Press release
Non-Dairy Frozen Desserts Market Size CAGR of 8.7%, Opportunities, Segmentation, Assessment and Competitive Strategies by 2032
Non-Dairy Frozen Dessert Market size was valued at USD 5.43 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.7% from 2022 to 2030. The demand for the product is being driven by consumers' progressive switch from frozen dairy products to non-dairy alternatives. Because plant-based diets are high in protein, have less calories, and support healthy cholesterol levels, consumers are adopting them in greater numbers. Over the course of the projection period, socialisation trends, greater health consciousness, and an increase in lactose intolerance and other dairy-related health problems are all expected to contribute to the industry's expansion.Consumers in the U.S., particularly millennials, have been gradually adopting, and this trend is expected to continue over the course of the projection period. Growing commercialization and consumers' increasing propensity for plant-based milk are two key factors boosting demand for frozen desserts made without dairy. Rapid technological improvement, new sources of raw materials, and industry-evolving taste and texture difficulties will all contribute to a strong market outlook.
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The potential advantages for general health and the immune system are yet unknown to many customers. However, companies have a huge opportunity in the coming years to educate customers about gut health. According to a 2017 analysis from the National Library of Medicine, a plant-based diet is good for people's health because it encourages the growth of more stable and diverse microbial communities. In order to create new goods with improved taste and texture, market participants are enhancing their marketing methods, studying the specific health outcomes, and interacting with consumers.
Global Non-Dairy Frozen Desserts Market: By Key Players
Hain Celestial
Cool Delight Desserts
Daiya Foods
Arla Foods
Sunopta
Archer Daniels Midland
Unilever
Global Non-Dairy Frozen Desserts Market: By Types
Soy Milk
Rice Milk
Almond Milk
Coconut Milk
Fruit Puree & Pulp
Global Non-Dairy Frozen Desserts Market: By Applications
Children
Adults
Senior Citizens
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Global Non-Dairy Frozen Desserts Market: Regional Analysis
The countries covered in the regional analysis of the Global market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
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• Market dynamics scenario, along with growth opportunities of the market in the years to come
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Historical, current, and projected market size, in terms of value
In-depth analysis of the Non-Dairy Frozen Desserts Market
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
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