The vegan ice cream global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Vegan Ice Cream Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The vegan ice cream market size has grown strongly in recent years. It will grow from $0.67 billion in 2023 to $0.72 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to changing demographics, cultural diversity and dietary preferences, celebrity endorsements and influencers, and restaurant and dessert menu inclusions.
The vegan ice cream market size is expected to see strong growth in the next few years. It will grow to $0.99 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to government regulations, price competitiveness, allergen-free options, investment and marketing, and flavor diversity. Major trends in the forecast period include innovation in ingredients, product innovation, collaborations and partnerships, premiumization, functional ingredients, and innovative packaging.
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Scope Of Vegan Ice Cream Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Vegan Ice Cream Market Overview
Market Drivers –
Major Driver Impacting Market Growth
Market Trends –
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 vegan ice cream market covered in this report is segmented –
1) By Source: Coconut Milk, Almond Milk, Cashew Milk, Soy Milk
2) By Product: Impulse, Artisanal, Take Home
3) By Form: Singles, Blends
4) By Flavor: Vanilla, Chocolate, Butter Pecan, Strawberry, Neapolitan, Cookies And Cream, Mint Chocolate Chip, Caramel
5) By Distribution Channel: Supermarkets, Convenience Stores, Food And Drink Specialists, Restaurants, Online Stores
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Regional Insights –
North America was the largest region in the vegan ice cream market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the vegan ice cream market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the vegan ice cream market are Nestlé S.A., McDonald’s Corporation, The Hain Celestial Group Inc., Wells Enterprises, Ben & Jerry’s Homemade Holdings Inc., Oatly Group AB, JENI’S SPLENDID ICE CREAMS LLC, Perfect Day Inc., PERRY’S ICE CREAM CO INC., VAN LEEUWEN ICE CREAM LLC, Tofutti Brands Inc., So Delicious Dairy Free, Coolhaus, Happy Cow Limited, NadaMoo, Bliss Unlimited LLC, Booja-Booja Company Ltd, Over The Moo, Frankie & Jo’s LLC, Three Twins Organic Inc., Oat & Mill, McConnell’s Fine Ice Creams
Table of Contents
1. Executive Summary
2. Vegan Ice Cream Market Characteristics
3. Vegan Ice Cream Market Trends And Strategies
4. Vegan Ice Cream Market – Macro Economic Scenario
5. Global Vegan Ice Cream Market Size and Growth
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32. Global Vegan Ice Cream Market Competitive Benchmarking
33. Global Vegan Ice Cream Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Vegan Ice Cream Market
35. Vegan Ice Cream Market Future Outlook and Potential Analysis
36. Appendix
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