Dairy Cattle Raising in the UK - Market Research Report (2014-2029)

The Dairy Cattle Raising industry's revenue is projected to contract at a compound annual rate of 0.2% over the five years through 2024-25. 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 small favour for the industry as the volume of milk and dairy sold to hospitality and food processors fell, denting revenue.