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Milk & Cream Production in the UK - Industry Market Research Report

Cream production market in the United Kingdom to grow 2.7% CAGR between 2014-19


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2014-01-23 01:34:02 - Milk & Cream Production in the UK - Industry Market Research Report - a new market research report on companiesandmarkets.com

Firms in the Milk and Cream Production industry have come up against difficult conditions during the past five years. Highly volatile dairy prices, depressed demand conditions and heavy discounting of milk prices by supermarkets have squeezed industry revenue and profitability. The industry has also been affected by changing consumer preferences as consumers turned away from full-fat milk in favour of low-fat and skimmed milk.

The troubled outlook for the industry has also resulted in consolidation, evidenced by Arla Foods´ acquisition of Milk Link and Robert Wiseman´s acquisition by German firm Muller in 2012. Milk and cream processors face another tough year in 2013-14, with revenue estimated to grow by 2.0%.

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