The United Kingdom vegan desserts market value is poised to increase from US$ 266 million in 2022 to US$ 727.1 million by 2033. Overall vegan dessert sales in the United Kingdom are expected to accelerate at a CAGR of 9.6% between 2023 and 2033. Currently, the United Kingdom holds around 9% share of the global vegan desserts market.
As health consciousness in Europe surges, individuals are taking note of benefits of vegan desserts. Vegan lifestyle has become increasingly popular due to its positive health effects and the ethical reasons behind it. Vegan desserts have become a great option for those who want to adhere to a vegan diet as they do not contain any animal products.
Vegan desserts often contain fewer preservatives and artificial sweeteners than non-vegan desserts, meaning that they are healthy and more natural options when compared to traditional desserts. Numerous vegan desserts are made with plant-based ingredients that provide essential vitamins, minerals, and nutrients ideal for improving overall health. These nutrient-rich ingredients make vegan desserts a better option for those looking to maintain a balanced diet.
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Growing number of vegans in Europe has increased the demand for vegan desserts over the past decade and the trend is expected to continue during the forecast period. With several vegan dessert options now available, it’s easier than ever to find something tasty and nutritious for every occasion.
Emerging trends reveal that vegan dessert demand in the United Kingdom will continue to gain momentum during the next ten years as preference towards healthy plant-based food products continue to escalate. Consumers who want to enjoy delicious treats without sacrificing their health or values will continue to turn to vegan desserts, making this market one of the most promising in food industry.
Several United Kingdom-based companies are introducing novel vegan desserts to cater to the rising demand for plant-based foods. For instance, in January 2022, the United Kingdom foodservice provider Brakes introduced a new line of classic vegan desserts to assist business owners profit from rising demand for vegan foods.
Key Takeaways from the Vegan Desserts Market
- The global vegan desserts market is predicted to expand at a positive CAGR of 8.5% between 2023-2033.
- The global vegan desserts market sales are poised to total a valuation of US$ 3205.07 million by 2023.
- The United Kingdom vegan desserts market is anticipated to expand at 6% CAGR between 2023 and 2033.
- Rising awareness about health benefits associated with the consumption of vegan desserts will drive sales in Europe.
“Growing awareness regarding health benefits associated with consumption of plant-based foods is expected to boost vegan dessert sales in Europe. Hence key players are introducing vegan menus and plant based product lines to increase their market chunks.”– Says an FMI Analyst.
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Competition Landscape in the Vegan Desserts Market
Key companies in Europe vegan desserts market are introducing plant-based product lines made of ingredients such as oats and coco of rainforest to draw customer attention. They are also introducing vegan based menu for customers to expand their market chunks.
Heavenly Desserts, DMK, and Brakes are apex companies in Europe vegan desserts market.
Recent Developments:
- In December 2022, with its first-ever plant-based collection, the global dessert company Heavenly Desserts celebrated Veganuary in the United Kingdom The chain’s 50+ UK sites now offer a full new vegan menu that seeks to mimic renowned Heavenly Desserts delicacies using plant-based ingredients.
- In March 2022, the biggest dairy cooperative in Germany, DMK announced the debut of plant-based goods under MILRAM label. Rice pudding, chocolate milk, and vegan sweets are all part of a new oat-based product line. The treats come in vanilla and chocolate flavors and are produced with cocoa that has received Rainforest Alliance certification and natural bourbon vanilla, respectively. They have a brief, recognizable ingredient list and are ready to consume, much like chocolate oat milk and rice pudding.
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Key Segments
By Product:
- Biscuits/Cookies
- Cakes & Pastries
- Custard & Puddings
- Frozen Desserts (Ice-creams, Yogurts, etc.)
- Others
By Flavor:
- Unflavored
- Vanilla
- Chocolate
- Others (banana, strawberry, etc.)
By Form:
- Liquid
- Solid
By Distribution Channel:
- E-commerce
- Offline
- Vitamins & Supplements Stores
- Retail and Departmental Stores
- Supermarkets
- Vegan Fairs
- Others
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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