UK Plant-Based Milk Market Overview, 2027

"The UK plant-based milk market has experienced rapid growth due to changing consumer preferences, health consciousness, and sustainability concerns. The market offers a wide variety of plant-based milk alternatives, including soy, almond, oat, and newer options like pea, cashew, hemp, and quinoa milk. Environmental sustainability is a significant driver, as plant-based options are perceived as more eco-friendly compared to traditional dairy milk. The market caters not only to vegans and individuals with dietary restrictions but also to non-vegan consumers adopting flexitarian or reducetarian approaches. The competition among established brands and start-ups is increasing, driving product innovation. Plant-based milk alternatives are widely available in supermarkets, health food stores, and online platforms. Additionally, barista-friendly options are gaining popularity in coffee shops. Manufacturers are fortifying plant-based milk with additional nutrients to match the nutritional content of dairy milk. Overall, the UK plant-based milk market is an exciting and dynamic sector experiencing significant growth and diversification. According to the research report ""UK Plant-Based Milk Market Overview, 2027"" published byBonafide Research, the plant-based milk market is expected to grow significantly during the forecastperiod. In terms of the type ofmilk, soy milk has the biggest market share due to it being the oldestplant-based milk, being widely available, and also due to its high nutritional value. Almond milk has the second largest share, and it is continuously increasing due to soy milk’s allergic properties.During the forecast period, oat milk is expected to grow at a significant rate due to the fact that it is a rich source of nutrients and free from dairy allergens and other additives that cause adverseeffects on the human body. Besides, oats have a cholesterol-lowering property, which has been scientifically proven. In terms of milk formulation, there are two types: plain milk and flavor milk. Flavored plant milk comes in varied flavors like Chocolate, Strawberry, Vanilla, Coffee, Hazelnut,Mocha, Berry, Banana, Coconut, and others. Chocolate and strawberry have the highest market shares among other flavors due to their increasing popularity among young consumers. During theforecast period, other flavors like coffee, mocha, and coco will grow at a significant rate due to continuous innovation. Supermarkets and convenience stores have the highest market shares. During the forecast period, the online channel is expected to grow at a rate higher than any othersales channel due to many factors such as discounts, offers, convenience, time-saving, etc. Due to this, leading supermarket chains have their own online shopping apps.People's lack of awareness about plant-based beverages and concerns about beverage additives will limit the growth of the plant-based milk market during the forecast period. However, it may pose a threat to the growth of the plant-based milk market. Covid-19 continues to be a significant challenge for all businesses worldwide. The pandemic hasresulted in a sudden increase in the Country’s plant-based food and beverage products. The demandfor plant-based milk issurging as suspicion grows over possible links between wild animal-basedproducts. The pandemic is now seen as a boon for plant-based products as consumers switch to healthy eating habits. In addition to being a good source of protein, it offers a variety of flavors. As a result, most foodcompanies have changed their marketing and manufacturing strategies to promote them more than other traditional health foods. Considered in this report: • Geography: UK • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027

Aspects covered in this report • UK Plant-based milk market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Type of milk: • Soy milk • Almond milk • Coconut milk • Rice milk • Oat milk • Other milk (Cashew, hazelnut, other) Type of milk by formulation: • Plain milk • Flavored milk

Make this report your own

Have queries/questions regarding a report?

Take advantage of intelligence tailored to your business objective

Ask an Expert

Manmayi Raval

Research Consultant

Type of milk by flavors: • Chocolate • Vanilla • Strawberry • Berry • Hazelnut • Others (Coffee, coconut, mocha) By Sales Channel in the report: • Supermarkets • Convenience stores • Online • Others (Airports, Gas stations, Health Shops) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially,secondary research was used to get an understanding of the market and listing out the companiesthat are present in the market. The secondary research consists of third-party sources such as pressreleases, annual report of companies, analysing the government generated reports and databases.After gathering the data from secondary sources primary research was conducted by makingtelephonic interviews with the leading players about how the market is functioning and thenconducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, agegroup, and gender. Once we have primary data with us we have started verifying the detailsobtained from secondary sources.

Don’t pay for what you don’t need. Save 30%

Customise your report by selecting specific countries or regions

Specify Scope Now

Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations &organizations related to Plant Based Milk Industry, government bodies and other stakeholders toalign their market-centric strategies. In addition to marketing & presentations, it will also increasecompetitive knowledge about the industry"