The UK's fermented milk products market has shown consistent growth from 2013 to 2023, with a value of €10.36 per capita in 2023. The latest data indicates a 1.97% increase from 2022 to 2023, while the average annual growth rate (CAGR) from 2019 to 2023 is 2.32%. Over the decade, the market has expanded significantly, nearly doubling in size since 2013.
Looking ahead, several future trends could shape this market:
- Increasing consumer demand for probiotics and gut health products.
- A growing interest in plant-based alternatives and sustainable production methods.
- The potential impact of post-Brexit trade agreements on market dynamics and pricing.
How does the United Kingdom rank in Fermented Milk Products Market Size Value Per Capita?
# | 18 Countries | Euros Per Capita | Last Year | |||
---|---|---|---|---|---|---|
1 | 1 Lithuania | 41.31 | 2023 | View data | ||
2 | 2 Latvia | 38.32 | 2023 | View data | ||
3 | 3 Estonia | 38.09 | 2023 | View data | ||
4 | 4 Croatia | 36.8 | 2023 | View data | ||
5 | 5 Bulgaria | 33.3 | 2023 | View data | ||
15 | 15 Poland | 12.25 | 2023 | View data | ||
16 | 16 Slovakia | 11.96 | 2023 | View data | ||
17 | 17 United Kingdom | 10.36 | 2023 | |||
18 | 18 Italy | 5.13 | 2023 | View data |