Global Plant-based Ice Creams Market size expected to reach USD 987.25 Million with CAGR 4.8 % by 2032 according to a New Research Report 2024.

The global plant-based ice cream market was worth USD 678.48 million in 2023. It is expected to reach USD 987.25 Million by 2032 at a CAGR of 4.8% over the period from 2024 to 2032.

Freezer desserts prepared with plant-based ice cream don't contain any ingredients originating from animals. Dairy items like milk and cream are frequently added to traditional ice cream, along with eggs. Conversely, plant-based ice creams employ plant-based substitutes to provide a delightful and creamy frozen dessert.
The market has been greatly influenced by consumers' increasing desire for wholesome and environmentally friendly food options. People are searching for dairy-free ice cream substitutes in greater numbers as they become more conscious of the environmental effects and potential health risks associated with their dietary choices. Because they don't include lactose and are low in saturated triglycerides, plant-based ice creams satisfy these dietary restrictions while yet allowing for guilt-free enjoyment.
To produce plant-based ice creams, non-dairy ingredients are used such as cashew milk, almond milk, coconut milk and soy milk among others. They helps lose weight, prevent heart disease, and improve the appearance of skin; they are also known as "vegan ice creams". The plant-based ice creams come in a variety of Flavors such as caramel, chocolate, coconut, citrus and strawberry.

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The latest report on the Plant-based Ice Creams Market provides a detailed analysis of the market for the years 2024 to 2032. It presents a comprehensive overview of the global Oilfield Chemical industry, incorporating all key industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the UHT Milk Packaging market. Moreover, the research covers crucial chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to grasp the market direction and development in the present and forthcoming years.

Global Plant-based Ice Creams Market Trend Analysis

The Growing Number of People Adopting Vegan and Vegetarian Lifestyles

• The surge in individuals embracing vegan and vegetarian lifestyles has significantly propelled the plant-based ice cream market. This growing consumer base, driven by health, environmental, and ethical considerations, has fueled the demand for dairy-free alternatives. Plant-based ice creams, crafted from ingredients like coconut milk, almond milk, or soy, cater to this expanding market segment seeking cruelty-free and sustainable options.
Health and Wellness Trend Creates an Opportunity for Global Plant-based Ice Creams Market

• The Health and Wellness trend presents a significant opportunity for the plant-based ice cream market. As consumers increasingly prioritize their well-being, there has been a notable shift towards healthier food choices. Plant-based ice creams, made from ingredients such as almond milk, coconut milk, or soy, align perfectly with this growing demand for nutritious yet indulgent treats.

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Global Plant-based Ice Creams Market Segment Analysis:

By Form
• The Blends segment of plant-based ice cream experiencing rapid growth due to there's a growing awareness of health and environmental concerns associated with traditional dairy products. Plant-based blends offer a healthier alternative, often containing lower levels of saturated fats and cholesterol while being rich in nutrients like vitamins, minerals, and fiber. Application

By Flavour
• Beans such as chickpeas, black beans, and lentils are rich in protein and fiber, making them attractive options for health-conscious consumers seeking alternatives to traditional dairy ice creams. These beans provide a creamy texture and a subtle, nutty flavor that appeals to a wide range of taste preferences.

Global Plant-based Ice Creams Market Top Key Players:
• Ben & Jerry's (United States)
• Häagen-Dazs (United States)
• So Delicious Dairy Free (United States)
• Alpro (Belgium)
• NadaMoo! (United States)
• Oatly (Sweden)
• Coconut Bliss (United States)
• Perfect Day (United States)
• Nush Foods (United Kingdom)
• Van Leeuwen (United States)
• Nobó (Ireland)
• Daiya Foods (Canada)
• Booja-Booja (United Kingdom)
• Eclipse Foods (United States)
• Tofutti Brands Inc. (United States)
• Arctic Zero (United States)
• Three Twins Ice Cream (United States)
• Dream (United States)

Key Industry Developments in the Global Plant-based Ice Creams Market:
• In January 2024, Greenyard acquired Crème de la Crème to expand its reach into the plant-based food sector. Crème de la Crème boasts 25 years of experience and a vast product portfolio, including private label ice creams for major brands. Their products have a global presence, reaching markets in the Middle East and East Asia. This acquisition strengthens Greenyard's position in the growing plant-based food market, particularly in the ice cream segment.
• In May 2023, Häagen-Dazs launched a new vegan-friendly technique to enjoy its classic frozen sweets. This new oat-based line, designed for flexitarians aiming to incorporate more plants to their diet, aims to exceed preconceptions of what plant-based frozen treats may taste like.

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