The Butter and Cheese Production industry has faced pressure from imports, rising input prices and the economic downturn over the past five years. Fortunately, the unerring popularity of Cheddar cheese, carefully delivered product innovation and industry consolidation have extended the industry's shelf life. The rich history of cheese production in the United Kingdom has proved hugely beneficial to the industry, since provenance has become very important to domestic consumers. Over the five years through 2014-15, industry revenue is estimated to grow at a compound annual rate of 1.7% to £3.5 billion, with a 1% decrease expected in 2014-15.
This industry includes establishments that manufacture butter, cheese and curd. It excludes the manufacture of non-dairy cheese substitutes. Fromage frais, although technically a type of cheese, is excluded from this industry (see IBISWorld report C10.513).
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.