dairy products.
- Emergence of plant-based or alternative spreads that could impact traditional butter and ghee sales.
- Economic factors or demographic shifts possibly altering buying behaviors and consumption patterns sustainably over time.