Global Dairy-Free Ice Cream Market was estimated at 490 (USD Million) in 2019 and is set to record a CAGR of nearly 15.2% over 2020-2026.
The global Dairy-Free Ice Cream Market was estimated at 490 (USD Million) in 2019 and is set to record a CAGR of nearly 15.2% over 2020-2026. The report offers valuation and analysis of Dairy-Free Ice Cream market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Million).
Overview
Dairy-free ice cream includes high lipid contents, carbohydrates, casein, vitamins, and albumin. Massive inclination towards vegan lifestyles with rising health awareness will drive the market growth over the ensuing years. Moreover, high per capita ice-cream intake in the countries like the U.S. and Europe will prompt the product penetration in these regions.
Surge in awareness pertaining to good health, rise in the cases of lactose intolerance & other milk-related issues, and socializing trends will boost the industry growth over the forecast timespan. With a prominent spur in commercial activities and rise in the plant-based milk production, the market for dairy-free ice cream is slated to gain traction in the years ahead.
Source Trends
Based on source, the dairy-free cream market is segmented into coconut milk, soy milk, and almond milk. Furthermore, almond milk segment is predicted to expand rapidly at a rate of nearly 15.5% during the period from 2020 to 2026. The segmental growth is attributed to high use of almond milk for producing vegan items most prominently consumed in the North American countries.
Flavor Trends
On the basis of flavor, the dairy-free cream industry is divided into chocolate, strawberry, and vanilla. Moreover, chocolate flavor is likely to dominate the flavor segment during the estimated timespan and will register a CAGR of nearly 14.9% during the projected timeframe. The growth can be credited to massive popularity of chocolate flavor among both the youth population as well as the old population in Western countries as well as Asian countries.
Distribution Channel Trends
Based on the distribution channel, the dairy-free ice cream industry is sectored into convenience stores, online, and supermarket/hypermarket. Furthermore, supermarket/hypermarket is set to lead the distribution channel segment over the coming years due to access to wide range of products in the supermarkets or hypermarkets. Apart from this, comparison of products and its prices can also be made in the supermarket or hypermarket stores and this will further augment the segmental growth over the foreseeable future.
Regional Trends
The North American market, which contributed major market share in 2018, is set to register a growth rate of over 10% during the estimated timeline. The regional market expansion over the estimated timespan is owing to changing customer preferences towards healthy eating habits as well as intake of vegan diet in the continent. Launching of new flavors and easy availability of dairy-free flavored frozen desserts will further embellish the regional market trends. Apart from this, the willingness of the customers in the continent to pay more prices for nutritious items will boost the business landscape over the forecast timespan. Additionally, presence of giant industry players in the region will further boost the market growth in the region over the forecast timeframe.
Key players influencing the market growth are Tofutti Brands, Inc., Unilever, Bliss Unlimited LLC, General Mills, Inc., and Booja- Booja.
The global dairy-free ice cream market is segmented as follows:
By Source
By Flavor
By Distribution Channel
By Region
List of Figures
1. Market research process
2. Market research methodology
3. Global Dairy-Free Ice Cream Market, 2016–2026 (USD Million)
4. Porter’s Five Forces Analysis
5. Global Dairy-Free Ice Cream Market attractiveness, By Distribution Channel
6. Global Dairy-Free Ice Cream Market attractiveness, By Flavor
7. Global Dairy-Free Ice Cream Market attractiveness, By Source
8. Global Dairy-Free Ice Cream Market Share by Distribution Channel ,2019 and 2026 (USD Million)
9. Global Dairy-Free Ice Cream Market by Online ,2016–2026 (USD Million)
10. Global Dairy-Free Ice Cream Market by Convenience Stores ,2016–2026 (USD Million)
11. Global Dairy-Free Ice Cream Market by Supermarket/Hypermarket,2016–2026 (USD Million)
12. Global Dairy-Free Ice Cream Market Share By Flavor,2019 and 2026 (USD Million)
13. Global Dairy-Free Ice Cream Market by Vanilla,2016–2026 (USD Million)
14. Global Dairy-Free Ice Cream Market, By Strawberry, 2016–2026 (USD Million)
15. Global Dairy-Free Ice Cream Market, By Chocolate, 2016–2026 (USD Million)
16. Global Dairy-Free Ice Cream Market Share By Source,2019 and 2026 (USD Million)
17. Global Dairy-Free Ice Cream Market by Coconut,2016–2026 (USD Million)
18. Global Dairy-Free Ice Cream Market, By Almond, 2016–2026 (USD Million)
19. Global Dairy-Free Ice Cream Market, By Soy, 2016–2026 (USD Million)
20. Global Dairy-Free Ice Cream Market share, by Region, 2019 and 2026
21. North America Dairy-Free Ice Cream Market, 2016–2026 (USD Million)
22. Europe Dairy-Free Ice Cream Market, 2016–2026 (USD Million)
23. Asia Pacific Dairy-Free Ice Cream Market, 2016–2026 (USD Million)
24. Latin America Dairy-Free Ice Cream Market, 2016–2026 (USD Million)
25. The Middle East and Africa Dairy-Free Ice Cream Market, 2016–2026 (USD Million)
List of Tables
1. Global Dairy-Free Ice Cream Market: snapshot
2. Drivers of the Dairy-Free Ice Cream Market: impact analysis
3. North America Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
4. North America Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
5. North America Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
6. The U.S. Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
7. The U.S. Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
8. The U.S. Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
9. Rest of North America Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
10. Rest of North America Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
11. Rest of North America Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
12. Europe Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
13. Europe Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
14. Europe Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
15. UK Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
16. UK Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
17. UK Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
18. France Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
19. France Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
20. France Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
21. Germany Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
22. Germany Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
23. Germany Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
24. Rest of Europe Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
25. Rest of Europe Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
26. Rest of Europe Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
27. Asia Pacific Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
28. Asia Pacific Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
29. Asia Pacific Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
30. China Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
31. China Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
32. China Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
33. Japan Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
34. Japan Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
35. Japan Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
36. India Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
37. India Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
38. India Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
39. Rest of Asia Pacific Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
40. Rest of Asia Pacific Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
41. Rest of Asia Pacific Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
42. Latin America Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
43. Latin America Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
44. Latin America Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
45. Brazil Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
46. Brazil Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
47. Brazil Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
48. Rest of Latin America Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
49. Rest of Latin America Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
50. Rest of Latin America Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
51. The Middle East and Africa Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
52. The Middle East and Africa Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
53. The Middle East and Africa Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
54. Saudi Arabia Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
55. Saudi Arabia Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
56. Saudi Arabia Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
57. South Africa Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
58. South Africa Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
59. South Africa Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
60. Rest of the Middle East & Africa Dairy-Free Ice Cream Market revenue, By Distribution Channel , 2016–2026 (USD Million)
61. Rest of the Middle East & Africa Dairy-Free Ice Cream Market revenue, By Flavor, 2016–2026 (USD Million)
62. Rest of the Middle East & Africa Dairy-Free Ice Cream Market revenue, By Source, 2016–2026 (USD Million)
Massive inclination towards vegan lifestyles with rising health awareness will drive the market growth over the ensuing years. Moreover, high per capita ice-cream intake in the countries like the U.S. and Europe will prompt the product penetration in these regions. Surge in awareness pertaining to good health, rise in the cases of lactose intolerance & other milk-related issues, and socializing trends will boost the industry growth over the forecast timespan
According to the Zion Market Research, global Dairy-Free Ice Cream Market was estimated at 490 (USD Million) in 2019 and is set to record a CAGR of nearly 15.2% over 2020-2026.
North America is likely to make noteworthy contributions towards overall market revenue. The regional market expansion over the estimated timespan is owing to changing customer preferences towards healthy eating habits as well as intake of vegan diet in the continent. Launching of new flavors and easy availability of dairy-free flavored frozen desserts will further embellish the regional market trends.
The key players profiled in the report include Delacon Biotechnik GmbH, Bluestar Adisseo Co., Ltd., BIOMIN Holding GmbH, and Natural Remedies. Market players are trying to expand their regional market share through product innovations along with offering discounts as well as focusing on raising consumer satisfaction index.
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