In 2023, milk gross production in the UK stood at 4.85 billion US Dollars PPP. Forecasts for 2024-2028 show a steady growth from 4.86 to 4.94 billion. The year-on-year growth rates indicate minimal increases: approximately 0.4% annually from 2024 to 2028.
Key future trends to watch for include potential impacts of climate change on dairy farming, shifts toward plant-based alternatives affecting demand, and the influence of post-Brexit trade policies on import/export dynamics within the dairy industry.
