United Kingdom Vegan Meat Market Size was valued at USD 0.5 Billion in 2022. The United Kingdom Vegan Meat market industry is projected to grow from USD 0.6 Billion in 2023 to USD 2.3 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 18.10% during the forecast period (2024 - 2032). Growing awareness draws in more clients, and the acceptance of different plant-based meat substitutes continues to grow, which are the main market drivers anticipated to drive the United Kingdom Vegan Meat Market
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The United Kingdom consumer base's growing consciousness of health and well-being is fueling the market for vegan meat alternatives. Given that soy can enhance the final product's water absorption, solubility, emulsification, viscosity, anti-oxidation, and texture, its use in plant-based meat substitutes is expected to grow in the years to come. The market for plant-based meat substitutes is constantly growing, broadening, and becoming more diverse. The market for plant-based poultry, hog, and shellfish is expanding together with that of plant-based beef. The exponential expansion of chilled plant-based meat is expected to continue over the projection period. Price is one of the main market constraints. In price-sensitive economies, the lack of economic sustainability of plant-based meat in comparison to animal-based meat will probably restrict its growth.
Furthermore, a sizeable section of the populace in the United Kingdom is concerned about environmental problems like deforestation, climate change, and the effects of animal agriculture on the environment. Consumer awareness of non-vegetarian plant-based alternatives is growing quickly, which drives the market CAGR. Consumers are drawn to these products because they offer health benefits such as preventing non-communicable diseases, digestive problems, and obesity. Meat substitutes made from plants are just as tasty and high in vital nutrients as their animal-derived counterparts. Vegetarians can, therefore, readily eat proteins, which aids in maintaining their ideal nutritional values and healthy lifestyle. The high cost of the existing situation keeps the market from growing; thus, producers are trying to lower the price by providing plant-based meat substitutes, which the Food and Agriculture Organization (FAO) estimates to have been 2,650.8 million metric tons. The projection from the FAO, which was 9 million tones short of the record established in 2016, indicated that cereal production will reach 2,597 million tons globally in 2017. The FAO's Cereal Supply and Demand Brief offer a current view of the global cereal market and is enhanced by a thorough analysis of cereal production processes.
The United Kingdom Vegan Meat market segmentation, based on Type, includes Beef, Chicken, Pork, Seafood, and Others. The beef segment dominated the market mostly. This is because plant-based meat and beef offer comparable qualities. Plant-based beef substitutes, like soy and wheat, are used to make items like meatless beef chunks, vegetarian burgers, beef watercress, and beefsteak. Also, in order to satisfy the growing demand from vegetarian populations, manufacturers are concentrating on the introduction of new products.
The United Kingdom Vegan Meat market segmentation, based on Application, includes Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores, Online Retailers, and Others. The supermarkets and hypermarkets segment generated the most income. The introduction of plant-based products to a broader audience including individuals who may not actively seek out specialty stores—is largely facilitated by supermarkets and hypermarkets. The accessibility of plant-based meat in these retail environments encourages the general public to embrace ethical and sustainable eating practices.
Figure 1: United Kingdom Vegan Meat Market, by Application, 2023 & 2032 (USD Billion)
The United Kingdom consumer base is becoming more health-conscious, which is driving up demand for plant-based substitutes for conventional meat products. Because it has less cholesterol and saturated fat, vegan meat is frequently seen to be a healthier choice. Thanks to media influence and celebrity endorsements, veganism has become even more popular. Influencers and well-known people who support plant-based diets have helped normalize veganism and increase awareness of it, which has fueled the United Kingdom vegan meat market's expansion. The market is also influenced by the large investment in new product innovation and the rise in the number of customers seeking plant-based substitutes. The number of vegans and flexitarians has risen in the United Kingdom.
Leading market players are putting a lot of money on R&D to expand their product lines, which will spur additional expansion in the UK vegan meat market. Additionally, market players are engaging in a range of calculated actions to increase their presence, with important market developments including releases of new products, contracts, acquisitions and mergers, increased investments, and cooperation with other enterprises. To grow and endure in a market that is becoming more and more competitive, United Kingdom Vegan Meat industry must provide reasonably priced goods.
Major players in the United Kingdom Vegan Meat market are making investments in R&D operations in an effort to boost market demand, including Impossible Foods, Beyond Meat, Greenleaf Foods, ADM, Dupont, The Nisshin Ollio Group, Sonic Biochem Limited, MGP Ingredients.
United Kingdom Vegan Meat Industry Developments
In 2023, the UK vegan meat market, including Impossible Foods, Beyond Meat, all aggressively introduced new vegan meat products. These featured creative solutions such as plant-based chicken substitutes for curries, vegan sausages that mimicked traditional flavors, and plant-based mince substitutes made especially for classic British recipes like shepherd's pie.
June 2019: Tyson Foods revealed plans to introduce a new product called "Raised & Rooted" to the market as part of an expansion of their plant-based beef line. This new product line will consist of two items: a burger that combines beef and pea protein and a chicken nugget consisting of pea protein isolate egg white, bamboo, and flaxseed.
September 2019: New plant-based meat products are planned by Hormel and Kellogg. The newly created brands from Kellogg and Hormel are Incogmeato and Happy Little Plants, respectively. These new items will be created using non-GMO soy, giving them the appearance and flavor of actual meat.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 0.5 Billion |
| Market Size 2023 | USD 0.6 Billion |
| Market Size 2032 | USD 2.3 Billion |
| Compound Annual Growth Rate (CAGR) | 18.10% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2019-2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Application |
| Countries Covered | United Kingdom |
| Key Companies Profiled | Impossible Foods, Beyond Meat, Greenleaf Foods, ADM, Dupont, The Nisshin Ollio Group, Sonic Biochem Limited, MGP Ingredients |
| Key Market Opportunities | Growing the plant-based meat substitutes Growing awareness draws in more clients |
| Key Market Dynamics | Growth in Consumer Engagement with Personalization and Customization Growing Consumer Interest in the acceptance of different plant-based meat substitutes continues to grow. |
Frequently Asked Questions (FAQ) :
The size of the United Kingdom Vegan Meat market was estimated at USD 0.6 billion in 2023.
It is anticipated that the market would expand at a compound annual growth rate (CAGR) of 18.10% from 2024 to 2032.
The key players in the market are Impossible Foods, Beyond Meat, Greenleaf Foods, ADM, Dupont, The Nisshin Ollio Group, Sonic Biochem Limited, MGP Ingredients.
The Supermarkets/Hypermarkets dominated the market in 2023.
The beef had the largest share in the market.
Senior Research Analyst I have a bachelor's degree in mechanical engineering and an mba. i have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. a firm believer in lifelong learning and sharing of knowledge. having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest.
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