Dairy-Free Ice Cream Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Global Dairy-Free Ice Cream Market is projected to witness a CAGR of 7.12% over the forecast period (2020-2025).
Key HighlightsPlant-based dairy alternative allergies and intolerances are major reasons behind going dairy-free, especially considering the food allergy initiative's statistic that cow's milk allergy is the leading food allergy in infants and children. Owing to the growing awareness regarding plant-based dairy-free products, consumers are willing to opt for dairy-free ice cream. This has led key players to invest in their research and development activities in order to come up with dairy-free frozen desserts. Non-dairy frozen desserts have been stocked up on store shelves in recent years, boasting natural ingredients, such as almond milk, soy, coconut milk, sweetened by fine sounding ingredients, like agave nectar and dried cane syrup, instead of sugar, dairy, and the now-despised corn syrup. Manufacturers are focused on developing dairy-free desserts, especially ice-creams that are healthy, plant-based with clean labels, taste, and interesting flavor profiles. Gourmet flavors are gaining in popularity in recent past and are the triggers for brands seeking premium positioning in the dairy-free ice-cream market.
North America Leads the Global MarketIn the North American region, increasing consumer awareness about health issues due to lactose in the milk is driving the dairy-free ice cream market size. Other key factors, such as the increase in demand for vegan food, owing to rising health consciousness and growing vegan population are also resulting to turn to dairy alternatives. Technological advancement & product innovations for taste improvements to comply with the taste of dairy-based ice-cream has provided a positive outlook for product demand. Demand for non-dairy ice creams such as almond and coconut-based ice creams is booming in the United States, as dairy alternatives are no longer strictly marketed to consumers with special dietary requirements, but appeal to a wider health-conscious consumer base. The trend of maximizing nutrition credentials in dairy-free products such as ice creams by proliferating natural ingredients has certainly uplifted the market size in the country.
Competitive LandscapeThe Global Dairy-Free Ice Cream Market is fragmented with major global players competing with local and regional artisanal brands and private labels. Product Innovation in the form of the launch of new and innovative flavors is the highest adopted strategy by competitors in the market. The major players in the Global Dairy-Free Ice Cream Market include Unilever plc. (Ben & Jerry's), Danone S.A., General Mills, Inc. (Häagen-Dazs), Tofutti Brands, Inc., and Little Red Rooster Ice Cream Company (NadaMoo), among others.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook