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UK Dairy Sector Shows Growth Potential

15 December 2014

UK - Prospects for the EU dairy industry are favourable according to the recent European Commission medium term outlook report.

However, the report also suggests that cost-competitiveness is likely to be key in influencing which regions see the most growth.

Global consumption is expected to increase as a result of growing middle class urban populations, leading to increasing global imports over the next decade.

The report anticipates that those regions best placed to compete in this expanding market will be those which have invested in processing capacity and with lower production costs.

Regions identified as having increased production significantly over the last decade include Germany, France, Poland, the Netherlands, the UK, Ireland and Denmark.

What is interesting is that while growth in these regions is expected to continue, the rate of growth over the next ten years will slow down in Germany, France, Poland and the Netherlands while it will accelerate in the UK, Ireland and Denmark.

 

TheMeatSite News Desk



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