Dairy Products and Alternatives

Following a significant increase in unit prices in 2023, driven by soaring farmgate milk prices and high input costs such as energy and animal feed, the average unit price of yoghurt and sour milk products in the UK continues to rise in 2024, albeit…

Despite a general slowdown in demand, plant-based dairy remains resilient compared to many other grocery categories, indicating sustained consumer interest even amid economic pressures. Private label continues to regain its share within plant-based…

A noteworthy trend for other dairy in the UK is the resilient demand for indulgent chilled dairy desserts, despite rising milk prices and broader concerns around ultra-processed foods (UPFs), sugar content, and obesity. This demand for indulgence is…

The coronavirus (COVID-19) pandemic has triggered the most severe global recession since World War II. In Q4 2020, the end of the pandemic started as countries began administering effective vaccines among the population; however, vaccine distribution…

The coronavirus (COVID-19) pandemic has triggered the most severe global recession in nearly a century. Businesses are operating in a world of anxieties and uncertainties, not knowing what will be the new normal or when output and consumer spending…

The global outlook has improved as of Q1 2021, thanks to vaccination progress in many developed countries. Nevertheless, the recovery prospects remain distant for most economies in the face of the spread of new, more infectious variants of the virus.…

This report examines inflation levels and drivers globally and in key countries in Q4 2023 and 2024. Global inflation is moderating, although divergence remains among the key economies. Higher volatility in the energy markets and disruption of…

This report examines inflation levels and drivers globally and in key countries. Global inflation is reaching a peak, although geopolitical risks and uncertainty in the energy market remain key risks. The impact varies between countries, with…

This report examines inflation levels and drivers globally and in key countries. Global inflation is reaching a peak, although geopolitical risks and uncertainty in the energy market remain key risks. The impact varies between countries, with…

This report examines inflation levels and drivers globally and in key countries. In 2023, global inflation is expected to ease from its peak in 2022, but remaining significantly above-trend. Geopolitical risks and uncertainty in the energy market are…

Dairy in the UK has witnessed significant price fluctuations, with inflation showing a substantial rise in 2022 and 2023, and full fat fresh milk following a similar trend. These price hikes have had an impact on both consumer purchasing patterns and…

The lingering effects of the cost-of-living crisis and ongoing global supply chain issues continue to impact dairy products and alternatives in the UK in 2024. Positive unit price growth is evident across dairy categories, particularly in drinking…

In the upcoming years, consumers and businesses face an array of challenges, with income inequality, mass migration and rising uncertainty about another crisis being among the major ones. Nevertheless, within this lie untapped opportunities. This…

The briefing introduces the Cities Households Necessities Spending Index. The index ranks 1,075 cities by household expenditure on non-discretionary items, namely food, housing, and clothing and footwear. This analysis focuses on 160 major cities.…

Following a challenging 2023, marked by a further strong decline in retail volumes due to substantial unit price growth, cheese in the UK is showing tentative signs of improvement in 2024. The significant price increases, driven by production costs…

The slowdown in inflation, following peak levels experienced in 2022, is providing some relief to local consumers, yet butter and spreads in the UK remains characterised by value-driven consumption amid ongoing retail volume declines. As consumers…

Retail volumes of baby food in the UK continue to be significantly impacted by persistent inflation. Demand in 2022 witnessed some recovery from pandemic-induced disruptions, with noticeable retail volume growth in milk formula. However, inflation…