The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
The latest report by IMARC, titled “ Vegan Ice Cream Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 -2028
” " the global vegan ice cream market reached a value of US$ 639.5 Million in 2022.
Vegan ice cream is a dessert made from animal-free, natural, and plant-based ingredients. It is prepared using maple syrup, pea proteins, fava beans, and plant-based milk, such as almond, soy, cashew, coconut, and rice milk. Vegan ice cream is commercially available in several flavors, such as chocolate, strawberry, pistachio, coffee hazelnut, blackberries, raspberries, and mint chip.
Generally consumed by the vegan population, it exhibits a smaller carbon footprint and is more environmentally sustainable while offering similar taste and quality. As compared to traditional dairybased ice cream, vegan ice cream is highly nutritious and contains fewer calories, lower fat, and less sugar. It also assists in weight loss and easy digestion, improves skin, and provides a suitable alternative for individuals on various diets, such as keto, low-fat, and vegan.
Request Free Sample Report: https://www.imarcgroup.com/vegan-ice-cream-market/requestsample
The emerging trend of veganism due to rising health consciousness among the masses is one of the primary factors driving the market growth. Vegan ice cream is widely consumed by wellness-oriented individuals as it supports detoxification, promotes glowing skin, improves heart function, supports hair growth, boosts energy, and uplifts mood. In addition, rising product adoption due to increasing consumer awareness regarding ethical consumption, animal cruelty, and the promotion of animal rights is acting as another growth-inducing factor. Furthermore, increasing product demand as a safe and suitable alternative for individuals suffering from lactose intolerance and dairy allergies that cause vomiting, hives, stomach problems, and diarrhea is providing a considerable boost to market growth.
Additionally, the introduction of gluten-free product variants formulated from natural ingredients without using emulsifiers, artificial colors, and stabilizers is creating a positive outlook for market growth. Moreover, aggressive promotional campaigns by leading manufacturers through advertisements and the launch of premium products in exotic flavors, such as lemon poppy seeds, pink champagne, and chai tea coconut, are providing an impetus to market growth. Other factors, including rising expenditure capacities of consumers, easy product availability across various ecommerce platforms, and extensive research and development (R&D) activities to study the product's health benefits, are anticipated to drive the market toward growth. On account of the aforementioned factors, the market value is expected to reach US$ 878.2 Million by 2028, exhibiting a CAGR of 5% during 2023-2028.
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Market Summary:
Breakup by Source:
• Coconut Milk
• Soy Milk
• Almond Milk
• Cashew Milk
Breakup by Flavor:
• Chocolate
• Caramel
• Coconut
• Vanilla
• Coffee
• Fruit
Breakup by Sales Type:
• Impulse
• Take Home
• Artisanal
Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Convenience Stores
• Online Stores
• Others
Breakup by Region:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
Competitive Landscape with Key Players:
• Arctic Zero
• Booja-Booja
• Double Rainbow Ice Cream
• HappyCow
• Morrisons
• NadaMoo!
• Over The MOO
• Perry's Ice Cream
• SorBabes
• Tofutti Brands Inc.
• Unilever PLC
• Van Leeuwen Ice Cream
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/vegan-ice-cream-market
We are the trusted business partners to the world's leading corporates, governments, and institutions
We are the trusted business partners to the world's leading corporates, governments, and institutions
© 2019 IMARC All Rights Reserved
This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).
Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.
IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
