The processed cheese market in the UK has shown a general decline in volume from 2012 to 2022, starting at 63.156 million kilograms in 2012 and decreasing to 57.036 million kilograms by 2022. Notable year-on-year variations include a significant drop of 6.43% in 2015 and a rebound of 5.28% in 2017. Despite these fluctuations, the compound annual growth rate (CAGR) over the last five years indicates a relatively stable market with a slight decreasing trend. The most recent data suggest that the market remained stable to slightly declining in the years leading up to 2023.
Future trends to watch for include potential shifts towards healthier and more organic alternatives, which could impact the demand for processed cheese. Additionally, innovations in flavor and packaging might attract new customers, while economic conditions and changing consumer preferences will continue to play critical roles in market dynamics.
How does the United Kingdom rank in Processed Cheese Market Size Volume?
| # | 16 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 121,070,000 | 2023 | -0.45% | +0.82% | View data |
| 2 | 2 France | 115,680,000 | 2023 | +0.7% | +0.78% | View data |
| 3 | 3 Italy | 71,985,000 | 2023 | -0.92% | -1.41% | View data |
| 4 | 4 United Kingdom | 56,829,000 | 2023 | -0.36% | -0.49% | |
| 5 | 5 Poland | 27,737,000 | 2023 | -4.64% | -4.03% | View data |
| 6 | 6 Romania | 17,734,000 | 2023 | +0.89% | +3.01% | View data |
