United Kingdom Dairy Alternatives Market Share, Revenue, Demand, Challenges, Growth Strategy, Opportunities and Future Competition Till 2033

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United Kingdom Dairy Alternatives Market Share, Revenue, Demand, Challenges, Growth Strategy, Opportunities and Future Competition Till 2033: SPER Market Research


 Category : Food & Beverages

 Published: Dec-2023
 Author: SPER Analyst


United Kingdom Dairy Alternatives Market is projected to be worth USD 7.88 billion by 2033 and is anticipated to surge at a CAGR of 17.89%.

Dairy substitutes are non-dairy products designed to take the place of traditional dairy products, giving those who cannot or do not want to consume dairy products originating from animals’ other options. Plant-based alternatives like soy, almond, oat, coconut, and rice have been transformed into milk, cheese, yoghurt, and other dairy-like products. Increased demand for these alternatives is being driven by lactose intolerance, ethical concerns about animal suffering, and a greater understanding of environmental sustainability. As health and lifestyle concerns increase, this change reflects a broader cultural movement towards more inclusive and ecological eating options.

United Kingdom Dairy Alternatives Market Driving Factors and Challenges
The increasing prevalence of lactose intolerance and milk allergy is expected to have a substantial impact on the dairy substitute industry. Lactose intolerance is a common inherited disease. Lactose-intolerant people choose lactose-free, plant-based alternatives to calcium and vitamin supplements. Growing consumer health concerns, as well as rising disposable income, will drive demand for dairy replacements in both established and new economies. Rising consumer awareness of the importance of a healthy diet, as well as rising demand for goods with lower cholesterol and fat content, will open up new opportunities for market rivals.

Dairy substitutes face several obstacles in the market despite their rising popularity. Customers regularly compare plant-based alternatives to the sensory experience of traditional dairy products, making taste and texture duplication a major issue. Achieving a flavour and mouthfeel that is similar to dairy can be challenging and requires continual innovation. Furthermore, the perception of dairy alternatives as more expensive than traditional dairy products is a financial barrier for some customers. Distribution and availability might also be difficult because not all regions or retailers offer a diverse range of dairy substitutes. Another impediment is the risk of cross-contamination in manufacturing facilities, which limits options for persons with severe allergies.


Impact of COVID-19 on United Kingdom Dairy Alternatives Market 
As indicated by changes in consumer behaviour and market dynamics, the COVID-19 pandemic has had a long-term impact on the global dairy alternatives market. Customers' choices for dairy alternatives have shifted as a result of supply chain disruptions, lockdowns, and heightened health concerns. As people grow more health-conscious and seek goods that are thought to improve their immune systems, the epidemic has accelerated the spread of plant-based diets. Furthermore, as individuals spent more time at home, experimenting with cooking and seeking comfort meals, the availability of dairy substitutes increased. The economic instability caused by the epidemic has also altered shopping preferences, with some people opting for more cost-effective and environmentally friendly plant-based solutions.

United Kingdom Dairy Alternatives Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Arla Foods, Blue Diamond Growers, Britvic PLC, Coconut Collaborative Ltd, Danone SA, Oatley Group AB, Plamil Foods Ltd, The Hain Celestial Group Inc, Up field Holdings BV, Vbites Foods Ltd..


By Category: Based on the Category, United Kingdom Dairy Alternatives Market is segmented as; Non-Dairy Butter, Non-Dairy Cheese, Non-Dairy Ice Cream, Non-Dairy Milk (Almond Milk, Cashew Milk, Coconut Milk, Hazelnut Milk, Hemp Milk, Oat Milk, Soy Milk), Non-Dairy Yogurt.

By Distribution Channel: Based on the Distribution Channel, United Kingdom Dairy Alternatives Market is segmented as; Off-Trade (Convenience Stores, Online Retail, Specialist Retailers, Supermarkets and Hypermarkets, Others (Warehouse clubs, gas stations, etc.), On-Trade. 

By Region: This research also includes data for London, South East England, Major Urban Centres, Manchester, Edinburgh and rest of United Kingdom.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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