UK Plant-Based Food Ingredients Market by application (USD Million)

Year PLANT-BASED MILK & DERIVATIVES PLANT-BASED MILK PLANT-BASED CHEESE PLANT-BASED ICE CREAM PLANT-BASED YOGURT PLANT-BASED BUTTER OTHERS BAKERY & CONFECTIONERY SWEET & SAVORY SNACKS MEAT SUBSTITUTES RTE & RTC MEALS
2016 $ 234.7 $ 133.2 $ 14.8 $ 26.2 $ 19.6 $ 16.5 $ 141.4 $ 28.3 $ 11.3 $ 84.0 $ 32.4
2017 $ 254.2 $ 144.2 $ 16.1 $ 28.4 $ 21.3 $ 17.8 $ 153.1 $ 30.7 $ 12.3 $ 91.1 $ 35.1
2018 $ 275.6 $ 156.3 $ 17.4 $ 30.9 $ 23.1 $ 19.3 $ 165.9 $ 33.3 $ 13.3 $ 99.0 $ 38.1
2019 $ 299.6 $ 169.8 $ 19.0 $ 33.7 $ 25.2 $ 20.9 $ 180.1 $ 36.2 $ 14.5 $ 107.9 $ 41.6
2020 $ 321.7 $ 182.2 $ 20.4 $ 36.3 $ 27.1 $ 22.4 $ 193.1 $ 38.9 $ 15.6 $ 116.2 $ 44.7
2021 $ 350.0 $ 198.1 $ 22.2 $ 39.6 $ 29.6 $ 24.3 $ 209.8 $ 42.3 $ 17.0 $ 126.9 $ 48.8
2022 $ 381.3 $ 215.6 $ 24.3 $ 43.3 $ 32.3 $ 26.4 $ 228.2 $ 46.1 $ 18.5 $ 138.7 $ 53.3
2023 $ 416.1 $ 235.1 $ 26.5 $ 47.3 $ 35.3 $ 28.7 $ 248.6 $ 50.4 $ 20.2 $ 151.8 $ 58.3
2024 $ 454.8 $ 256.8 $ 29.0 $ 51.9 $ 38.7 $ 31.3 $ 271.3 $ 55.1 $ 22.2 $ 166.4 $ 63.9
2025 $ 498.5 $ 281.3 $ 31.9 $ 57.0 $ 42.5 $ 34.2 $ 297.1 $ 60.4 $ 24.3 $ 182.8 $ 70.2
2026 $ 547.5 $ 308.7 $ 35.0 $ 62.8 $ 46.7 $ 37.5 $ 325.8 $ 66.4 $ 26.7 $ 201.3 $ 77.2
2027 $ 601.9 $ 339.1 $ 38.6 $ 69.2 $ 51.5 $ 41.1 $ 357.7 $ 73.0 $ 29.4 $ 221.9 $ 85.1
2028 $ 663.2 $ 373.4 $ 42.5 $ 76.5 $ 56.8 $ 45.1 $ 393.6 $ 80.5 $ 32.5 $ 245.2 $ 94.0
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UK Plant-Based Food Ingredients Market by application (USD Million)

Synopsis
The above chart is UK Plant-Based Food Ingredients Market by application (USD Million)

Market Dynamics

the uk plant-based food ingredients market is witnessing a significant growth, especially in the recent years, with more and more consumers adopting a plant-based diet and lifestyle. plant-based food ingredients have gained immense popularity due to their numerous health benefits and ethical appeal, and this trend is expected to continue in the coming years. one of the major drivers for the demand of plant-based food ingredients in the uk is the increasing awareness among consumers regarding the environmental impact of animal-based products. there has been a growing concern about the impact of intensive animal farming on the environment, including deforestation, water pollution, and greenhouse gas emissions. as a result, there is a growing demand for plant-based alternatives which are perceived to be more environmentally friendly and sustainable. another major factor driving the demand for plant-based food ingredients is the increasing health consciousness among consumers. plant-based diets have been proven to have numerous health benefits, such as reducing the risk of chronic diseases like heart disease, diabetes, and certain types of cancer. this has led to an increasing number of health-conscious consumers opting for plant-based alternatives in their diet, leading to a surge in the demand for plant-based food ingredients. furthermore, the growing trend towards veganism and vegetarianism in the uk is also contributing to the demand for plant-based food ingredients. a significant number of consumers are choosing to eliminate animal products from their diet, either for health reasons or ethical concerns. this has led to a demand for plant-based alternatives that can provide the same nutritional value and taste as animal-based products. the demand for plant-based food ingredients is also driven by their versatility and wide range of applications in the food industry. plant-based ingredients such as soy proteins, almond milk, and tapioca starch can be used in a variety of food products, including meat substitutes, dairy-free alternatives, and baked goods. this has led to an increase in the adoption of plant-based ingredients by food manufacturers, further boosting the demand for these ingredients in the uk market. in conclusion, the demand for plant-based food ingredients in the uk is driven by various factors, including environmental concerns, health consciousness, growing trends towards veganism and vegetarianism, and their versatility in food applications. with increasing consumer demand for plant-based alternatives, the future of the uk plant-based food ingredients market looks promising and is expected to witness significant growth in the coming years.

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