Dairy Cattle Raising in the UK - Industry Research Report

Going sour: Disruptions from Russia's invasion of Ukraine are causing revenue to plummet

The dairy cattle farming industry's revenue has expanded at a projected compound annual rate of 1.1% over the five years through 2023-24. Dairy cattle farmers struggled before the pandemic as dairy processors were forced to lower prices paid for raw milk because of strong global competition. While smaller farmers have occasionally been forced out of the industry, there has been little consolidation activity, as collective bargaining has prevented larger farms from gaining a competitive edge. The pandemic did little favour for the industry as the volume of milk and dairy sold to hospitality and food processors fell, denting revenue.

Farmers in this industry raise and breed dairy cattle to produce and sell raw milk to processors and manufacturers. The processing of raw milk and cream is excluded from the industry.

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.