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Non-Dairy Ice Cream Global Market Analysis, Trends, Growth, Research And Forecast 2033
Non-Dairy Ice Cream Global Market
As per the report, the non-dairy ice cream market size has grown rapidly in recent years. It will grow from $0.93 billion in 2023 to $1.03 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The non-dairy ice cream market size is expected to see rapid growth in the next few years. It will grow to $1.57 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%.
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Rise In Vegan Population Fuels Non-Dairy Ice Cream Market Growth
An increasing vegan population is expected to propel the growth of the non-dairy ice cream market going forward. The vegan population refers to individuals who adhere to a lifestyle and diet that excludes animal-derived products. The rise in the vegan population is attributed to growing concerns about animal welfare, environmental sustainability, and personal health. Non-dairy ice cream is a popular choice among the vegan population. It provides a delicious frozen dessert option that aligns with a plant-based lifestyle while offering diverse flavors and creamy textures without animal products. For instance, in January 2023, according to a report published by the United States Department of Agriculture, a US-based federal department responsible for various aspects including farming, forestry, and food, it was highlighted that in Germany, nearly 8 million people adhered to a vegetarian diet, with 1.58 million identifying as vegan in 2022. Moreover, approximately 55% of the population in Germany is classified as part-time vegetarians or flexitarians, demonstrating a growing concern about meat consumption. Therefore, the increasing vegan population is driving the growth of the non-dairy ice cream market.
Innovative Offerings Driving Revenue Growth In The Market
Major companies operating in the vegan ice cream market prioritize innovative products with sorbet centers to maximize their offerings and to expand their product portfolio. A sorbet center in ice cream is a flavorful, frozen, fruit-based filling surrounded by a creamy ice cream exterior. For instance, in February 2024, Magnum, a Unilever PLC brand, a UK-based consumer goods company, launched the vegan blueberry cookie ice cream with sorbet centre. It features a vegan vanilla biscuit-flavored ice cream wrapped in a vegan chocolate coating with crunchy cookie pieces and a fruity blueberry sorbet core, making it suitable for those following a vegan diet.
The non-dairy ice cream market covered in this report is segmented -
1) By Flavor: Chocolate, Caramel, Coconut, Vanilla, Coffee, Fruit, Cookies And Cream, Strawberry, Other Flavors
2) By Source: Coconut Milk, Almond Milk, Cashew Milk, Soy Milk, Oat Milk, Other Sources
3) By Packaging Type: Bottle, Cans
4) By Distribution Channel: Supermarkets, Convenience Stores, Food And Drink Specialists, Restaurants, Online Stores, Other Distribution Channels
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Major companies operating in the non-dairy ice cream market are Nestlé S.A., The Hain Celestial Group Inc., Ben & Jerry's Homemade Holdings Inc, Oatly Group AB, Jeni's Splendid Ice Creams, Reuben and Rose Mattus, Perfect Day Inc., Perry's Ice Cream, Daiya Foods Inc., Magnum, Arctic Zero, Talenti Gelato LLC, Frankie & Jo's LLC, Tofutti Brands Inc., So Delicious Dairy Free, Coolhaus, Happy Cow Ltd (HCL), NadaMoo, Breyers, Bliss Unlimited LLC, Booja-Booja Company Ltd, Over The Moo, Oat & Mill
Contents of the report:
1. Executive Summary
2. Non-Dairy Ice Cream Market Report Structure
3. Non-Dairy Ice Cream Market Trends And Strategies
4. Non-Dairy Ice Cream Market - Macro Economic Scenario
5. Non-Dairy Ice Cream Market Size And Growth
…..
27. Non-Dairy Ice Cream Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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