Plant-based dairy is marginally benefiting from the severe pressures that are impacting the local dairy industry. As Brexit continues to hinder stability and the ongoing war in Ukraine impacts supply chains, high production costs of dairy farming have helped to reduce the price gap with plant-based alternatives. Indeed, while the average unit price of cow’s milk price grew by double digits in 2022 and by 9% in 2023, plant-based milk recorded 5% and 6% growth, respectively. As a result, premium c...
Euromonitor International's 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 2018-2022, 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 in <|Year|> directly informs our forecasts to 2027, clearly indicating how the market is expected to change.
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
Plant-Based Dairy in the United Kingdom
Euromonitor International
September 2023
List Of Contents And Tables
PLANT-BASED DAIRY IN THE UNITED KINGDOM
KEY DATA FINDINGS
2023 DEVELOPMENTS
Plant-based dairy benefits from price gap reduction as milk prices soar
Plant-based launches fill UK retailers’ shelves, boosting potential for growth
Variety and availability expand to cater for more alternative consumption occasions