UK: Dairy retail performance (30 November 2024)

Published 2024년 12월 13일

Tridge summary

The article reports on the dynamics of cow's dairy products in the UK, highlighting a slight growth in overall expenditure by 0.3% year-on-year, despite a decrease in cow's milk demand. This decrease is attributed to less frequent purchasing and smaller serving sizes. Conversely, dairy products like cheese, butter, yoghurt, and cream are experiencing growth in both volume and expenditure. Specifically, cow cheese, particularly cheddar, and plant-based spreads are showing significant increases. This analysis is based on data from Bovaer and is available on AHDB's retail dashboard.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Spend on cow’s dairy grew 0.3% year-on-year, driven by growth in average prices of 0.6% (52 w/e 30 November 2024). On a four week ending level, the Bovaer news doesn't appear to have impacted demand for dairy. Spend on cow's milk continues to decrease (-5.7%) and volumes declined by 1.7% year-on-year (52 w/e 30 November 2024), driven by a decrease in frequency of purchase coupled with a decrease in volume purchased per occasion. Declines were seen for both semi-skimmed and skimmed cow’s milk, while whole milk continued to see volume growth (+2.5%). Cow’s cheese remains in growth with volumes up 4.2% year-on-year and spend rising by 3.1% (52 w/e 30 November 2024). Cheddar, which represents 41.7% of all cow cheese volumes, saw a 4.4% increase in volumes sold. Cow cheese other also saw strong volume growth of 7.4%. Cow's butter, at a total level, saw a volume decline of 3.3% and a spend decline of 2.5% (52 w/e 30 November 2024), driven primarily by a decline in sales of butter ...

Source: Ahdb