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

Year SOY PEA OATS COCONUT SEEDS & NUTS HERBS & SPICES FRUITS & VEGETABLES OTHERS
2016 $ 106.2 $ 69.0 $ 42.6 $ 19.3 $ 100.6 $ 30.7 $ 78.1 $ 85.7
2017 $ 114.8 $ 75.0 $ 46.2 $ 20.9 $ 109.3 $ 33.0 $ 84.9 $ 92.4
2018 $ 124.2 $ 81.7 $ 50.2 $ 22.8 $ 119.0 $ 35.6 $ 92.3 $ 99.5
2019 $ 134.5 $ 89.2 $ 54.7 $ 24.8 $ 129.8 $ 38.5 $ 100.6 $ 107.6
2020 $ 144.0 $ 96.2 $ 58.9 $ 26.7 $ 139.9 $ 41.2 $ 108.3 $ 115.0
2021 $ 156.1 $ 105.2 $ 64.2 $ 29.2 $ 152.8 $ 44.6 $ 118.2 $ 124.4
2022 $ 169.5 $ 115.2 $ 70.1 $ 31.9 $ 167.1 $ 48.3 $ 129.2 $ 134.8
2023 $ 184.4 $ 126.3 $ 76.7 $ 35.0 $ 183.0 $ 52.4 $ 141.4 $ 146.2
2024 $ 200.8 $ 138.7 $ 84.0 $ 38.3 $ 200.8 $ 57.0 $ 155.0 $ 159.0
2025 $ 219.5 $ 152.7 $ 92.3 $ 42.2 $ 220.9 $ 62.1 $ 170.4 $ 173.3
2026 $ 240.3 $ 168.4 $ 101.6 $ 46.5 $ 243.5 $ 67.8 $ 187.7 $ 189.2
2027 $ 263.3 $ 186.0 $ 112.0 $ 51.3 $ 268.7 $ 74.1 $ 207.0 $ 206.8
2028 $ 289.2 $ 205.9 $ 123.7 $ 56.7 $ 297.1 $ 81.2 $ 228.7 $ 226.6
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UK Plant-Based Food Ingredients Market by Source (USD Million)

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

Market Dynamics

in recent years, there has been a significant rise in demand for plant-based food ingredients in the uk market. this demand is driven by several factors, including an increasing focus on health and wellness, growing environmental concerns, and changing consumer preferences. one of the main drivers for the demand of plant-based food ingredients is the rise in health consciousness among consumers. there is a growing awareness among consumers about the benefits of consuming a plant-based diet, which includes reducing the risk of chronic diseases and promoting overall health. as a result, there is a rising demand for plant-based ingredients, such as plant-based proteins, in various food products. another factor contributing to the increasing demand for plant-based food ingredients is the growing concern for the environment. the production of animal-based ingredients has been linked to deforestation, greenhouse gas emissions, and water pollution. this has led to a shift in consumer preferences towards more sustainable and environmentally friendly food options. plant-based ingredients, which have a lower carbon footprint and require less land and water to produce, are seen as a more sustainable alternative to animal-based ingredients. there is also a changing demographic and cultural shift towards vegetarian and vegan lifestyles, with a growing number of consumers adopting plant-based diets for ethical and personal reasons. this has led to a significant demand for plant-based food ingredients, as well as a rise in the availability of plant-based food options in the market. in terms of sources, there is a wide variety of plant-based food ingredients available in the market, including fruits, vegetables, grains, legumes, nuts, and seeds. these ingredients are used to create a diverse range of plant-based food products, such as meat and dairy alternatives, plant-based milks, and plant-based snacks. moreover, the uk government’s initiatives to promote healthy eating and reduce the consumption of animal-based products have also played a role in driving the demand for plant-based food ingredients. for instance, the government’s 'eatwell guide' recommends a balanced and varied diet based on plant-based foods, including fruits, vegetables, and plant proteins. in conclusion, the demand for plant-based food ingredients in the uk market is expected to continue to grow in the coming years, driven by factors such as health consciousness, environmental concerns, changing consumer preferences, and government initiatives. this presents significant opportunities for food companies to innovate and cater to the growing demand for plant-based options.

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