Based on the forecasted data, the UK's yoghurts market is expected to grow steadily from 2024 to 2028. In 2023, the market size volume stood at 698.7 million kilograms. The year-on-year growth rates are modest, with an average Compound Annual Growth Rate (CAGR) of around 0.3% over the five-year period.
The data reveals the following year-on-year variations:
• 2024 versus 2023: 0.21% increase
• 2025 versus 2024: 0.22% increase
• 2026 versus 2025: 0.21% increase
• 2027 versus 2026: 0.21% increase
• 2028 versus 2027: 0.20% increase
Future trends to watch include potential shifts in consumer preferences towards plant-based alternatives, innovations in probiotic and functional yoghurts, and the impact of nutritional labeling regulations. Keeping an eye on these trends will be crucial for stakeholders in the yoghurt market.
