The UK market for milk and cream with a fat content between 6% and 21% in large packings (exceeding 2 liters) was valued at 65.8 million euros in 2023. The forecasted values from 2024 to 2028 indicate a steady upward trend, with a Compound Annual Growth Rate (CAGR) of approximately 2.7%. Year-on-year growth is projected to be around 2.9% from 2024 to 2025 and consistently around this rate in subsequent years.
Future trends to watch for:
- Changes in consumer preferences towards more health-conscious or premium products.
- Regulatory shifts affecting dairy production and packaging.
- Potential impact of fluctuating raw material costs and global trade policies on production economics.