Vegan Ice-Cream Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,900	185 Pages	TechSci Research	September, 2023	TCSI18181364

Best Price Guarantee
Price	from $4,900
Length	185 Pages
Publisher	TechSci Research
Published Date	September, 2023
SKU	TCSI18181364

Vegan Ice-Cream Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F.Segmented By Flavor (Chocolate, Vanilla, Strawberry, Others (Caramel, Blueberry, etc.)), By Product Type (Tub, Sticks, Cones, and Others (Carterton)), By Source (Coconut Milk, Cashew Milk, Soy Milk, Almond Milk, Others (Rice Milk, etc.), By Distribution Channel (Specialty Stores, Convenience Stores, Hypermarkets & Supermarkets, Online, and Others (Dealers & Distributors Sales, etc.)), By Region, Competition

The global vegan ice cream market is poised to experience growth driven by the increasing number of consumers with lactose intolerance in the region, thereby boosting the demand for vegan ice cream products.

The growth of the vegan ice cream market is being propelled by the rise in vegan and health-conscious consumers worldwide. Furthermore, heightened awareness of lactose intolerance, caused by insufficient lactase enzyme in the intestine, is contributing to the demand for dairy-free and vegan food items. Vegan ice cream is gaining popularity across emerging and established markets, especially among individuals allergic to dairy products. Its rich creaminess and delectable flavors, akin to conventional variants, have further fueled its growth.

Shifting preferences towards non-dairy products are generating demand for the vegan ice cream market. Consumers are increasingly embracing plant-based alternatives for reasons such as animal welfare, health consciousness, and dietary preferences. The prevalence of lactose sensitivity among both adults and children, coupled with a growing understanding of celiac disease effects, is driving the transition to non-dairy ice creams. For instance, in 2022, the National Institutes of Health (NIH) reported that around 65% of adults experience lactose intolerance, leading to gastrointestinal discomfort after dairy consumption. This trend is most prominent among East Asian populations, affecting 70-100% of individuals, including Native Americans, Brazilians, Asians, Mediterranean and Jewish groups. To cater to this demand, ice cream manufacturers are substituting cow's milk with coconut milk, cashew milk, soy milk, or almond milk, resulting in a diverse product range. Health-conscious consumers are gravitating towards dairy-free options due to their lower fat content, driving the anticipated growth in the vegan ice cream market.

Market expansion is further facilitated by the introduction of an array of vegan ice cream flavors. The demand for diverse options, such as mint chip, peanut butter, strawberry, vanilla, chocolate, coffee hazelnut, and salted caramel, is fueling market growth. Leading manufacturers are launching vegan ice cream products in response to the rising demand for dairy-free choices. For instance, in January 2023, Ben & Jerry's introduced a new non-dairy flavor named oatmeal dream pie, featuring gluten-free oatmeal cookies and a non-dairy oatmeal crème pie dessert with marshmallow swirls. Similarly, music producer Jermaine Dupri unveiled his coconut-based vegan ice cream line, JD's Vegan, in 2021, offering enticing flavors like Key Lime Pie, Strawberry Sweetheart, Welcome to Atlanta Peach Cobbler, Apple Butter, Chocolate My Way, and Cookies & Cream.

The expanding vegan population is a key factor contributing to market growth. Evolving consumer buying patterns are prompting manufacturers to focus on producing ice creams with low sugar content, minimal processing, and label-free ingredients, driving market expansion in the forecast period. Established ice cream producers are entering this new market as innovation becomes critical to align with evolving trends, thus driving profit margins. Consequently, existing companies are reevaluating their investment strategies to incorporate plant-based alternatives to maintain their market presence and stimulate market growth.

Market Segmentation

The global Vegan Ice-Cream market is segmented based on flavor, product type, source, distribution channel, region, and competitional landscape. Based on the flavor, the market is fragmented into chocolate, vanilla, strawberry, and others (caramel, blueberry, etc.). Based on product type, the market is segmented into tubs, sticks, cones, and others (Carterton). Based on source, the market is further segmented into coconut milk, cashew milk, soy milk, almond milk, and others (rice milk, combination). Based on distribution channel, the market is segmented into specialty stores, convenience stores, hypermarkets & supermarkets, online, and others (dealers & distributors sales, etc.)). The market analysis also studies the regional segmentation divided among North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Company Profiles

Unilever LLC, Van Leeuwen Ice Cream LLC, Oatly Group AB, Wicked Kitchen, Tofutti Brands, Inc., Booja-Booja Company Ltd, Over The Moo, HP Hood LLC (Plant Oat), Bliss Unlimited, LLC (Cosmic bliss), Little Red Rooster Ice Cream Company (NadaMoo), are among the major market players in the global platform that lead the market growth of the global vegan ice-cream market.

Report Scope:

In this report, the global vegan ice cream market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Vegan Ice-Cream Market, By Flavor
Chocolate
Vanilla
Strawberry
Others (Caramel, Blueberry, etc.)
Vegan Ice-Cream Market, By Product Type:
Tub
Sticks
Cones
Others (Carterton)
Vegan Ice-Cream, Market, By Source:
Coconut Milk
Cashew Milk
Soy Milk
Almond Milk
Others (Rice Milk, etc.)
Vegan Ice-Cream Market, By Distribution Channel:
Specialty Stores
Convenience Stores
Hypermarkets & Supermarkets
Online
Others (Dealers & Distributors Sales)
Vegan Ice-Cream Market, By Region:
North America
United States
Canada
Mexico
Europe
United Kingdom
Germany
France
Spain
Italy
Asia-Pacific
China
Japan
India
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
Saudi Arabia
UAE
Turkey
South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global vegan ice-cream market.

Company Information

Detailed analysis and profiling of additional market players (up to five).

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights

1. Introduction: 1.1. Product Overview; 1.2. Key Highlights of the Report; 1.3. Market Coverage; 1.4. Market Segments Covered; 1.5. Research Tenure Considered
2. Research Methodology: 2.1. Objective of the Study; 2.2. Baseline Methodology; 2.3. Key Industry Partners; 2.4. Major Association and Secondary Sources; 2.5. Forecasting Methodology; 2.6. Data Triangulation & Validation; 2.7. Assumptions and Limitations
3. Executive Summary: 3.1. Market Overview; 3.2. Market Forecast; 3.3. Key Regions; 3.4. Key Segments
4. Voice of Customer Analysis (B2C Model Analysis): 4.1. Brand Awareness; 4.2. Frequency of Purchase; 4.3. Factors Influencing Purchase Decision; 4.4. Brand Satisfaction; 4.5. Challenges Faced Post Purchase
5. Global Vegan Ice-Cream Market Outlook: 5.1. Market Size & Forecast; 5.1.1. By Value; 5.2. Market Share & Forecast; 5.2.1. By Flavour Market Share Analysis (Chocolate, Vanilla, Strawberry, And Others (Caramel, Blueberry, Etc.); 5.2.2. By Product Type Market Share Analysis (Tub, Sticks, Cones, And Others (Carterton)),; 5.2.3. By Source Market Share Analysis (Coconut Milk, Cashew Milk, Soy Milk, Almond Milk, And Others (Rice Milk, etc.); 5.2.4. By Distribution Channel Share Analysis (Specialty Stores, Convenience Stores, Hypermarkets & Supermarkets, Online, And Others (Dealers & Distributors Sales, etc.); 5.2.5. By Regional Market Share Analysis; 5.2.5.1. North America Market Share Analysis; 5.2.5.2. Europe Market Share Analysis; 5.2.5.3. Asia -Pacific Market Share Analysis; 5.2.5.4. South America Market Share Analysis; 5.2.5.5. Middle East & Africa Market Share Analysis; 5.2.6. By Top 5 Companies Market Share Analysis, Others (2022); 5.3. Global Vegan Ice-Cream Market Mapping & Opportunity Assessment; 5.3.1. By Flavor Market Mapping & Opportunity Assessment; 5.3.2. By Product Type Market Mapping & Opportunity Assessment; 5.3.3. By Source Market Mapping & Opportunity Assessment; 5.3.4. By Distribution Channel Market Mapping & Opportunity Assessment; 5.3.5. By Regional Market Mapping & Opportunity Assessment
6. Asia-Pacific Vegan Ice-Cream Market Outlook: 6.1. Market Size & Forecast; 6.1.1. By Value; 6.2. Market Share & Forecast; 6.2.1. By Flavor Market Share Analysis; 6.2.2. By Product Type Market Share Analysis; 6.2.3. By Source Market Share Analysis; 6.2.4. By Distribution Channel Market Share Analysis; 6.2.5. By Country Market Share Analysis; 6.2.5.1. China Vegan Ice-Cream Market Outlook; 6.2.5.1.1. Market Size & Forecast; 6.2.5.1.1.1. By Value; 6.2.5.1.2. Market Share & Forecast; 6.2.5.1.2.1. By Flavor Market Share Analysis; 6.2.5.1.2.2. By Product Type Market Share Analysis; 6.2.5.1.2.3. By Source Market Share Analysis; 6.2.5.1.2.4. By Distribution Channel Market Share Analysis; 6.2.5.2. Japan Vegan Ice-Cream Market Outlook; 6.2.5.2.1. Market Size & Forecast; 6.2.5.2.1.1. By Value; 6.2.5.2.2. Market Share & Forecast; 6.2.5.2.2.1. By Flavor Market Share Analysis; 6.2.5.2.2.2. By Product Type Market Share Analysis; 6.2.5.2.2.3. By Source Market Share Analysis; 6.2.5.2.2.4. By Distribution Channel Market Share Analysis; 6.2.5.3. India Vegan Ice-Cream Market Outlook; 6.2.5.3.1. Market Size & Forecast; 6.2.5.3.1.1. By Value; 6.2.5.3.2. Market Share & Forecast; 6.2.5.3.2.1. By Flavor Market Share Analysis; 6.2.5.3.2.2. By Product Type Market Share Analysis; 6.2.5.3.2.3. By Source Market Share Analysis; 6.2.5.3.2.4. By Distribution Channel Market Share Analysis; 6.2.5.4. Australia Vegan Ice-Cream Market Outlook; 6.2.5.4.1. Market Size & Forecast; 6.2.5.4.1.1. By Value; 6.2.5.4.2. Market Share & Forecast; 6.2.5.4.2.1. By Flavor Market Share Analysis; 6.2.5.4.2.2. By Product Type Market Share Analysis; 6.2.5.4.2.3. By Source Market Share Analysis; 6.2.5.4.2.4. By Distribution Channel Market Share Analysis; 6.2.5.5. South Korea Vegan Ice-Cream Market Outlook; 6.2.5.5.1. Market Size & Forecast; 6.2.5.5.1.1. By Value; 6.2.5.5.2. Market Share & Forecast; 6.2.5.5.2.1. By Flavor Market Share Analysis; 6.2.5.5.2.2. By Product Type Market Share Analysis; 6.2.5.5.2.3. By Source Market Share Analysis; 6.2.5.5.2.4. By Distribution Channel Market Share Analysis
7. North America Vegan Ice-Cream Market Outlook: 7.1. Market Size & Forecast; 7.1.1. By Value; 7.2. Market Share & Forecast; 7.2.1. By Flavor Market Share Analysis; 7.2.2. By Product Type Market Share Analysis; 7.2.3. By Source Market Share Analysis; 7.2.4. By Distribution Channel Market Share Analysis; 7.2.5. By Country Market Share Analysis; 7.2.5.1. United States Vegan Ice-Cream Market Outlook; 7.2.5.1.1. Market Size & Forecast; 7.2.5.1.1.1. By Value; 7.2.5.1.2. Market Share & Forecast; 7.2.5.1.2.1. By Flavor Market Share Analysis; 7.2.5.1.2.2. By Product Type Market Share Analysis; 7.2.5.1.2.3. By Source Market Share Analysis; 7.2.5.1.2.4. By Distribution Channel Market Share Analysis; 7.2.5.2. Canada Vegan Ice-Cream Market Outlook; 7.2.5.2.1. Market Size & Forecast; 7.2.5.2.1.1. By Value; 7.2.5.2.2. Market Share & Forecast; 7.2.5.2.2.1. By Flavor Market Share Analysis; 7.2.5.2.2.2. By Product Type Market Share Analysis; 7.2.5.2.2.3. By Source Market Share Analysis; 7.2.5.2.2.4. By Distribution Channel Market Share Analysis; 7.2.5.3. Mexico Vegan Ice-Cream Market Outlook; 7.2.5.3.1. Market Size & Forecast; 7.2.5.3.1.1. By Value; 7.2.5.3.2. Market Share & Forecast; 7.2.5.3.2.1. By Flavor Market Share Analysis; 7.2.5.3.2.2. By Product Type Market Share Analysis; 7.2.5.3.2.3. By Source Market Share Analysis; 7.2.5.3.2.4. By Distribution Channel Market Share Analysis
8. Europe Vegan Ice-Cream Market Outlook: 8.1. Market Size & Forecast; 8.1.1. By Value; 8.2. Market Share & Forecast; 8.2.1. By Flavor Market Share Analysis; 8.2.2. By Product Type Market Share Analysis; 8.2.3. By Source Market Share Analysis; 8.2.4. By Distribution Channel Market Share Analysis; 8.2.5. By Country Market Share Analysis; 8.2.5.1. United Kingdom Vegan Ice-Cream Market Outlook; 8.2.5.1.1. Market Size & Forecast; 8.2.5.1.1.1. By Value; 8.2.5.1.2. Market Share & Forecast; 8.2.5.1.2.1. By Flavor Market Share Analysis; 8.2.5.1.2.2. By Product Type Market Share Analysis; 8.2.5.1.2.3. By Source Market Share Analysis; 8.2.5.1.2.4. By Distribution Channel Market Share Analysis; 8.2.5.2. Germany Vegan Ice-Cream Market Outlook; 8.2.5.2.1. Market Size & Forecast; 8.2.5.2.1.1. By Value; 8.2.5.2.2. Market Share & Forecast; 8.2.5.2.2.1. By Flavor Market Share Analysis; 8.2.5.2.2.2. By Product Type Market Share Analysis; 8.2.5.2.2.3. By Source Market Share Analysis; 8.2.5.2.2.4. By Distribution Channel Market Share Analysis; 8.2.5.3. France Vegan Ice-Cream Market Outlook; 8.2.5.3.1. Market Size & Forecast; 8.2.5.3.1.1. By Value; 8.2.5.3.2. Market Share & Forecast; 8.2.5.3.2.1. By Flavor Market Share Analysis; 8.2.5.3.2.2. By Product Type Market Share Analysis; 8.2.5.3.2.3. By Source Market Share Analysis; 8.2.5.3.2.4. By Distribution Channel Market Share Analysis; 8.2.5.4. Spain Vegan Ice-Cream Market Outlook; 8.2.5.4.1. Market Size & Forecast; 8.2.5.4.1.1. By Value; 8.2.5.4.2. Market Share & Forecast; 8.2.5.4.2.1. By Flavor Market Share Analysis; 8.2.5.4.2.2. By Product Type Market Share Analysis; 8.2.5.4.2.3. By Source Market Share Analysis; 8.2.5.4.2.4. By Distribution Channel Market Share Analysis; 8.2.5.5. Italy Vegan Ice-Cream Market Outlook; 8.2.5.5.1. Market Size & Forecast; 8.2.5.5.1.1. By Value; 8.2.5.5.2. Market Share & Forecast; 8.2.5.5.2.1. By Flavor Market Share Analysis; 8.2.5.5.2.2. By Product Type Market Share Analysis; 8.2.5.5.2.3. By Source Market Share Analysis; 8.2.5.5.2.4. By Distribution Channel Market Share Analysis
9. Middle East & Africa Vegan Ice-Cream Market Outlook: 9.1. Market Size & Forecast; 9.1.1. By Value; 9.2. Market Share & Forecast; 9.2.1. By Flavor Market Share Analysis; 9.2.2. By Product Type Market Share Analysis; 9.2.3. By Source Market Share Analysis; 9.2.4. By Distribution Channel Market Share Analysis; 9.2.5. By Country Market Share Analysis; 9.2.5.1. Saudi Arabia Vegan Ice-Cream Market Outlook; 9.2.5.1.1. Market Size & Forecast; 9.2.5.1.1.1. By Value; 9.2.5.1.2. Market Share & Forecast; 9.2.5.1.2.1. By Flavor Market Share Analysis; 9.2.5.1.2.2. By Product Type Market Share Analysis; 9.2.5.1.2.3. By Source Market Share Analysis; 9.2.5.1.2.4. By Distribution Channel Market Share Analysis; 9.2.5.2. UAE Vegan Ice-Cream Market Outlook; 9.2.5.2.1. Market Size & Forecast; 9.2.5.2.1.1. By Value; 9.2.5.2.2. Market Share & Forecast; 9.2.5.2.2.1. By Flavor Market Share Analysis; 9.2.5.2.2.2. By Product Type Market Share Analysis; 9.2.5.2.2.3. By Source Market Share Analysis; 9.2.5.2.2.4. By Distribution Channel Market Share Analysis; 9.2.5.3. Turkey Vegan Ice-Cream Market Outlook; 9.2.5.3.1. Market Size & Forecast; 9.2.5.3.1.1. By Value; 9.2.5.3.2. Market Share & Forecast; 9.2.5.3.2.1. By Flavor Market Share Analysis; 9.2.5.3.2.2. By Product Type Market Share Analysis; 9.2.5.3.2.3. By Source Market Share Analysis; 9.2.5.3.2.4. By Distribution Channel Market Share Analysis; 9.2.5.4. South Africa Vegan Ice-Cream Market Outlook; 9.2.5.4.1. Market Size & Forecast; 9.2.5.4.1.1. By Value; 9.2.5.4.2. Market Share & Forecast; 9.2.5.4.2.1. By Flavor Market Share Analysis; 9.2.5.4.2.2. By Product Type Market Share Analysis; 9.2.5.4.2.3. By Source Market Share Analysis; 9.2.5.4.2.4. By Distribution Channel Market Share Analysis
10. South America Vegan Ice-Cream Market Outlook: 10.1. Market Size & Forecast; 10.1.1. By Value; 10.2. Market Share & Forecast; 10.2.1. By Flavor Market Share Analysis; 10.2.2. By Product Type Market Share Analysis; 10.2.3. By Source Market Share Analysis; 10.2.4. By Distribution Channel Market Share Analysis; 10.2.5. By Country Market Share Analysis; 10.2.5.1. Brazil Vegan Ice-Cream Market Outlook; 10.2.5.1.1. Market Size & Forecast; 10.2.5.1.1.1. By Value; 10.2.5.1.2. Market Share & Forecast; 10.2.5.1.2.1.1. By Flavor Market Share Analysis; 10.2.5.1.2.1.2. By Product Type Market Share Analysis; 10.2.5.1.2.1.3. By Source Market Share Analysis; 10.2.5.1.2.1.4. By Distribution Channel Market Share Analysis; 10.2.5.2. Argentina Vegan Ice-Cream Market Outlook; 10.2.5.2.1. Market Size & Forecast; 10.2.5.2.1.1. By Value; 10.2.5.2.2. Market Share & Forecast; 10.2.5.2.2.1.1. By Flavor Market Share Analysis; 10.2.5.2.2.1.2. By Product Type Market Share Analysis; 10.2.5.2.2.1.3. By Source Market Share Analysis; 10.2.5.2.2.1.4. By Distribution Channel Market Share Analysis; 10.2.5.3. Colombia Vegan Ice-Cream Market Outlook; 10.2.5.3.1. Market Size & Forecast; 10.2.5.3.1.1. By Value; 10.2.5.3.2. Market Share & Forecast; 10.2.5.3.2.1.1. By Flavor Market Share Analysis; 10.2.5.3.2.1.2. By Product Type Market Share Analysis; 10.2.5.3.2.1.3. By Source Market Share Analysis; 10.2.5.3.2.1.4. By Distribution Channel Market Share Analysis
11. Market Dynamics: 11.1. Drivers; 11.1.1. Increasing vegan population base; 11.1.2. Changing consumer preferences; 11.1.3. Rising demand for variety of flavours; 11.2. Challenges; 11.2.1. Lack of awareness about vegan ice-cream; 11.2.2. High competition
12. Impact of COVID-19 on Global Vegan Ice-Cream Market: 12.1. Impact Assessment Model; 12.1.1. Key Segments Impacted; 12.1.2. Key Regions Impacted; 12.1.3. Key Countries Impacted; 12.1.4. Key Distribution Channel Impacted
13. Market Trends & Developments: 13.1. Ease of availability; 13.2. Expanding market and promotional strategy; 13.3. Growing diet-consciousness Among Population; 13.4. Rising Preference of Non-dairy Products; 13.5. Technological advancements
14. Porter’s Five Forces Model: 14.1. Competitive Rivalry; 14.2. Bargaining Power of Buyers; 14.3. Bargaining Power of Suppliers; 14.4. Threat of New Entrants; 14.5. Threat of Substitutes
15. SWOT Analysis: 15.1. Strength; 15.2. Weakness; 15.3. Opportunities; 15.4. Threat
16. Competitive Landscape: 16.1. Company Profiles; 16.1.1. Unilever LLC; 16.1.1.1. Company Details; 16.1.1.2. Products & Services; 16.1.1.3. Financial (As per availability); 16.1.1.4. Key Market Focus & Geographical Presence; 16.1.1.5. Recent Development; 16.1.1.6. Key Management Personnel; 16.1.2. Van Leeuwen Ice Cream LLC; 16.1.2.1. Company Details; 16.1.2.2. Products & Services; 16.1.2.3. Financial (As per availability); 16.1.2.4. Key Market Focus & Geographical Presence; 16.1.2.5. Recent Development; 16.1.2.6. Key Management Personnel; 16.1.3. Oatly Group AB; 16.1.3.1. Company Details; 16.1.3.2. Products & Services; 16.1.3.3. Financial (As per availability); 16.1.3.4. Key Market Focus & Geographical Presence; 16.1.3.5. Recent Development; 16.1.3.6. Key Management Personnel; 16.1.4. Wicked Kitchen; 16.1.4.1. Company Details; 16.1.4.2. Products & Services; 16.1.4.3. Financial (As per availability); 16.1.4.4. Key Market Focus & Geographical Presence; 16.1.4.5. Recent Development; 16.1.4.6. Key Management Personnel; 16.1.5. Tofutti Brands, Inc; 16.1.5.1. Company Details; 16.1.5.2. Products & Services; 16.1.5.3. Financial (As per availability); 16.1.5.4. Key Market Focus & Geographical Presence; 16.1.5.5. Recent Development; 16.1.5.6. Key Management Personnel; 16.1.6. Booja-Booja Company Ltd; 16.1.6.1. Company Details; 16.1.6.2. Products & Services; 16.1.6.3. Financial (As per availability); 16.1.6.4. Key Market Focus & Geographical Presence; 16.1.6.5. Recent Development; 16.1.6.6. Key Management Personnel; 16.1.7. Over The Moo; 16.1.7.1. Company Details; 16.1.7.2. Products & Services; 16.1.7.3. Financial (As per availability); 16.1.7.4. Key Market Focus & Geographical Presence; 16.1.7.5. Recent Development; 16.1.7.6. Key Management Personnel; 16.1.8. HP Hood LLC (Plant Oat); 16.1.8.1. Company Details; 16.1.8.2. Products & Services; 16.1.8.3. Financial (As per availability); 16.1.8.4. Key Market Focus & Geographical Presence; 16.1.8.5. Recent Development; 16.1.8.6. Key Management Personnel; 16.1.9. Bliss Unlimited, LLC (Cosmic bliss),; 16.1.9.1. Company Details; 16.1.9.2. Products & Services; 16.1.9.3. Financial (As per availability); 16.1.9.4. Key Market Focus & Geographical Presence; 16.1.9.5. Recent Development; 16.1.9.6. Key Management Personnel; 16.1.10. Little Red Rooster Ice Cream Company (NadaMoo); 16.1.10.1. Company Details; 16.1.10.2. Products & Services; 16.1.10.3. Financial (As per availability); 16.1.10.4. Key Market Focus & Geographical Presence; 16.1.10.5. Recent Development; 16.1.10.6. Key Management Personnel
17. Strategic Recommendations/Action Plan: 17.1. Key Focus Areas; 17.2. Target Product Type; 17.3. Target Distribution Channel
18. About Us & Disclaimer: (Note: The companies list can be customized based on the client requirements.)