A sour taste: The rise of veganism and dairy-free milk products eats into milk processors' sales
Milk & Cream Production in the UK
Milk and cream producers benefitted from stable demand and growing export revenue prior to the COVID-19 pandemic. However, as consumers become more health conscious, traditional milk and cream products falling out of favour; many people are turning to non-dairy milk products, like oat milk and almond milk, taking sales away from the industry. At the same time, profit remains low as a result of pricing pressures from both ends of the supply chain.Companies in this industry produce fresh, pasteurised, sterilised, homogenised and ultra-heat-treated milk. They also produce cream from fresh, pasteurised, sterilised or homogenised milk.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
OPERATING CONDITIONS
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Muller UK & Ireland Group LLP
- Arla Foods Ltd
Methodology
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