Plant-Based Ice Cream Market Trends, Demand, Opportunities and Forecast By 2029
An international Plant-Based Ice Cream market analysis report brings into focus the key market dynamics of the sector. A range of definitions and classification of the Food & Beverage industry, applications of the Food & Beverage industry and chain structure are given in the report. This market report offers an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. Plant-Based Ice Cream market is supposed to rise during the forecast period due to growing demand at the end user level. The data and insights from Plant-Based Ice Cream marketing report suggest that new highs will take place in the market in 2021-2028.
Data Bridge Market Research analyses that the plant-based ice cream market was valued at USD 2606.6 million in 2021 and is expected to reach the value of USD 27915.97 million by 2029, at a CAGR of 34.50% during the forecast period of 2022-2029.
Browse Full Report Along With Facts and Figures @ t https://www.databridgemarketresearch.com/reports/global-plant-based-ice-cream-market
Market Overview:
Plant-based ice creams, also known as vegan ice creams, can help you lose weight, lower your risk of cardiovascular disease, and improve the texture of your skin. It is made from soy milk, coconut milk, almond milk, cashew milk, and other ingredients obtained from plants. It comes in a variety of flavours, including chocolate, orange, coconut, caramel, strawberry, and others.
Plant-Based Ice Cream Market Dynamics
Drivers
Rising popularity of low-fat desserts
In the coming years, the growing demand from the health and fitness enthusiast population for low sugar, low processed ingredient based, and label free desserts will positively affect the growth of the global plant-based ice cream market. Furthermore, rising consumption of non-dairy desserts, Keto-friendly ice cream cakes, and fruit bars for various purposes (snacks, protein, energy, etc.) are propelling demand and positively affecting sales in the global plant-based ice cream market.
Rising disposable income and rising urbanisation
Furthermore, the focus of manufacturers on developing and marketing new 'clean label' and 'label free' plant based ice cream products is driving the growth of the global plant based ice creams market in the coming years. Although the high cost of these products in the global plant-based ice cream market when compared to conventional products is a significant restraining factor for the industry, rising popularity of these products is expected to fuel demand in the coming years.
Opportunity
Increasing plant-based ice cream sales, primarily through online platforms, as online retailers offer a wide variety of plant-based ice cream, will accelerate the plant-based ice cream market's growth rate.
Some of the major players operating in the plant-based ice cream market are:
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Chr. Hansen Holding A/S (Denmark)
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Yakult Honsha Co., Ltd (Japan)
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Nestlé (Switzerland)
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DuPont (US)
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MORINAGA & CO., LTD (Japan)
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BioGaia AB (Sweden)
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Protexin (UK)
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Daflorn Probiotics UK (UK)
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DANONE (France)
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Yakult U.S.A. Inc. (US)
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Deerland Enzymes, Inc. (US)
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UAS Laboratories (US)
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Goerlich Pharma GmbH (Germany)
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SANZYME BIOLOGICS PVT. LTD. (India)
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DSM (Netherlands)
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NutraScience Labs (US)
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