United Kingdom Dairy Alternatives Market Size & Share Analysis, Growth and Report 2024-2032

United Kingdom Dairy Alternatives Market Forecast

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Size in 2023: USD 1.0 Billion

Market Forecast in 2032: USD 3.3 Billion

Market Growth Rate: 13.70% (2024-2032)

The United Kingdom dairy alternatives market size reached USD 1.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 3.3 Billion by 2032, exhibiting a growth rate (CAGR) of 13.70% during 2024-2032.

United Kingdom Dairy Alternatives Market Trends:

The market in the United Kingdom is mainly fuelled by increased consumer awareness with regard to both cholesterol reduction and improved digestion associated with plant-based diet. In line with this, the increasing number of lactose intolerants and dairy allergies in the UK population is itself driving an increase in the use of plant-based alternatives. In addition, rising environmental pressures, such as the push for carbon footprint mitigation through conventional dairy farming, are driving market expansion. Also, the explosion of veganism and flexitarian diets, fueled by ethical concerns toward animal welfare, is accelerating the market growth.

In addition, continuous technical improvement in the manufacture of dairy substitute products, in terms of taste, texture, and nutrient content, is also increasing consumer interest in the products. Also, the increasing accessibility of dairy alternatives in the conventional supermarkets and retail stores because of increased accessibility of these dairy alternative products to a large audience of consumers in the market.

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United Kingdom Dairy Alternatives Market Scope and Growth Analysis:

The market scope provides a clear upward market trajectory, fuelled by the continuing trend of clean-label products, where consumers desire unprocessed, additive-free products. The market scope is set to be shaped by the new trend of living more healthy and eco-friendly lifestyles, while consumers more and more prefer plant-based products as an alternative to the traditional dairy products.

As per market research, the increasing emphasis in innovation, especially in the production of enhanced and functional plant-based products addressing consumers' specific nutritional needs is continuing to expand market frontiers. With vegan and flexitarian diets, however, the need for dairy substitutes is expected to increase on all consumer levels. On top of this, the growing number of foodservice establishments and restaurants providing dairy-free products is contributing to market expansion. The emergence of e-commerce and internet shopping services is improving accessibility and consumer access to a wider variety of goods.

United Kingdom Dairy Alternatives Industry and Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest United Kingdom dairy alternatives market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.

Product Type Insights:

• Cheese
• Creamers
• Yogurt
• Ice Creams
• Milk
• Others

Source Insights:

• Almond
• Soy
• Oats
• Hemp
• Coconut
• Rice
• Others

Distribution Channel Insights:

• Supermarkets and Hypermarkets
• Convenience Stores
• Online Stores
• Others

Regional Insights: 

• London
• South East
• North West
• East of England
• South West
• Scotland
• West Midlands
• Yorkshire and The Humber
• East Midlands
• Others 

Competitor Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. 

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Other key areas covered in the report:

• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Market Dynamics
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
• Top Winning Strategies
• Recent Industry News
• Key Technological Trends & Development

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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