Report

Global Dairy-free Ice Creams Market Size study, by Source (Coconut Milk, Almond Milk, Soy Milk, Other (Oat Milk, Hemp Milk)) by Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Retail) and Regional Forecasts 2021-2027

  • Publish Date: Mar,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Dairy-free Ice Creams Market to reach USD 1.60 billion by 2027.Global Dairy-free Ice Creams Market is valued approximately USD 0.60 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 15 % over the forecast period 2021-2027. Dairy-free Ice Creams is ice cream which is made up of cow's milk. Non diary version of traditional ice cream brands generally has fewer calories and less fat than their related dairy version. As the purchasing power of consumers is increasing the demand for dairy free ice cream is also increasing. Furthermore, increase in demand of dairy free ice cream products is also driving the growth for the market. According to Plant Based Food Association, in year 2020 there is total of 7 billion retail sales of plant-based food. Thus, plants-based food sales have increased in year 2020 to USD 1.4 billion which is 43 percent, up from USD 962 million in 2019. Also, introduction of new flavors along with technological advancement will bring opportunities for the dairy-free ice cream market. However, volatility in the price of raw material acts as a major restrainer for the market over the forecast period of 2021-2027.

The key regions considered for the global Dairy-free Ice Creams market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to shifting consumer towards healthy lifestyle and vegan trend in the region is driving the growth of the market. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as rapid urbanization and increase in per capital consumption is driving the growth for the market.

Major market player included in this report are:
General Mills, Inc
Uniliver
Booja-Booja
Tofutti Brands, Inc.
Bliss Unlimited, LLC
Beyond Butter Foods, LLC
Happy Cow Limited
Nadamoo!
Over the moo Pty, Ltd.
Sorbabes

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Source:
Coconut Milk
Almond Milk
Soy Milk
Other (Oat Milk, Hemp Milk)
By Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores
Online Retail
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Dairy-free Ice Creams Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors