Future of Frozen Desserts: Plant-Based Ice Cream Market Forecast and Emerging Innovations 2025-2032

Plant-Based Ice Cream Market Size reached US$ 1.05 billion in 2024 and is expected to reach US$ 1.83 billion by 2032, growing with a CAGR of 7.21% during the forecast period 2025-2032.

The Plant-Based Ice Cream Market offers dairy-free frozen desserts made from almond, oat, soy, coconut, and other plant-based ingredients. Growing veganism, lactose intolerance, and demand for sustainable foods are major growth drivers. Consumers are increasingly drawn to healthier indulgence options. Innovation in flavors, textures, and functional add-ins is helping brands expand their reach. Retail chains and e-commerce platforms are boosting availability globally. The market also benefits from rising environmental awareness and clean-label product preferences.

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☛ Plant-Based Ice Cream Market Recent Developments 2025:

United States: Recent Industry Developments

✅ In September 2025, Magnum (Unilever) announced a collaboration with NotCo to use AI in reformulating and launching new plant-based ice cream products, aiming to reduce sugar and synthetic ingredients.

✅ In June 2025, Phoenix-based Bubbies Ice Cream (known for mochi ice cream) was acquired by Japan's Marubeni Corp, enabling further expansion of its frozen novelties - including dairy-free offerings.

✅ In 2022, Eclipse Foods raised over $40 million in Series B funding to scale its plant-based dairy/ice cream platform and expand innovation across frozen desserts.

Japan: Recent Industry Developments

✅ In August 2025, Japanese food-tech startup Kinish launched The Rice Creamery, a rice-based plant-based ice cream line claiming 60 % less sugar and 62 % lower emissions vs dairy.

✅ In August 2025, Kinish disclosed that it had earlier raised ¥120 million in seed funding (≈ USD 800k) to support its molecular farming & ice cream R&D efforts.

✅ In January 2024, the Japanese government allocated USD 27.7 million in funding to support plant-based and cultivated protein ventures - accelerating investment in brands like those exploring non-dairy ice creams.

☛ Plant-Based Ice Cream Market Trends:

The plant-based ice cream market is expanding due to rising lactose intolerance cases, veganism, and consumer preference for dairy alternatives. Innovative flavors and formulations using almond, oat, and coconut milk are driving product adoption.

Growing availability of plant-based desserts in retail and foodservice channels is fueling market penetration. Clean-label trends and investments from major ice cream brands into vegan product lines are accelerating global expansion.

☛ Plant-Based Ice Cream Market Competitve Landscape:

Nestlé S.A., Danone S.A., The Häagen-Dazs Shop Company, Inc., So Delicious Dairy Free, Ben & Jerry's Homemade, Inc., Oatly Group AB, Tofutti Brands, Inc., NadaMoo!, Eclipse Foods, Inc., and The Hain Celestial Group, Inc.

Research Methodology

We follow a hybrid research approach, combining qualitative insights with rigorous quantitative analysis to deliver reliable and comprehensive market intelligence. Our process begins with extensive secondary research, drawing on trusted industry reports, proprietary databases, and credible market sources. This is then reinforced through targeted primary research, including structured surveys and in-depth interviews with industry leaders, subject matter experts, and key market participants.

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☛ Segment Covered in the Plant-Based Ice Cream Market:

By Flavor: Chocolate | Vanilla | Strawberry | Mango | Others

By Source: Almond Milk | Soy Milk | Coconut Milk | Oat Milk | Cashew Milk | Rice Milk | Others

By Packaging Type: Tubs | Cups | Bar/Sticks | Multi-Packs | Others

By Distribution Channel: Supermarkets/Hypermarkets | Specialty Stores | Online Channel | Others

☛ This Report Includes:

✔ Comprehensive go-to-market strategies with actionable insights.

✔ Unbiased evaluation of overall market performance.

✔ Deep-dive analysis into development trends, competitive landscape, supply-demand dynamics, YoY growth, benchmarking, vendor mapping, market access, and overall progress.

✔ Tailored regional and country-level reports with detailed localized analysis available on request.

✔ Identification of niche segments and high-growth regions presenting strong opportunities.

✔ Accurate regional forecasts using both top-down and bottom-up approaches.

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☛ Regional Analysis for Plant-Based Ice Cream Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

☛ Frequently asked questions:

➠ What is the global sales, production, consumption, import, and export value of the Plant-Based Ice Cream Market?
➠ Who are the key global manufacturers, and what is their operational performance?
➠ What are the major opportunities and threats in the global Plant-Based Ice Cream Market?
➠ Which product types or end-users show the most growth potential and market share?
➠ What challenges and constraints are impacting the Plant-Based Ice Cream Market?
➠ What sales, marketing, and distribution channels are used globally?

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