In 2023, household expenditure on yoghurt in the UK stood at 53.37 pence sterling per capita per week. Forecasted data from 2024 shows a consistent increase, with a year-on-year percentage increase of approximately 1.3% from 2024 to 2025, 1.2% from 2025 to 2026, and 1.2% from 2026 to 2027. The compound annual growth rate (CAGR) over the forecasted five years is about 1.2%. This steady growth suggests a stable, modestly increasing demand for yoghurt among UK households.
Future trends to monitor include:
- Potential shifts in consumer preferences towards plant-based yoghurt.
- Impact of economic conditions on discretionary spending.
- Innovations in yogurt formulations catering to health-conscious consumers.