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Dairy Cattle Raising in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Dairy Cattle Raising Market Research Report | SIC A01.410 | Jan 2017

Cream of the crop: An anticipated increase in milk prices should support revenue expansion

IBISWorld’s Dairy Cattle Raising market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£4bn
Annual Growth 12-17
0.5%
Annual Growth 17-22
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Profit
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Employment
37,734
Businesses
10,477
Industry Analysis & Industry Trends

Farmers in the Dairy Cattle Raising industry raise and breed dairy cattle to produce and sell raw milk. Over half the milk produced in the United Kingdom is sold as liquid milk, with the majority of the remaining milk used for products such as cheese and yoghurt. The Dairy Cattle Raising industry has endured a challenging past five years. Volatile dairy prices, increasing production costs and growing pressure from supermarkets and dairy processors have weighed on industry performance. The industry is highly dependant on the domestic price of milk, which increased significantly in 2013-14, leading to higher margins for operators. However, the domestic price of milk has fallen consistently since. A... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Dairy Cattle Raising industry is in the decline stage of its life cycle. Industry value added, which measures the industry's contribution to the overall economy, is forecast to decrease at a compound annual rate of 1.8% over the 10 years through 2021-22. Over the same period, the UK economy is expected to grow at a compound annual rate of 2.3%. This suggests that the industry's contribution to the overall economy is expected to decline.

The industry is consolidating, with a number of smaller operators joining producer organisations, as small inefficient farmers are forced out and average farms and herds expand in an effort to become more efficient and offset weak milk prices. Both establishments and enterprises are projected to have fallen over the past five years. Thi.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Dairy Cattle Raising Industry?

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.

Industry Products
Dairy cattle salesMilk for processingMilk for liquid consumption
 
Industry Activities
Producing raw milkRaising dairy cattle


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