The global plant-based ice cream market was worth USD 671.4 million in 2022. It is expected to reach USD 1,006.4 million by 2030 at a CAGR of 4.5% over the period from 2023 to 2030.

The Plant-Based Ice Creams Market is experiencing rapid growth driven by increasing consumer awareness of health and environmental concerns, as well as shifting dietary preferences towards plant-based alternatives. Plant-based ice creams are made from non-dairy ingredients such as almond milk, coconut milk, soy milk, and cashew milk, offering a cruelty-free and lactose-free option for individuals who are vegan, lactose intolerant, or seeking healthier alternatives to traditional dairy ice cream. This market caters to a diverse consumer base looking for indulgent yet guilt-free frozen desserts.

Global Plant-based Ice Creams Market Trend Analysis

Market Driver:

One significant driver in the Plant-Based Ice Creams Market is the rising demand for dairy-free and vegan products due to health and environmental considerations. Concerns over animal welfare, lactose intolerance, and the environmental impact of dairy production have led to a growing number of consumers seeking plant-based alternatives to traditional dairy products, including ice cream. Plant-based ice creams offer similar taste, texture, and indulgence as dairy ice cream while aligning with ethical and sustainable consumption practices, driving their popularity among health-conscious and environmentally-aware consumers.

Market Opportunity:

An emerging market opportunity lies in the expansion of product offerings and flavor varieties to cater to diverse consumer preferences and dietary requirements. Companies in the Plant-Based Ice Creams Market have the opportunity to innovate and develop new flavors, formulations, and packaging formats to attract a wider audience and differentiate their products in a competitive market landscape. Additionally, there is an opportunity to capitalize on growing consumer interest in functional ingredients and superfoods by incorporating ingredients such as fruits, nuts, seeds, and plant-based proteins into plant-based ice cream formulations, offering added nutritional benefits and appeal to health-conscious consumers.

The Major Players Covered In The Plant-Based Ice Creams Market Report Are:

Ben & Jerry's (United States),Häagen-Dazs (United States),So Delicious Dairy Free (United States),Alpro (Belgium),NadaMoo! (United States),Oatly (Sweden),Coconut Bliss (United States),Perfect Day (United States),Nush Foods (United Kingdom),Van Leeuwen (United States),Nobó (Ireland),Daiya Foods (Canada),Booja-Booja (United Kingdom),Eclipse Foods (United States),Tofutti Brands Inc. (United States),Arctic Zero (United States),Three Twins Ice Cream (United States),Dream (United States),Talenti (United States),Revelé (United States),Oat & Mill (Canada),Sweet Ritual (United States),Frankie & Jo's (United States),Oat of the Ordinary (United States),Mister Dewie's (United States).

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Market Segmentation:

By Form

·         Blends

·         Singles

By Flavour

·         Beans

·         Nuts

·         Fruits

·         Herbs

By Packaging Type

·         Tubs

·         Cones

·         Bars

By Source

·         Coconut Milk

·         Soy Milk

·         Almond Milk

·         Cashew Milk

By Distribution Channel

·         Supermarkets and Hypermarkets

·         Convenience stores

·         Specialty stores

·         Online retail

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By Region:

• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

Report Objectives:

·         To describe and forecast the global Plant-Based Ice Creams Market by service type, type, security type, organization size, vertical, and region

·         To analyze the subsegments of the market concerning individual growth trends, prospects, and contributions to the overall market

·         To provide detailed information related to major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market

·         To analyze the opportunities in the market for stakeholders and provide the competitive landscape details of major players.

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