Blog Information

• Posted By : Sam Walter
• Posted On : Oct 23, 2024
• Views : 12
• Category : General
• Description : The United Kingdom dairy alternatives market is experiencing steady growth driven by increasing health consciousness, growing environmental and ethical concerns, and continual technological advancements, the paradigm shift towards plant-based alternatives, and the rising demand for diverse, fortified, and premium dairy-free products.
• Location : United Kingdom

Overview

• 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.

  
  Get Free Sample Report: https://www.imarcgroup.com/united-kingdom-dairy-alternatives-market/requestsample

  
  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. 
  
  

  Speak to An Analyst: https://www.imarcgroup.com/request?type=report&id=24517&flag=C

  
  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.

  
  Contact Us:  

  
  IMARC Group 

  134 N 4th St. Brooklyn, NY 11249, USA 

  Email: sales@imarcgroup.com 

  Tel No:(D) +91 120 433 0800 

  United States: +1-631-791-1145