The UK liquid milk production displayed a fluctuating trend from 2013 to 2023, peaking at 6.84 billion liters in 2014 and reaching a low of 6.01 billion liters in 2020. The production in 2023 was 6.23 billion liters. Recent years showed declining figures with year-on-year variations such as -0.47% in both 2022 and 2023. From 2019 to 2023, the CAGR was -1.37%, indicating a consistent downward trend. Forecasts from 2024 to 2028 suggest a gradual decline with a 5-year CAGR of -0.39%, projecting production to be 6.08 billion liters by 2028.
Future trends to watch for include potential impacts of regulatory changes, innovations in dairy farming, consumer shifts towards plant-based alternatives, and economic factors influencing production efficiency and market demand.
