Non-Dairy Ice Cream Market Size By Source (Coconut Milk, Almond Milk, Cashew Milk, Soy Milk), By Flavor (Vanilla, Chocolate, Butter Pecan, Strawberry, Neapolitan, Cookies & Cream, Mint Choco Chip, Caramel), By Product (Impulse, Artisanal, Take Home), By F

Non-Dairy Ice Cream Market Size By Source (Coconut Milk, Almond Milk, Cashew Milk, Soy Milk), By Flavor (Vanilla, Chocolate, Butter Pecan, Strawberry, Neapolitan, Cookies & Cream, Mint Choco Chip, Caramel), By Product (Impulse, Artisanal, Take Home), By Form (Singles, Blends), By Distribution Channel (Supermarkets, Convenience Stores, Food & Drink Specialists, Restaurants, Online Stores), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2023 - 2032

Non-Dairy Ice Cream Market is anticipated to grow considerably through 2032, primarily owing to innovative marketing techniques and product launches in the Asia Pacific region. Besides, non-dairy ice cream boasts of several health benefits and since these are made from plant-based ingredients, the product’s popularity will also be nurtured by the increasing awareness among the general populace about natural milk products.

Overall, the non-dairy ice cream industry is segmented in terms of source, flavor, product, form, distribution channel, and region.

Based on the source, the almond milk segment is slated to grow at 10.5% CAGR during 2023-2032. Almond milk is a low-calorie drink enriched with extra nutrients such as calcium, and vitamins E & D. Besides, the rising preference for a vegan diet will be a significant factor supporting segmental growth over the foreseeable future.

On the basis of flavor, the vanilla flavor segment is anticipated to be valued at over USD 470 million by 2032, as vanilla is considered to be one of the most popular spices used widely in producing ice creams. In addition, rising consumer inclination towards vanilla-flavored products owing to their creamy and delicious texture along with easy availability will also favor the overall industry outlook.

Considering the product, the artisanal product segment will register lucrative growth through 2032, owing to the rising awareness of the unfavorable health effects of processed food coupled with budding demand for organic, local ingredients.

In terms of form, the blends segment will grow considerably owing to the rising preference for ice-cream boutiques that offer do-it-yourself products to customers. Several benefits associated with such products, such as low-calorie content, suitability for lactose intolerant consumers, creaminess, and availability of various flavors, will escalate the market demand. Besides, consumers are constantly seeking products that are unique in flavor and include natural products such as fresh fruit and seeds, thus stimulating market growth.

Based on the distribution channel, the food & drink specialists segment will exhibit a 10.5% CAGR between 2023-2032, owing to changing consumer preference towards natural ingredients. In addition, the market for plant-based alternatives is one of the rapidly expanding segments in the food product development area of functional and specialty beverages, which will also contribute to the segmental expansion.

Regionally, the Europe non-dairy ice cream market is estimated to be valued over USD 340 million by 2032. The regional market growth can be attributed to the rising preference for a vegan diet along with the easy availability of products such as non-dairy frozen desserts, ice creams, and yogurt in the form of soymilk, almond milk, and coconut milk.