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United Kingdom Dairy Alternatives Market Report by Product Type (Cheese, Creamers, Yogurt, Ice Creams, Milk, and Others), Source (Almond, Soy, Oats, Hemp, Coconut, Rice, and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Stores, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A24517
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United Kingdom Dairy Alternatives Market Overview:
The United Kingdom dairy alternatives market size reached US$ 1.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.3 Billion by 2032, exhibiting a growth rate (CAGR) of 13.70% during 2024-2032. The 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.
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Report Attribute
|
Key Statistics
|
|---|---|
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Base Year
|
2023 |
|
Forecast Years
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2024-2032 |
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Historical Years
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2018-2023
|
| Market Size in 2023 | US$ 1.0 Billion |
| Market Forecast in 2032 | US$ 3.3 Billion |
| Market Growth Rate (2024-2032) | 13.70% |
United Kingdom Dairy Alternatives Market Trends:
Increasing Health Consciousness and Dietary Restrictions
The growing consciousness among individuals about the health hazards caused by the consumption of dairy products, such as lactose intolerance, allergies, and high cholesterol is a major factor that is contributing to the growth of the market. Consumers are shifting to plant-based and non-dairy substitutes. In addition to this, the growing vegan and vegetarian movements, driven by health, ethical, and environmental concerns, are also positively influencing the demand for dairy-free products. Apart from this, the trend is also supported by the growing interest in functional foods that deliver health benefits apart from simple, basic nutrition. Dairy alternatives are considered to be low in calories and saturated fats, thus appealing to health-conscious consumers who strive for a balanced diet and prevention against lifestyle diseases. Soy, almond, oat, and coconut milk, yogurts, and cheeses are among the top choices, as they are perceived as healthier alternatives to traditional dairy products. Furthermore, these products are often fortified with essential vitamins and minerals, aligning with the health-conscious preferences of consumers.
Rising Environmental and Ethical Concerns
The market is driven by growing environmental and ethical concerns, as consumers become more aware of the significant environmental impacts of dairy farming, including greenhouse gas emissions, deforestation, high water consumption, and pollution. Another key factor influencing the market is ethical issues raised regarding animal welfare in connection with the dairy industry, leading consumers to opt for cruelty-free alternatives. Increasing awareness of the living conditions of dairy animals and the ethical implications of their rearing is driving a shift towards plant-based alternatives. This conscious consumer group responds to sustainable sourcing and production techniques that address environmentally friendly and non-cruelty themes. As a result, companies are inventing sustainable and delicious food products that reflect consumer values in sustainability and ethical consumption.
Technological Advancements and Product Innovation
New processing techniques, advanced formulations, and innovative ingredients are improving the quality and variety of dairy-free products, which is acting as a significant factor for the growth of the market. Food science innovations are leading to the development of plant-based products that duplicate the flavor, texture, and nutritional profile of traditional dairy products. Additionally, improvements in fermentation and enzyme technology are enhancing the flavor and texture of plant-based cheeses and yogurts, thereby increasing their appeal. Also, fortification with calcium, vitamin D, and B12 is ensuring these products meet the dietary needs of consumers, further supporting the dairy alternatives market. Besides this, the development of artisanal and gourmet dairy-free products, including specialty cheeses and premium ice creams is also supporting the market. Additionally, significant investments in research and development (R&D) activities by established firms and new entrants are driving innovation, with a constant flow of new and improved products.
United Kingdom Dairy Alternatives Market News:
- November 06, 2023: Else Nutrition Holdings Inc. launched its highly acclaimed plant-based complete nutrition toddler drink in the United Kingdom. The product, which offers a sustainable and health-conscious alternative, is now available through key UK distributors and will soon be listed online on Amazon UK. This expansion aligns with the rising demand for plant-based nutrition and reflects Else’s strategic push into the multi-billion-dollar European baby food sector.
- June 12, 2023: Arla Foods revealed its plans to launch a plant-based variant of its Lurpak butter brand. The European dairy cooperative aims to offer a dairy-free alternative to its traditional Lurpak butter while maintaining its commitment to providing nutritious and tasty options. The company is preparing to introduce this product in the UK and Denmark as early as the beginning of 2024.
United Kingdom Dairy Alternatives Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type, source, and distribution channel.
Product Type Insights:
- Cheese
- Creamers
- Yogurt
- Ice Creams
- Milk
- Others
The report has provided a detailed breakup and analysis of the market based on the product type. This includes cheese, creamers, yogurt, ice creams, milk, and others.
Source Insights:
- Almond
- Soy
- Oats
- Hemp
- Coconut
- Rice
- Others
A detailed breakup and analysis of the market based on the source have also been provided in the report. This includes almond, soy, oats, hemp, coconut, rice, and others.
Distribution Channel Insights:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes supermarkets and hypermarkets, convenience stores, online stores, and others.
Regional Insights:
- London
- South East
- North West
- East of England
- South West
- Scotland
- West Midlands
- Yorkshire and The Humber
- East Midlands
- Others
The report has also provided a comprehensive analysis of all the major regional markets, which include London, South East, North West, East of England, South West, Scotland, West Midlands, Yorkshire and The Humber, East Midlands, and others.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
United Kingdom Dairy Alternatives Market Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
| Product Types Covered | Cheese, Creamers, Yogurt, Ice Creams, Milk, Others |
| Sources Covered | Almond, Soy, Oats, Hemp, Coconut, Rice, Others |
| Distribution Channels Covered | Supermarkets and Hypermarkets, Convenience Stores, Online Stores, Others |
| Regions Covered | London, South East, North West, East of England, South West, Scotland, West Midlands, Yorkshire and The Humber, East Midlands, Others |
| Customization Scope | 10% Free Customization |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United Kingdom dairy alternatives market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United Kingdom dairy alternatives market?
- What is the breakup of the United Kingdom dairy alternatives market on the basis of product type?
- What is the breakup of the United Kingdom dairy alternatives market on the basis of source?
- What is the breakup of the United Kingdom dairy alternatives market on the basis of distribution channel?
- What are the various stages in the value chain of the United Kingdom dairy alternatives market?
- What are the key driving factors and challenges in the United Kingdom dairy alternatives?
- What is the structure of the United Kingdom dairy alternatives market and who are the key players?
- What is the degree of competition in the United Kingdom dairy alternatives market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United Kingdom dairy alternatives market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the United Kingdom dairy alternatives market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United Kingdom dairy alternatives industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.
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