The forecast for the sold production of whole milk powder, with fat content exceeding 1.5%, in pack sizes over 2.5 kg in the UK shows a declining trend from 2024 to 2028. Specifically, the value declines from 103.45 million euros in 2024 to 91.464 million euros in 2028. Compared to 2023 production figures, this represents a year-on-year decrease: 3% in 2025, 3.01% in 2026, 3.04% in 2027, and 3.08% in 2028, with a compound annual growth rate (CAGR) indicating an average yearly decline, reflecting changes in market demand or supply dynamics.
Future trends to watch for include:
- Potential shifts in consumer preferences towards plant-based alternatives
- Impacts of trade policies or tariffs that could affect UK exports and imports
- Technological advancements in dairy production that may improve efficiency
