Global Vegan Ice Cream Market Report by Source (Coconut Milk, Soy Milk, Almond Milk, Cashew Milk) Flavour (Chocolate, Caramel, Coconut, Vanilla, Coffee, Fruit) Sales Type (Impulse, Take Home, Artisanal) Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Stores, Others) Countries and Company Analysis, 2024-2032

Driving forces for Vegan Ice Cream Market

Growing Concerns for Animal Welfare and Environmental Sustainability - The market is expanding because consumers are becoming more aware of how food production affects the environment and how animals are treated. In addition, growing worries about the greenhouse gas (GHG) emissions, water use, and deforestation linked to conventional dairy farming are pushing a lot of people to look for ethical and sustainable substitutes. Being free of components originating from animals, vegan ice cream is thought to be a more environmentally friendly choice. The demand for vegan ice cream is largely driven by ethical factors, such as the desire to lessen animal abuse and concerns about animal welfare.

People for the Ethical Treatment of Animals (PETA), the largest animal rights group in the world, presented a national award to Michelin Star pastry chef Olivia Green's new vegan ice cream business, "Crème de la Crop," on October 9, 2023.

Rates of Dairy Allergies and Lactose Intolerance - The rising incidence of lactose intolerance and dairy allergies in the general population is one of the key reasons propelling the market's expansion. Lactose intolerance is the inability of a huge proportion of people globally to digest the sugar included in dairy products. There is a growing market for vegan ice cream as a result of this circumstance. In a similar vein, allergic responses to dairy products can vary widely in intensity, from mild discomfort to serious allergic reactions. People who suffer from these conditions are therefore searching for dairy-free alternatives, which is contributing to the promising prognosis for the vegan ice cream market. Plant-based milk substitutes such as cashew, almond, coconut, or soy are used to make these ice creams. Major corporations are also expanding the range of items they offer to better serve those who deal with these issues.

On February 20, 2023, Keventers, a well-known dairy company in India that has been around for 97 years and is most known for its milkshakes and ice creams, introduced its first line of vegan treats to the country, broadening its product offering. For those with dietary requirements, such as gluten intolerance and dairy allergies, this brand-new collection is a pleasure since it is entirely plant-based and gluten-free. Since it contains no artificial chemicals or flavouring, it is a good option for everyone, but it is especially good for people who prefer diets low in lactose.

North America Vegan Ice Cream Market

An analysis is conducted on the vegan ice cream market in the United States, Canada, and Mexico. The United States holds the largest market share, with Canada following closely behind. Because of the growing demand for organic and plant-based products, a number of players have entered the North American market, and this number is anticipated to climb in the near future. Because of the rise in obesity in nations like the United States and Canada, the North American market is anticipated to expand dramatically. Their consumption of naturally produced, cholesterol-free dairy products has been spurred by obesity issues, which is driving the market for vegan ice cream to increase.

The region's market for vegan ice cream is predicted to grow more slowly, though, as ordinary milk with lower chemical and fat content is produced. Conversely, a rise in this region's desire for creative tastes and new vegan ice cream suppliers can present new business chances for the industry players. However, there is fierce competition in the vegan ice cream market in North America. This is explained by the rise in companies entering the market to meet the impending demand for vegan goods.

Vegan Ice Cream Market Company Overview

Unilever PLC, Tofutti Brands Inc., Van Leeuwen Ice Cream, SorBabes, Perry's Ice Cream, NadaMoo, Over The MOO, Morrisons, HappyCow, Double Rainbow Ice Cream, Booja-Booja, Arctic Zero are among the industry leaders in the Global Vegan Ice Cream Market.

Global Vegan Ice Cream Market News

• In May 2023, A commercial alliance agreement was inked by Sumitomo Corporation A new range of plant-based frozen sweets was unveiled by Häagen-Dazs. Compared to other plant-based frozen desserts, the goal of this new oat-based line is to improve taste while increasing plant-based intake. These vegan-approved goods are created in London, Ontario.

• In March 2023, Booja-Booja has revamped its line of dairy-free ice cream, adding four new flavors, three updated recipes, and a visually appealing new design to the market. Together with newly enhanced versions of the three already-available tastes—caramel pecan praline, chocolate salted caramel, and vanilla—the new flavors are cookie dough, mango and raspberry, profoundly chocolate, and chocolate fudge brownie. All of the ice cream flavors are kosher, organic, vegan, dairy-free, and soy-free.

Source – Market breakup in 4 viewpoints:

1. Coconut Milk
2. Soy Milk
3. Almond Milk
4. Cashew Milk

Flavor – Market breakup in 6 viewpoints:

1. Chocolate
2. Caramel
3. Coconut
4. Vanilla
5. Coffee
6. Fruit

Sales Type – Market breakup in 3 viewpoints:

1. Impulse
2. Take Home
3. Artisanal

Distribution Channel – Market breakup in 4 viewpoints:

1. Supermarkets and Hypermarkets
2. Convenience Stores
3. Online Stores
4. Others

Country – Market breakup in 25 viewpoints:

North America

1. United States
2. Canada

Europe

1. France
2. Germany
3. Italy
4. Spain
5. United Kingdom
6. Belgium
7. the Netherlands
8. Turkey

Asia Pacific

1. China
2. Japan
3. India
4. Australia
5. South Korea
6. Thailand
7. Malaysia
8. Indonesia
9. New Zealand

Latin America

1. Brazil
2. Mexico
3. Argentina

Middle East & Africa

1. South Africa
2. Saudi Arabia
3. United Arab Emirates

All the Key players have been covered from 3 Viewpoints:

• Overview
• Recent Development & Strategies
• Financial Insights

Company Analysis:

1. Unilever PLC
2. Tofutti Brands Inc.
3. Van Leeuwen Ice Cream
4. SorBabes
5. Perry's Ice Cream
6. NadaMoo!
7. Over The MOO
8. Morrisons
9. HappyCow
10. Double Rainbow Ice Cream
11. Booja-Booja
12. Arctic Zero