Non Dairy Ice Cream Market Size & Share Analysis | Industry Report, 2020-2027

Growth opportunities in the non-dairy ice cream market look promising over the next six years. This is mainly due to the increasing plant-based milk production, expanding ice cream consumption, rising commercialization, surging health awareness, the growing frequency of lactose intolerance, and continuous expansion of the distribution channels.

Request for a FREE Sample Report on Non-Dairy Ice Cream Market - https://www.gmiresearch.com/report/non-dairy-ice-cream-market/sample-request

Non-Dairy Ice Cream Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The crucial factors boosting the global Non-dairy ice cream market's growth are the augmenting prevalence of lactose intolerance, rising health awareness, and other milk-related health issues among consumers. The increasing commercialization, accompanied by the expansion in plant-based milk production, is anticipated to strengthen the market over the coming years. The surging ice cream consumption, especially in European countries, encourages manufacturers to emphasize product innovation and gain a competitive advantage over the other market players. For example, Ben & Jerry's launched various flavors, including the chocolate chunky monkey, fudge brownie, and peanut butter ice cream, to capture the UK consumers' altering demand, who are looking for enhanced flavors and taste.

Moreover, the ongoing expansion in the distribution channels amid the market players will create new opportunities in the market, hence stimulating the demand for non-dairy ice creams throughout the world. The consumer-specific marketing strategies opted by several multinational giants accelerate the market demand by focusing on the product's quality and health benefits, thereby attracting new consumers. However, the major factor restraining the growth of the market is increasing awareness among consumers about the side effects of the ingredients used by the manufacturers to increase the preservation period.

To Know More About Non Dairy Ice Cream Market - https://www.gmiresearch.com/report/non-dairy-ice-cream-market/

Regional Drivers

Based on the Region, the Asia-Pacific is expected to dominate the market over the forecast period owing to the augmenting consumption levels of ice creams along with the rapid growth in the population rate, specifically in developing countries like India and China. The growing number of brand offerings and the high-disposable income of middle-class families will persuade consumers to choose convenient food products.

On the other hand, the North America region is projected to expand at a faster CAGR during the forecast period because of the increasing trend of lactose-free diet patterns to avoid the epidemic risk of lactose-intolerance allergies and inflammations. Additionally, the rising adoption of the vegan diet and the easy availability of ice creams at several retail outlets will further fuel the demand of the market. Various key players are largely focusing on product expansion, explicitly in the United States and Canada, creating market opportunities to boost the market growth.

Non-Dairy Ice Cream Market’s leading Manufacturers:

• Dunkin’ Brands
• Bliss Unlimited, LLC
• Swedish Glace, Unilever
• Trader Joes
• Tofutti Brands Inc.
• Danone S.A.
• Unilever
• NadaMoo
• Eden Creamery LLC.
• General Mills Inc.

Non-Dairy Ice Cream Market Segmentation:

Segmentation by Source:
• Coconut Milk
• Almond Milk
• Cashew Milk
• Soy Milk
• Other sources

Segmentation by Flavor:
• Vanilla
• Chocolate
• Butter Pecan
• Strawberry
• Neapolitan
• Cookies & Cream
• Mint Choco Chip
• Caramel
• Other flavors

Segmentation by Product:
• Impulse
• Artisanal
• Take Home

Segmentation by Form:
• Singles
• Blends

Segmentation by Distribution Channel:
• Supermarkets
• Convenience Stores
• Food & Drink Specialists
• Restaurants
• Online Stores
• Other Distribution Channels

Segmentation by Region:

• North America
o United States of America
o Canada

• Asia Pacific
o China
o Japan
o India
o Rest of APAC

• Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe

• RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)

Media Contact

Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

This release was published on openPR.