Forecast: Dairy Processing and Cheese Processing Wages and Salaries in the UK

As of 2023, wages and salaries in the UK's dairy and cheese processing sector are predicted to see a steady increase over the next five years, starting from €1.06 billion in 2024 and reaching €1.12 billion by 2028. This represents annual growth rates of approximately 1.89% from 2024 to 2025 and a subsequent slowing rise of 0.93% from 2025 to 2026, followed by an annual increase of about 1.83% from 2026 to 2027. The compound annual growth rate (CAGR) of approximately 1.49% reflects stable upward momentum over this period.

Future trends to watch for include:

  • Inflationary pressures possibly affecting real wage growth prospects.
  • Potential impacts from changes in trade agreements post-Brexit on the dairy sector.
  • Technological advancements and automation potentially altering the labour demand and wage structures.

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