Agricultural Products: Food

(asked on 20th February 2023) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what estimate he has made of the value of the plant-based food market to the UK; and whether his Department has made an estimate of the potential for future growth of that market.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Minister of State (Department for Business and Trade)
This question was answered on 1st March 2023

The UK Government has not made an appraisal of this sector. Market intelligence agency, Euromonitor, estimates that the UK market for meat and seafood substitutes (which covers the plant-based food market) was worth around £667m in 2022. Euromonitor forecasts that the UK market for meat and seafood substitutes will grow by approximately 13% by the end of 2023.

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