Vegan Ice Cream Market

Vegan Ice Cream Market Size, Share, Growth Analysis, By Source(Coconut Milk, Soy Milk, Almond Milk, Cashew Milk), By Flavor(Caramel, Chocolate, Coconut, Coffee), By Sales Type(Impulse, Take Home, Artisanal), By Distribution Channel(Supermarket/Hypermarket, Convenience Stores, Online), By Region(North America, U.S., Canada, Mexico) - Industry Forecast 2024-2031


Report ID: UCMIG30B2007 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Vegan Ice Cream Market Insights

Market Overview:

Multiple product launches with varying tastes and preferences will stimulate the market during the forecast period. For example, in addition to its existing flavours, Ben & Jerry's has developed a number of new flavours, particularly for the United Kingdom. The increased number of distribution channels due to the market penetration of various MNCs will boost the overall sales volume of the product. However, the harmful effects of the source from which such ice creams are made may stymie the long-term growth of the vegan ice cream market. For example, excessive consumption of almond milk causes discomfort and bloating, and can eventually lead to a reduction in food intake. Another market constraint is the variation in nutritional content in the products. However, due to the aforementioned factors, the majority of the population is shifting toward plant-based ice creams rather than dairy ice creams. This, in turn, will negate the effect of the restraining factors, leading to a positive trend in the dairy-free ice cream market.

Vegan Ice Cream Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Food Distributors by segment aggregation, the contribution of the Food Distributors in Food & Staples Retailing and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Vegan Ice Cream was estimated to be valued at US$ XX Mn in 2021.

The Vegan Ice Cream Market is estimated to grow at a CAGR of XX% by 2028.

The Vegan Ice Cream Market is segmented on the basis of Source, Flavor, Sales Type, Distribution Channel, Region.

Based on region, the Vegan Ice Cream Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Vegan Ice Cream Market are Arctic Zero Inc., Beyond Butter Foods Llc, Coolhaus, Happy Cow Limited, The Boojabooja Company, Nadamoo!, Perry’s Ice Cream Co. Inc., Sorbabes, Double Rainbow Ice Creams Inc., Over The Moo Pty Ltd..

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Vegan Ice Cream Market

Report ID: UCMIG30B2007

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