Plant Based Ice Creams Market - Global Industry Analysis

Plant Based Ice Creams Market By Source (Soy Milk, Almond Milk, Coconut Milk, Oats Milk, Cashew Milk, and Others), By Flavor (Fruits, Nuts, Beans and Others), By Packaging (Bars, Cups/Tubs, Cones, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Franchise Outlet, Online, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 14-Jul-2021 Category: Food & Beverage Report Format : PDF Pages: 160 Report Code: ZMR-3587 Status : Published

The Global Plant Based Ice Creams Market accounted for USD 1723.3 Million in 2020 and is expected to reach USD 3225.7 Million by 2028, growing at a CAGR of 8.8 % from 2021 to 2028.

Description

Market Overview

The Global Plant Based Ice Creams Market accounted for USD 1723.3 Million in 2020 and is expected to reach USD 3225.7 Million by 2028, growing at a CAGR of 8.8 % from 2021 to 2028.

Non-dairy sources like coconut milk, soy milk, cashew milk, almond milk and other plant-based components are used in the preparation of plant-based ice creams. They are often known as vegan ice creams and aid weight reduction, improve skin texture and lower the risk of heart disease. Plant-based ice creams come in a variety of flavors, including chocolate, coconut, , orange, strawberry, caramel and others.

Rise in customer adoption of flexitarian diet, with rising health concerns leading to consumers restricting their use of dairy products, increasing demand for non-dairy desserts among vegan consumers, increasing population of lactose intolerant consumers and the growing consumer awareness and curiosity about plant based ice cream is propelling the market's growth.

Key market players are reformulating the recipes of plant based ice creams to appeal to the customers. In addition innovative flavors are also introduced by the key players to cater to a wider consumer base.

COVID-19 Impact Analysis

The economic downturn caused by the COVID-19 pandemic across the globe has put pressure on the food and beverage revenues. The company players reviewed their sourcing strategies, and streamlined their product lines towards more essential and hygiene care products which were in demand.

One of the major factors that impacted the plant based ice cream market was the price of these products. Challenges like employment loss or shutting of businesses due to the Covid-19 pandemic caused by a shift in consumer spending towards more essential and hygiene care products.

Growth Factors

The growing number of lactose intolerant people is boosting the demand for plant-based ice creams. Plant-based ice creams are becoming more popular as consumers are becoming more aware of the vegan culture and adopting it as a way of life. This is driving revenue in the plant-based ice creams industry. The increased focus on healthier ice cream varieties is likely to fuel demand. Vegan culture has emerged as a result of growing awareness about animal welfare concerns in the food and beverage sector, decreasing consumption of animal products, and increasing of the choice of alternatives.

Additionally, consumers are growing more aware of the health benefit that the non-dairy frozen desserts offer, which has resulted in increased sales of vegan cheese, ice creams and protein shakes.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Source Segment Analysis Preview

Coconut Milk segment will grow at a CAGR of over 7% from 2021 to 2028. This is attributable to the fact that it requires to less air while preparation making the products denser than other alternatives. As Southeast Asia emerged as the world's leading producer of coconut it piqued the interest of market participants. In plant-based ice creams, soy milk is one of the most often utilized creaming ingredients. However, soy milk's sales for usage in plant-based ice creams are projected to slow due to a number of negative side effects.

Distribution Channel Segment Analysis Preview

The supermarket/hypermarket segment held a share of around 30% in 2020.This is attributable to the rise in the adoption of retail formats like supermarkets and hypermarkets in both developed and developing markets. Furthermore, customers like these retail layouts because they give a one-stop shopping experience. In addition, they provide consumers with a diverse selection of items at a reasonable price and are often located in conveniently accessible places, all of which contribute to the segment's overall appeal and, as a result, to the worldwide market's growth.

Regional Analysis Preview

The European region held a share of over 20% in 2020. This is attributable to the fact that in the last few years, developed countries in Europe have seen an increase in vegan population. According to studies conducted by the Vegan Society in collaboration with Vegan Life magazine, the number of people identified as vegans in the UK has grown by about 350 percent in the last decade. This factor is expected to fuel sales of plant based ice creams in the future.

The Asia Pacific region is projected to grow at a CAGR of around 8.5% over the forecast period. This surge is due to an increase in the lactose intolerant population and the rise in number of fitness-conscious consumers in the region. Consumers are shifting their preferences to alternatives that have high nutritional values and tastes over their existing consumption habits. As more studies link a vegan diet to a healthier and longer life, demand for plant-based ice creams is anticipated to grow in this region in the coming years.

Key Market Players & Competitive Landscape

Some of key players in Plant Based Ice cream Market are Ben & Jerry's, Creamy Coconuts, LLC, Klein’s Ice cream, Hain Celestial Group, Wink Frozen Desserts, Cado, Breyer’s, White Wave Foods Company, Oatly AB and Bliss Unlimited among others. 

Product launches, product approvals, and other organic growth initiatives such as patents and events are being prioritized by a number of players in this market. Acquisitions and partnerships and collaborations are the popular inorganic growth techniques seen in the market. These actions have opened the path for market participants to expand their business and consumer base.

The global Plant Based Ice Creams Market is segmented as follows:

By Source

  • Soy Milk
  • Almond Milk
  • Coconut Milk
  • Oats Milk
  • Cashew Milk
  • Others

By Flavor

  • Fruits
  • Nuts
  • Beans
  • Others

By Packaging

  • Bars
  • Cups/Tubs
  • Cones
  • Others

By Distribution Channel

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Franchise Outlet
  • Online
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Source
        • 2.1.1.2. Market Attractiveness Analysis, By Flavor
        • 2.1.1.3. Market Attractiveness Analysis, By Packaging
        • 2.1.1.4. Market Attractiveness Analysis, By Distribution Channel
        • 2.1.1.5. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Plant Based Ice Creams Market, 2016 – 2028 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Plant Based Ice Creams Market – Source Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Source, 2020 & 2028
    • 4.2. Soy Milk
      • 4.2.1. Market Size and Forecast, By Region (USD Million)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Almond Milk
      • 4.3.1. Market Size and Forecast, By Region (USD Million)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Coconut Milk
      • 4.4.1. Market Size and Forecast, By Region (USD Million)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Oats Milk
      • 4.5.1. Market Size and Forecast, By Region (USD Million)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.6. Cashew Milk
      • 4.6.1. Market Size and Forecast, By Region (USD Million)
      • 4.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.7. Others
      • 4.7.1. Market Size and Forecast, By Region (USD Million)
      • 4.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.7.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Plant Based Ice Creams Market – Flavor Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Flavor, 2020 & 2028
    • 5.2. Fruits
      • 5.2.1. Market Size and Forecast, By Region (USD Million)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Nuts
      • 5.3.1. Market Size and Forecast, By Region (USD Million)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Beans
      • 5.4.1. Market Size and Forecast, By Region (USD Million)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Others
      • 5.5.1. Market Size and Forecast, By Region (USD Million)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 Plant Based Ice Creams Market – Packaging Segment Analysis
    • 6.1. Overview
      • 6.1.1. Market Revenue Share, By Packaging, 2020 & 2028
    • 6.2. Bars
      • 6.2.1. Market Size and Forecast, By Region (USD Million)
      • 6.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.3. Cups/Tubs
      • 6.3.1. Market Size and Forecast, By Region (USD Million)
      • 6.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.4. Cones
      • 6.4.1. Market Size and Forecast, By Region (USD Million)
      • 6.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.5. Others
      • 6.5.1. Market Size and Forecast, By Region (USD Million)
      • 6.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 7 Plant Based Ice Creams Market – Distribution Channel Segment Analysis
    • 7.1. Overview
      • 7.1.1. Market Revenue Share, By Distribution Channel, 2020 & 2028
    • 7.2. Supermarkets/Hypermarkets
      • 7.2.1. Market Size and Forecast, By Region (USD Million)
      • 7.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 7.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 7.3. Convenience Stores
      • 7.3.1. Market Size and Forecast, By Region (USD Million)
      • 7.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 7.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 7.4. Franchise Outlet
      • 7.4.1. Market Size and Forecast, By Region (USD Million)
      • 7.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 7.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 7.5. Online
      • 7.5.1. Market Size and Forecast, By Region (USD Million)
      • 7.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 7.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 7.6. Others
      • 7.6.1. Market Size and Forecast, By Region (USD Million)
      • 7.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 7.6.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 8 Plant Based Ice Creams Market – Regional Analysis
    • 8.1. Overview
      • 8.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 8.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
    • 8.2. North America
      • 8.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 8.2.2. North America Market Revenue, By Source, 2016 – 2028
      • 8.2.3. North America Market Revenue, By Flavor, 2016 – 2028
      • 8.2.4. North America Market Revenue, By Packaging, 2016 – 2028
      • 8.2.5. North America Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.2.6. U.S.
        • 8.2.6.1. U.S. Market Revenue, By Source, 2016 – 2028
        • 8.2.6.2. U.S. Market Revenue, By Flavor, 2016 – 2028
        • 8.2.6.3. U.S. Market Revenue, By Packaging, 2016 – 2028
        • 8.2.6.4. U.S. Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.2.7. Canada
        • 8.2.7.1. Canada Market Revenue, By Source, 2016 – 2028
        • 8.2.7.2. Canada Market Revenue, By Flavor, 2016 – 2028
        • 8.2.7.3. Canada Market Revenue, By Packaging, 2016 – 2028
        • 8.2.7.4. Canada Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.2.8. Mexico
        • 8.2.8.1. Mexico Market Revenue, By Source, 2016 – 2028
        • 8.2.8.2. Mexico Market Revenue, By Flavor, 2016 – 2028
        • 8.2.8.3. Mexico Market Revenue, By Packaging, 2016 – 2028
        • 8.2.8.4. Mexico Market Revenue, By Distribution Channel, 2016 – 2028
    • 8.3. Europe
      • 8.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 8.3.2. Europe Market Revenue, By Source, 2016 – 2028
      • 8.3.3. Europe Market Revenue, By Flavor, 2016 – 2028
      • 8.3.4. Europe Market Revenue, By Packaging, 2016 – 2028
      • 8.3.5. Europe Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.3.6. Germany
        • 8.3.6.1. Germany Market Revenue, By Source, 2016 – 2028
        • 8.3.6.2. Germany Market Revenue, By Flavor, 2016 – 2028
        • 8.3.6.3. Germany Market Revenue, By Packaging, 2016 – 2028
        • 8.3.6.4. Germany Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.3.7. France
        • 8.3.7.1. France Market Revenue, By Source, 2016 – 2028
        • 8.3.7.2. France Market Revenue, By Flavor, 2016 – 2028
        • 8.3.7.3. France Market Revenue, By Packaging, 2016 – 2028
        • 8.3.7.4. France Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.3.8. U.K.
        • 8.3.8.1. U.K. Market Revenue, By Source, 2016 – 2028
        • 8.3.8.2. U.K. Market Revenue, By Flavor, 2016 – 2028
        • 8.3.8.3. U.K. Market Revenue, By Packaging, 2016 – 2028
        • 8.3.8.4. U.K. Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.3.9. Italy
        • 8.3.9.1. Italy Market Revenue, By Source, 2016 – 2028
        • 8.3.9.2. Italy Market Revenue, By Flavor, 2016 – 2028
        • 8.3.9.3. Italy Market Revenue, By Packaging, 2016 – 2028
        • 8.3.9.4. Italy Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.3.10. Spain
        • 8.3.10.1. Spain Market Revenue, By Source, 2016 – 2028
        • 8.3.10.2. Spain Market Revenue, By Flavor, 2016 – 2028
        • 8.3.10.3. Spain Market Revenue, By Packaging, 2016 – 2028
        • 8.3.10.4. Spain Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.3.11. Rest of Europe
        • 8.3.11.1. Rest of Europe Market Revenue, By Source, 2016 – 2028
        • 8.3.11.2. Rest of Europe Market Revenue, By Flavor, 2016 – 2028
        • 8.3.11.3. Rest of Europe Market Revenue, By Packaging, 2016 – 2028
        • 8.3.11.4. Rest of Europe Market Revenue, By Distribution Channel, 2016 – 2028
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 8.4.2. Asia Pacific Market Revenue, By Source, 2016 – 2028
      • 8.4.3. Asia Pacific Market Revenue, By Flavor, 2016 – 2028
      • 8.4.4. Asia Pacific Market Revenue, By Packaging, 2016 – 2028
      • 8.4.5. Asia Pacific Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.4.6. China
        • 8.4.6.1. China Market Revenue, By Source, 2016 – 2028
        • 8.4.6.2. China Market Revenue, By Flavor, 2016 – 2028
        • 8.4.6.3. China Market Revenue, By Packaging, 2016 – 2028
        • 8.4.6.4. China Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.4.7. Japan
        • 8.4.7.1. Japan Market Revenue, By Source, 2016 – 2028
        • 8.4.7.2. Japan Market Revenue, By Flavor, 2016 – 2028
        • 8.4.7.3. Japan Market Revenue, By Packaging, 2016 – 2028
        • 8.4.7.4. Japan Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.4.8. India
        • 8.4.8.1. India Market Revenue, By Source, 2016 – 2028
        • 8.4.8.2. India Market Revenue, By Flavor, 2016 – 2028
        • 8.4.8.3. India Market Revenue, By Packaging, 2016 – 2028
        • 8.4.8.4. India Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.4.9. South Korea
        • 8.4.9.1. South Korea Market Revenue, By Source, 2016 – 2028
        • 8.4.9.2. South Korea Market Revenue, By Flavor, 2016 – 2028
        • 8.4.9.3. South Korea Market Revenue, By Packaging, 2016 – 2028
        • 8.4.9.4. South Korea Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.4.10. South-East Asia
        • 8.4.10.1. South-East Asia Market Revenue, By Source, 2016 – 2028
        • 8.4.10.2. South-East Asia Market Revenue, By Flavor, 2016 – 2028
        • 8.4.10.3. South-East Asia Market Revenue, By Packaging, 2016 – 2028
        • 8.4.10.4. South-East Asia Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.4.11. Rest of Asia Pacific
        • 8.4.11.1. Rest of Asia Pacific Market Revenue, By Source, 2016 – 2028
        • 8.4.11.2. Rest of Asia Pacific Market Revenue, By Flavor, 2016 – 2028
        • 8.4.11.3. Rest of Asia Pacific Market Revenue, By Packaging, 2016 – 2028
        • 8.4.11.4. Rest of Asia Pacific Market Revenue, By Distribution Channel, 2016 – 2028
    • 8.5. Latin America
      • 8.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 8.5.2. Latin America Market Revenue, By Source, 2016 – 2028
      • 8.5.3. Latin America Market Revenue, By Flavor, 2016 – 2028
      • 8.5.4. Latin America Market Revenue, By Packaging, 2016 – 2028
      • 8.5.5. Latin America Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.5.6. Brazil
        • 8.5.6.1. Brazil Market Revenue, By Source, 2016 – 2028
        • 8.5.6.2. Brazil Market Revenue, By Flavor, 2016 – 2028
        • 8.5.6.3. Brazil Market Revenue, By Packaging, 2016 – 2028
        • 8.5.6.4. Brazil Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.5.7. Argentina
        • 8.5.7.1. Argentina Market Revenue, By Source, 2016 – 2028
        • 8.5.7.2. Argentina Market Revenue, By Flavor, 2016 – 2028
        • 8.5.7.3. Argentina Market Revenue, By Packaging, 2016 – 2028
        • 8.5.7.4. Argentina Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.5.8. Rest of Latin America
        • 8.5.8.1. Rest of Latin America Market Revenue, By Source, 2016 – 2028
        • 8.5.8.2. Rest of Latin America Market Revenue, By Flavor, 2016 – 2028
        • 8.5.8.3. Rest of Latin America Market Revenue, By Packaging, 2016 – 2028
        • 8.5.8.4. Rest of Latin America Market Revenue, By Distribution Channel, 2016 – 2028
    • 8.6. The Middle-East and Africa
      • 8.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 8.6.2. The Middle-East and Africa Market Revenue, By Source, 2016 – 2028
      • 8.6.3. The Middle-East and Africa Market Revenue, By Flavor, 2016 – 2028
      • 8.6.4. The Middle-East and Africa Market Revenue, By Packaging, 2016 – 2028
      • 8.6.5. The Middle-East and Africa Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.6.6. GCC Countries
        • 8.6.6.1. GCC Countries Market Revenue, By Source, 2016 – 2028
        • 8.6.6.2. GCC Countries Market Revenue, By Flavor, 2016 – 2028
        • 8.6.6.3. GCC Countries Market Revenue, By Packaging, 2016 – 2028
        • 8.6.6.4. GCC Countries Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.6.7. South Africa
        • 8.6.7.1. South Africa Market Revenue, By Source, 2016 – 2028
        • 8.6.7.2. South Africa Market Revenue, By Flavor, 2016 – 2028
        • 8.6.7.3. South Africa Market Revenue, By Packaging, 2016 – 2028
        • 8.6.7.4. South Africa Market Revenue, By Distribution Channel, 2016 – 2028
      • 8.6.8. Rest of Middle-East Africa
        • 8.6.8.1. Rest of Middle-East Africa Market Revenue, By Source, 2016 – 2028
        • 8.6.8.2. Rest of Middle-East Africa Market Revenue, By Flavor, 2016 – 2028
        • 8.6.8.3. Rest of Middle-East Africa Market Revenue, By Packaging, 2016 – 2028
        • 8.6.8.4. Rest of Middle-East Africa Market Revenue, By Distribution Channel, 2016 – 2028
  • Chapter No. 9 Plant Based Ice Creams Market – Industry Analysis
    • 9.1. Introduction
    • 9.2. Market Drivers
      • 9.2.1. Driving Factor 1 Analysis
      • 9.2.2. Driving Factor 2 Analysis
    • 9.3. Market Restraints
      • 9.3.1. Restraining Factor Analysis
    • 9.4. Market Opportunities
      • 9.4.1. Market Opportunity Analysis
    • 9.5. Porter’s Five Forces Analysis
    • 9.6. PEST Analysis
    • 9.7. Regulatory Landscape
    • 9.8. Technology Landscape
    • 9.9. Regional Market Trends
      • 9.9.1. North America
      • 9.9.2. Europe
      • 9.9.3. Asia Pacific
      • 9.9.4. Latin America
      • 9.9.5. The Middle-East and Africa
    • 9.10. Pricing Analysis
    • 9.11. Value Chain Analysis
    • 9.12. Downstream Buyers
    • 9.13. Distributors/Traders List
  • Chapter No. 10 Competitive Landscape
    • 10.1. Company Market Share Analysis – 2019
      • 10.1.1. Global Plant Based Ice Creams Market: Company Market Share, 2019
      • 10.1.2. Global Plant Based Ice Creams Market, Company Market Revenue, 2016 – 2019 (USD Million)
      • 10.1.3. Global Plant Based Ice Creams Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 10.1.4. Global Plant Based Ice Creams Market: Radar Determinant Chart, 2019
    • 10.2. Strategic Developments
      • 10.2.1. Acquisitions & Mergers
      • 10.2.2. New Product Launch
      • 10.2.3. Regional Expansion
    • 10.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 11 Company Profiles
    • 11.1. Ben & Jerry's
      • 11.1.1. Company Overview
      • 11.1.2. Key Executives
      • 11.1.3. Product Portfolio
      • 11.1.4. Financial Overview
      • 11.1.5. Operating Business Segments
      • 11.1.6. Business Performance
      • 11.1.7. Recent Developments
    • 11.2. Creamy Coconuts, LLC
    • 11.3. Klein’s Ice cream
    • 11.4. Hain Celestial Group
    • 11.5. Wink Frozen Desserts
    • 11.6. Cado
    • 11.7. Breyer’s
    • 11.8. White Wave Foods Company
    • 11.9. Bliss Unlimited
    • 11.10. Oatly AB
  • Chapter No. 12 Marketing Strategy Analysis
    • 12.1. Marketing Channel
    • 12.2. Direct Marketing
    • 12.3. Indirect Marketing
    • 12.4. Marketing Channel Development Trends
    • 12.5. Economic/Pulitical Environmental Change
  • Chapter No. 13 Research Methodology
    • 13.1. Research Methodology
    • 13.2. Phase I - Secondary Research
    • 13.3. Phase II - Data Modeling
      • 13.3.1. Company Share Analysis Model
      • 13.3.2. Revenue Based Modeling
    • 13.4. Phase III - Primary Research
    • 13.5. Research Limitations
      • 13.5.1. Assumptions

Table Of Figures

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Source
FIG NO. 2. Market Attractiveness Analysis, By Flavor
FIG NO. 3. Market Attractiveness Analysis, By Packaging
FIG NO. 4. Market Attractiveness Analysis, By Distribution Channel
FIG NO. 5. Market Attractiveness Analysis, By Region
FIG NO. 6. Global Plant Based Ice Creams Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 7. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 8. Market Revenue Share, By Source, 2020 & 2028
FIG NO. 9. Global Plant Based Ice Creams Market for Soy Milk, Revenue (USD Million) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Plant Based Ice Creams Market for Soy Milk, By Country, 2020 & 2028
FIG NO. 11. Global Plant Based Ice Creams Market for Almond Milk, Revenue (USD Million) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Plant Based Ice Creams Market for Almond Milk, By Country, 2020 & 2028
FIG NO. 13. Global Plant Based Ice Creams Market for Coconut Milk, Revenue (USD Million) 2016 – 2028
FIG NO. 14. Comparative Revenue Analysis of Plant Based Ice Creams Market for Coconut Milk, By Country, 2020 & 2028
FIG NO. 15. Global Plant Based Ice Creams Market for Oats Milk, Revenue (USD Million) 2016 – 2028
FIG NO. 16. Comparative Revenue Analysis of Plant Based Ice Creams Market for Oats Milk, By Country, 2020 & 2028
FIG NO. 17. Global Plant Based Ice Creams Market for Cashew Milk, Revenue (USD Million) 2016 – 2028
FIG NO. 18. Comparative Revenue Analysis of Plant Based Ice Creams Market for Cashew Milk, By Country, 2020 & 2028
FIG NO. 19. Global Plant Based Ice Creams Market for Others, Revenue (USD Million) 2016 – 2028
FIG NO. 20. Comparative Revenue Analysis of Plant Based Ice Creams Market for Others, By Country, 2020 & 2028
FIG NO. 21. Market Revenue Share, By Flavor, 2020 & 2028
FIG NO. 22. Global Plant Based Ice Creams Market for Fruits, Revenue (USD Million) 2016 – 2028
FIG NO. 23. Comparative Revenue Analysis of Plant Based Ice Creams Market for Fruits, By Country, 2020 & 2028
FIG NO. 24. Global Plant Based Ice Creams Market for Nuts, Revenue (USD Million) 2016 – 2028
FIG NO. 25. Comparative Revenue Analysis of Plant Based Ice Creams Market for Nuts, By Country, 2020 & 2028
FIG NO. 26. Global Plant Based Ice Creams Market for Beans, Revenue (USD Million) 2016 – 2028
FIG NO. 27. Comparative Revenue Analysis of Plant Based Ice Creams Market for Beans, By Country, 2020 & 2028
FIG NO. 28. Global Plant Based Ice Creams Market for Others, Revenue (USD Million) 2016 – 2028
FIG NO. 29. Comparative Revenue Analysis of Plant Based Ice Creams Market for Others, By Country, 2020 & 2028
FIG NO. 30. Market Revenue Share, By Packaging, 2020 & 2028
FIG NO. 31. Global Plant Based Ice Creams Market for Bars, Revenue (USD Million) 2016 – 2028
FIG NO. 32. Comparative Revenue Analysis of Plant Based Ice Creams Market for Bars, By Country, 2020 & 2028
FIG NO. 33. Global Plant Based Ice Creams Market for  Cups/Tubs, Revenue (USD Million) 2016 – 2028
FIG NO. 34. Comparative Revenue Analysis of Plant Based Ice Creams Market for  Cups/Tubs, By Country, 2020 & 2028
FIG NO. 35. Global Plant Based Ice Creams Market for Cones, Revenue (USD Million) 2016 – 2028
FIG NO. 36. Comparative Revenue Analysis of Plant Based Ice Creams Market for Cones, By Country, 2020 & 2028
FIG NO. 37. Global Plant Based Ice Creams Market for Others, Revenue (USD Million) 2016 – 2028
FIG NO. 38. Comparative Revenue Analysis of Plant Based Ice Creams Market for Others, By Country, 2020 & 2028
FIG NO. 39. Market Revenue Share, By Distribution Channel, 2020 & 2028
FIG NO. 40. Global Plant Based Ice Creams Market for Supermarkets/Hypermarkets, Revenue (USD Million) 2016 – 2028
FIG NO. 41. Comparative Revenue Analysis of Plant Based Ice Creams Market for Supermarkets/Hypermarkets, By Country, 2020 & 2028
FIG NO. 42. Global Plant Based Ice Creams Market for Convenience Stores, Revenue (USD Million) 2016 – 2028
FIG NO. 43. Comparative Revenue Analysis of Plant Based Ice Creams Market for Convenience Stores, By Country, 2020 & 2028
FIG NO. 44. Global Plant Based Ice Creams Market for Franchise Outlet, Revenue (USD Million) 2016 – 2028
FIG NO. 45. Comparative Revenue Analysis of Plant Based Ice Creams Market for Franchise Outlet, By Country, 2020 & 2028
FIG NO. 46. Global Plant Based Ice Creams Market for Online, Revenue (USD Million) 2016 – 2028
FIG NO. 47. Comparative Revenue Analysis of Plant Based Ice Creams Market for Online, By Country, 2020 & 2028
FIG NO. 48. Global Plant Based Ice Creams Market for Others, Revenue (USD Million) 2016 – 2028
FIG NO. 49. Comparative Revenue Analysis of Plant Based Ice Creams Market for Others, By Country, 2020 & 2028
FIG NO. 50. Global Plant Based Ice Creams Market Revenue Share, By Region, 2020 & 2028
FIG NO. 51. North America Plant Based Ice Creams Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 52. Porter’s Five Forces Analysis for Global Plant Based Ice Creams Market
FIG NO. 53. PEST Analysis for Global Plant Based Ice Creams Market
FIG NO. 54. Pricing Analysis for Global Plant Based Ice Creams Market
FIG NO. 55. Value Chain Analysis for Global Plant Based Ice Creams Market
FIG NO. 56. Company Share Analysis, 2019
FIG NO. 57. Radar Determinant Chart, 2019
FIG NO. 58. Company Strategic Developments – Heat Map Analysis
FIG NO. 59. Ben & Jerry's Business Segment Revenue Share, 2020 (%)
FIG NO. 60. Ben & Jerry's Geographical Segment Revenue Share, 2020 (%)
FIG NO. 61. Market Channels
FIG NO. 62. Marketing Channel Development Trend
FIG NO. 63. Growth in World Gross Product, 2008-2018
FIG NO. 64. Research Methodology – Detailed View
FIG NO. 65. Research Methodology


 


Table Of Tables

List of Tables     

TABLE NO. 1. Global Plant Based Ice Creams Market: Snapshot
TABLE NO. 2. Quarterly Plant Based Ice Creams Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Plant Based Ice Creams Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6. Global Plant Based Ice Creams Market for Soy Milk, by Region, 2016 – 2028 (USD Million)
TABLE NO. 7. Global Plant Based Ice Creams Market for Almond Milk, by Region, 2016 – 2028 (USD Million)
TABLE NO. 8. Global Plant Based Ice Creams Market for Coconut Milk, by Region, 2016 – 2028 (USD Million)
TABLE NO. 9. Global Plant Based Ice Creams Market for Oats Milk, by Region, 2016 – 2028 (USD Million)
TABLE NO. 10. Global Plant Based Ice Creams Market for Cashew Milk, by Region, 2016 – 2028 (USD Million)
TABLE NO. 11. Global Plant Based Ice Creams Market for Others, by Region, 2016 – 2028 (USD Million)
TABLE NO. 12. Global Plant Based Ice Creams Market for Fruits, by Region, 2016 – 2028 (USD Million)
TABLE NO. 13. Global Plant Based Ice Creams Market for Nuts, by Region, 2016 – 2028 (USD Million)
TABLE NO. 14. Global Plant Based Ice Creams Market for Beans, by Region, 2016 – 2028 (USD Million)
TABLE NO. 15. Global Plant Based Ice Creams Market for Others, by Region, 2016 – 2028 (USD Million)
TABLE NO. 16. Global Plant Based Ice Creams Market for Bars, by Region, 2016 – 2028 (USD Million)
TABLE NO. 17. Global Plant Based Ice Creams Market for  Cups/Tubs, by Region, 2016 – 2028 (USD Million)
TABLE NO. 18. Global Plant Based Ice Creams Market for Cones, by Region, 2016 – 2028 (USD Million)
TABLE NO. 19. Global Plant Based Ice Creams Market for Others, by Region, 2016 – 2028 (USD Million)
TABLE NO. 20. Global Plant Based Ice Creams Market for Supermarkets/Hypermarkets, by Region, 2016 – 2028 (USD Million)
TABLE NO. 21. Global Plant Based Ice Creams Market for Convenience Stores, by Region, 2016 – 2028 (USD Million)
TABLE NO. 22. Global Plant Based Ice Creams Market for Franchise Outlet, by Region, 2016 – 2028 (USD Million)
TABLE NO. 23. Global Plant Based Ice Creams Market for Online, by Region, 2016 – 2028 (USD Million)
TABLE NO. 24. Global Plant Based Ice Creams Market for Others, by Region, 2016 – 2028 (USD Million)
TABLE NO. 25. Global Plant Based Ice Creams Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 26. North America Plant Based Ice Creams Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 27. North America Plant Based Ice Creams Market Revenue, By Source, 2016 – 2028 (USD Million)
TABLE NO. 28. North America Plant Based Ice Creams Market Revenue, By Flavor, 2016 – 2028 (USD Million)
TABLE NO. 29. North America Plant Based Ice Creams Market Revenue, By Packaging, 2016 – 2028 (USD Million)
TABLE NO. 30. North America Plant Based Ice Creams Market Revenue, By Distribution Channel, 2016 – 2028 (USD Million)
TABLE NO. 31. U.S. Plant Based Ice Creams Market Revenue, By Source, 2016 – 2028 (USD Million)
TABLE NO. 32. U.S. Plant Based Ice Creams Market Revenue, By Flavor, 2016 – 2028 (USD Million)
TABLE NO. 33. U.S. Plant Based Ice Creams Market Revenue, By Packaging, 2016 – 2028 (USD Million)
TABLE NO. 34. U.S. Plant Based Ice Creams Market Revenue, By Distribution Channel, 2016 – 2028 (USD Million)
TABLE NO. 35. Canada Plant Based Ice Creams Market Revenue, By Source, 2016 – 2028 (USD Million)
TABLE NO. 36. Canada Plant Based Ice Creams Market Revenue, By Flavor, 2016 – 2028 (USD Million)
TABLE NO. 37. Canada Plant Based Ice Creams Market Revenue, By Packaging, 2016 – 2028 (USD Million)
TABLE NO. 38. Canada Plant Based Ice Creams Market Revenue, By Distribution Channel, 2016 – 2028 (USD Million)
TABLE NO. 39. Mexico Plant Based Ice Creams Market Revenue, By Source, 2016 – 2028 (USD Million)
TABLE NO. 40. Mexico Plant Based Ice Creams Market Revenue, By Flavor, 2016 – 2028 (USD Million)
TABLE NO. 41. Mexico Plant Based Ice Creams Market Revenue, By Packaging, 2016 – 2028 (USD Million)
TABLE NO. 42. Mexico Plant Based Ice Creams Market Revenue, By Distribution Channel, 2016 – 2028 (USD Million)
TABLE NO. 43. Drivers for the Plant Based Ice Creams Market: Impact Analysis
TABLE NO. 44. Restraints for the Plant Based Ice Creams Market: Impact Analysis
TABLE NO. 45. Major Buyers of Plant Based Ice Creams
TABLE NO. 46. Distributors/Traders List of Plant Based Ice Creams
TABLE NO. 47. Global Plant Based Ice Creams Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 48. Global Plant Based Ice Creams Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)

Methodology

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FrequentlyAsked Questions

The global Plant Based Ice Creams Market was valued at USD 1723.3  Million in 2020.

The global Plant Based Ice Creams Market is expected to reach USD 3225.7 Million by 2028, growing at a CAGR of 8.8% between 2021 to 2028.

Some of the key factors driving the global Plant Based Ice Creams Market growth are rise in customer adoption of flexitarian diet, with rising health concerns leading to consumers restricting their use of dairy products, increasing demand for non-dairy desserts among vegan consumers, increasing population of lactose intolerant consumers and the growing consumer awareness and curiosity about plant based ice cream

Asia Pacific region held a substantial share of the Plant Based Ice Creams Market in 2020. This surge is due to an increase in the lactose intolerant population and the rise in number of fitness-conscious consumers in the region. Consumers are shifting their preferences to alternatives that have high nutritional values and tastes over their existing consumption habits. As more studies link a vegan diet to a healthier and longer life, demand for plant-based ice creams is anticipated to grow in this region in the coming years.

Some of the major companies operating in the XX market are Ben & Jerry's, Creamy Coconuts, LLC, Klein’s Ice cream, Hain Celestial Group, Wink Frozen Desserts, Cado, Breyer’s, White Wave Foods Company, Oatly AB and Bliss Unlimited among others.

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