2014-03-07 03:45:03 - Milk in the United Kingdom - a new market research report on companiesandmarkets.com
The UK milk market had total revenues of $5.2bn in 2012, representing a compound annual rate of change (CARC) of -0.7% between 2008 and 2012.
The short term outlook for the UK dairy market remains uncertain. If global supply and demand rebalances quickly and stocks in key exporting countries are removed from the market place, with demand re-gathering pace, wholesale prices could rise quickly as milk production falls. This could instigate a market recovery. However, if demand remains sluggish, stocks will not be cleared and wholesale prices could face continued downward pressure.
The performance of the market is forecast to accelerate, with an anticipated CAGR of 2.0% for the five-year period 2012 - 2017, which is expected to drive the market to
a value of $5.7bn by the end of 2017.
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