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Plant-Based Dairy in the United Kingdom

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    Report

  • 21 Pages
  • August 2024
  • Region: United Kingdom
  • Euromonitor International
  • ID: 5739031
Despite a general slowdown in demand, plant-based dairy remains resilient compared to many other grocery categories, indicating sustained consumer interest even amid economic pressures. Private label continues to regain its share within plant-based dairy in addition to recording solid growth. This reflects a broader consumer tendency to trade down and reduce costs without eliminating plant-based options from their shopping baskets.

The Plant-based Dairy in United Kingdom report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Plant-based Cheese, Plant-based Milk, Plant-based Yoghurt.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Plant-based Dairy market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Slow growth hits mid-positioned plant-based milk players
  • Importance of health credentials amid rise of organic variants for health and eco- conscious consumers
  • Emergence of plant-based desserts in plant-based yoghurt
PROSPECTS AND OPPORTUNITIES
  • Expanding SKU variety driven by sustainability and premiumisation
  • Plant-based cheese set to see increasingly competitive landscape
  • Health and wellness trend to drive demand for better processing
CATEGORY DATA
  • Table 1 Sales of Plant-Based Dairy by Category: Value 2019-2024
  • Table 2 Sales of Plant-Based Dairy by Category: % Value Growth 2019-2024
  • Table 3 Sales of Other Plant-Based Milk by Type: % Value 2021-2024
  • Table 4 NBO Company Shares of Plant-Based Dairy: % Value 2020-2024
  • Table 5 LBN Brand Shares of Plant-Based Dairy: % Value 2021-2024
  • Table 6 Distribution of Plant-Based Dairy by Format: % Value 2019-2024
  • Table 7 Forecast Sales of Plant-Based Dairy by Category: Value 2024-2029
  • Table 8 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2024-2029
DAIRY PRODUCTS AND ALTERNATIVES IN THE UNITED KINGDOM
EXECUTIVE SUMMARY
  • Dairy products and alternatives in 2024: The big picture
  • Key trends in 2024
  • Competitive Landscape
  • Channel developments
  • What next for dairy products and alternatives?
MARKET DATA
  • Table 9 Sales of Dairy Products and Alternatives by Category: Value 2019-2024
  • Table 10 Sales of Dairy Products and Alternatives by Category: % Value Growth 2019-2024
  • Table 11 NBO Company Shares of Dairy Products and Alternatives: % Value 2020-2024
  • Table 12 LBN Brand Shares of Dairy Products and Alternatives: % Value 2021-2024
  • Table 13 Penetration of Private Label by Category: % Value 2019-2024
  • Table 14 Distribution of Dairy Products and Alternatives by Format: % Value 2019-2024
  • Table 15 Forecast Sales of Dairy Products and Alternatives by Category: Value 2024-2029
  • Table 16 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources