Leading Dairy-Free Ice Cream Flavor Markets Databank
The Dairy-Free Ice Cream market was valued at $605.3 Million in 2020, and is projected to reach $1,040.5 Million by 2029 growing at a CAGR of 6.25% from 2021 to 2029. Chocolate segment is expected to be the highest contributor to this market, with $241.2 Million in 2020, and is anticipated to reach $415.7 Million by 2029, registering a CAGR of 6.28%. Chocolate and Strawberry segments collectively expected to account for about 70.0% share of the Dairy-Free Ice Cream market in 2020, with the former constituting around 39.8% share. Chocolate and Strawberry segments are expected to witness significant growth rates at a CAGR of 6.28% and 6.25% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 70.0% in the overall Dairy-Free Ice Cream market in 2020, and is anticipated to reach 70.2% by 2029.
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