The Global Non-Dairy Ice Cream Market size is expected to grow from USD 243.55 million in 2022 to USD 2154.81 million by 2030, at a CAGR of 14.5% during the forecast period (2023-2030).
The Global Non-Dairy Ice Cream Market size is expected to grow from USD 243.55 million in 2022 to USD 2154.81 million by 2030, at a CAGR of 14.5% during the forecast period (2023-2030).
Almond, cashew, coconut, and other plant-based milks are used to make non-dairy ice cream. High lipid ingredients, sugars, casein, nutrients, and egg white are all found in non-dairy ice cream. A number of factors, including rising rates of lactose intolerance, other health issues associated to milk, and changes in socialization patterns, are expected to support the growth of the non-dairy ice cream industry in the estimated period. Furthermore, there is a global need for dairy substitute goods due to the rising incidence of lactose intolerance and milk allergies among consumers. To appeal to a wider range of consumers, producers are using ingredients that are healthier than their dairy counterparts. Decreased fat content and increased protein benefits are two factors that will drive demand for dairy-free goods.
Players Covered in Non-Dairy Ice Cream Market are:
Happy Cow Ltd., Nestle, Ben and Jerry's Home Made, Wells Enterprise, Over the Moo, Bliss Unlimited LLC., BOOJA-BOOJA, Van Leeuwen Ice Cream LLC., Tofutti Brands Inc., Eden Creamery LLC., Waitrose and Partners, Traders Joe's., Unilever, General Mills, Danone., Swedish Glace, Talenti and other major players.
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Segmentation Analysis of the Non-Dairy Ice Cream Market:
Based on Source, the coconut milk segment is dominating the market owing to easy availability less cost and easy processing compared to other segments has propelled the growth of the market. In addition, high demand from the consumers for coconut milk and promotion by many brands leads the market growth during the forecast period.
Based on Flavor, the chocolate flavor segment is projected to account for the largest share in the market due to demand in school kids to all ages of a group, followed by vanilla flavor accounted the major share. The flavor is varying according to from region to region. For instance, in Europe lemon is the most demanded flavor in the region.
By Product Type
By Source
By Form
By Flavour
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Regional Analysis in the Non-Dairy Ice Cream Market
The non-dairy ice cream market is dominated by the North American area, and this trend is anticipated to last during the projected period. growing health consciousness due to lactose in milk, which has led to an increase in demand for vegan ice cream. Leading industry leaders Ben & Jerry's new range of vegan- and dairy-free treats has allowed them to seize a sizable portion of the market and accelerate regional growth.
Because of the large population in the area and the trend of consumers gravitating toward plant-based, vegan diets, which include non-dairy ice cream, the Asia Pacific region is predicted to grow at the fastest rate during the projection period. Moreover, over the projected period, rising health consciousness regarding lactose in milk and its adverse consequences from excessive consumption will fuel the expansion of the vegan food market.
By Region
Effective Points Covered in Non-Dairy Ice Cream Market Report: -
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Jan 17, 2024
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