United Kingdom (UK) Meat Substitutes Market Size and Trend Analysis by Categories and Segment, Distribution Channel, Packaging Formats, Market Share, Demographics and Forecast, 2021-2026

United Kingdom (UK) Meat Substitutes Market Size and Trend Analysis by Categories and Segment, Distribution Channel, Packaging Formats, Market Share, Demographics and Forecast, 2021-2026

Summary

GlobalData’s Country Profile report on the meat substitute sector in the UK provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares.

The UK meat substitute sector was led by the single cell protein(Fungi/Algae) category in value terms in 2021 followed by grain based category. Also, the soy based category is forecast to register the fastest value growth during 2021-2026. Hypermarkets & supermarkets was the leading channel for distribution of meat substitute in the country. Monde Nissin corporation , VBites Foods Limited, and TOPAS GmbH are the leading companies in the country.

Scope

• Per capita consumption of meat substitute was higher in the UK than in both the global and regional levels in 2021
• The per capita consumption of single cell protein (Fungi/Algae) substitute was higher than other grain-based meat substitute category in the UK in 2021
• Hypermarkets & supermarkets is the leading distribution channel in the UK meat substitute sector
• Private labels are growing at a lower CAGR than brands in the UK meat substitute sector

• Identify high potential categories and explore further market opportunities based on detailed value analysis
• Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
• Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
• Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
• The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
• Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.