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 United Kingdom market is primarily driven by the growing consumer awareness about the health benefits of plant-based diets, particularly in reducing cholesterol and improving digestion. In line with this, the rising prevalence of lactose intolerance and dairy allergies among the UK population is also leading to the increased consumption of plant-based substitutes. Furthermore, increasing environmental concerns, including the desire to reduce the carbon footprint associated with traditional dairy farming, are propelling the market growth.

Similarly, the rapid expansion of veganism and flexitarian diets, driven by ethical considerations regarding animal welfare, is further fueling market expansion. Moreover, continual technological advancements in the production of dairy alternatives, resulting in improved taste, texture, and nutritional value, are enhancing product appeal. Additionally, the growing availability of dairy-free products in mainstream supermarkets and retail channels making these alternatives more accessible to a wider audience in the market.

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United Kingdom Dairy Alternatives Market Scope and Growth Analysis:

The scope of the market indicates a strong upward trend, driven by the ongoing shift towards clean-label products, with consumers seeking minimally processed, additive-free options. The market scope is expected to benefit from the emerging trend of healthier and more sustainable lifestyles, as consumers increasingly opt for plant-based options over traditional dairy products. According to market analysis, the growing focus on innovation, particularly in developing fortified and functional plant-based products that cater to specific dietary needs, is further fueling the expansion of the market scope.

As vegan and flexitarian diets continue to gain traction, the demand for dairy alternatives is projected to grow across diverse consumer segments. In addition to this, the increasing number of foodservice outlets and restaurants offering dairy-free alternatives is supporting market penetration. The rise of e-commerce and online retail platforms is also enhancing accessibility, allowing consumers to explore a broader range of products.

United Kingdom Dairy Alternatives Market Research 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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