Rise In Vegan Population Fuels Non-Dairy Ice Cream Market Growth: Strengthening the Growth Trajectory of the Non-Dairy Ice Cream Market

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What Is the Expected CAGR for the Non-Dairy Ice Cream Market Through 2025?
In recent times, the size of the non-dairy ice cream market has expanded significantly. The market is projected to swell from $1.03 billion in 2024 to reach $1.15 billion in 2025, reflecting a compound annual growth rate (CAGR) of 11.3%. Factors contributing to this growth in the past include shifting demographics, diversity in culture, evolving dietary choices, influence of celebrities and influencers, and the inclusion of these products in restaurant and dessert menus.

What's the Projected Size of the Global Non-Dairy Ice Cream Market by 2029?
The market for non-dairy ice cream is projected to experience a swift expansion in the coming years, reaching a value of $1.75 billion by 2029 with a compound annual growth rate (CAGR) of 11.0%. Government regulations, competitive pricing, availability of allergen-free options, strategic investments and marketing, as well as a variety of flavors contribute to the growth in the prediction period. Major trends during the projection period include innovation in ingredient use, product development, collaboration and partnerships, premium offerings, incorporation of health-benefitting ingredients, and creative packaging.

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Top Growth Drivers in the Non-Dairy Ice Cream Industry: What's Accelerating the Market?
The anticipated growth in the non-dairy ice cream sector is largely driven by the expanding size of the vegan community. This group consists of people who exclude animal products from their lives and diets, prompted by concerns over animal welfare, personal health, and environmental sustainability. Non-dairy ice cream appeals to this demographic, as it offers a variety of flavours and creamy textures without compromising a plant-based dietary concept. The United States Department of Agriculture, for example, published a report in January 2023 stating that, in Germany, nearly 8 million individuals adhered to a vegetarian diet, with 1.58 million self-identifying as vegans in 2022. Additionally, roughly 55% of Germans are categorised as part-time vegetarians or flexitarians, indicating a rising concern about meat consumption. Thus, the swelling vegan population is fuelling the non-dairy ice cream market's uptrend.

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What Trends Will Shape the Non-Dairy Ice Cream Market Through 2029 and Beyond?
Major corporations in the vegan ice cream market are focusing on novelty products with sorbet centers to broaden their product range and enhance their offerings. A sorbet center consists of a fruity, frozen filling within a creamy exterior of ice cream. A clear example of this, is the vegan blueberry cookie ice cream with a sorbet center released by Magnum, a brand of Unilever PLC, a consumer goods company based in the UK. In February 2024, this product, consisting of a vegan vanilla biscuit-flavored ice cream covered in a vegan chocolate shell with crunchy cookie bits and a blueberry sorbet heart, hit the market, catering specially to individuals adhering to a vegan lifestyle.

What Are the Main Segments in the Non-Dairy Ice Cream Market?
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

Subsegments:
1) By Chocolate: Dark Chocolate, Milk Chocolate (Non-dairy Version), Chocolate Fudge, Chocolate Mint, Chocolate Hazelnut
2) By Caramel: Salted Caramel, Caramel Swirl, Caramel Pecan, Caramel Toffee
3) By Coconut: Coconut Milk, Coconut Cream, Coconut Almond, Coconut Pineapple
4) By Vanilla: Classic Vanilla, Vanilla Bean, Madagascar Vanilla, Vanilla Cinnamon
5) By Coffee: Mocha Coffee, Espresso, Coffee Caramel, Coffee Chocolate Chip
6) By Fruit: Mango, Raspberry, Blueberry, Strawberry-Banana, Peach, Pineapple, Lemon, Mixed Berry
7) By Cookies And Cream: Chocolate Cookie, Oreo-Style Cookies, Chocolate Chip Cookies, Sugar Cookie
8) By Strawberry: Classic Strawberry, Strawberry Cheesecake, Strawberry Banana, Strawberry Lemonade
9) By Other Flavors: Peanut Butter, Almond Joy, Matcha Green Tea, Churro, Mint Chip, Brownie Batter, Tiramisu, Maple Pecan, Cookie Dough

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Which Top Companies are Driving Growth in the Non-Dairy Ice Cream Market?
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

Which Regions Will Dominate the Non-Dairy Ice Cream Market Through 2029?
North America was the largest region in the non-dairy ice cream market in 2023. The regions covered in the non-dairy ice cream market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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