Dairy-free Ice Creams Market Outlook
According to the report by Expert Market Research (EMR), the global dairy-free ice creams market is projected to grow at a CAGR of 13.6% between 2024 and 2032. Aided by the changing dietary habits and advancements in food processing, the market is expected to grow significantly by 2032.
Dairy-free ice cream, made without milk or cream, is gaining popularity as a plant-based alternative to traditional ice cream. This growth is largely driven by the increasing vegan population, lactose intolerance among a significant portion of the global population, and the rising consumer demand for healthier and sustainable food options.
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The dairy-free ice creams market growth is primarily driven by the growing health-consciousness among consumers and the increasing awareness of the environmental impact of dairy farming. The surge in lifestyle diseases and consumer inclination towards vegan and plant-based diets have significantly contributed to the popularity of dairy-free ice creams.
Technological advancements in food processing and the availability of a variety of plant-based milk alternatives such as almond, coconut, soy, and oat milk have enabled manufacturers to produce dairy-free ice creams with textures and flavours that closely resemble those of traditional ice creams.
Moreover, the growing trend of clean label products, which are free from artificial preservatives and additives, is fostering the dairy-free ice creams market demand. This trend aligns well with the vegan and health-conscious consumer base that dairy-free ice creams cater to.
Geographically, the market is spread across North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America and Europe are leading regions, attributed to the high prevalence of lactose intolerance and the strong presence of vegan populations. However, the Asia-Pacific region is expected to witness significant growth due to the increasing adoption of vegan lifestyles and rising health awareness.
Looking ahead, the dairy-free ice creams market outlook is likely to be influenced by the ongoing shift towards plant-based diets and sustainable eating practices. As consumers continue to seek out healthier and more environmentally friendly food options, the demand for dairy-free ice creams is expected to grow.
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The market is set for significant growth in the coming years, buoyed by changing dietary habits, technological advancements in food processing, and the increasing global focus on health and sustainability. This market offers exciting opportunities for innovation and expansion, catering to a diverse and growing consumer base seeking plant-based alternatives to traditional dairy products.
Dairy-free Ice Creams Market Segmentation
The market can be divided based on source, flavour, distribution channel, product, form, and region.
Market Breakup by Source
- Coconut Milk
- Soy Milk
- Almond Milk
- Cashew milk
- Others
Market Breakup by Flavour
- Chocolate
- Vanilla
- Strawberry
- Neapolitan
- Cookies and Cream
- Mint Choco-Chip
- Caramel
- Others
Market Breakup by Distribution Channel
- Hypermarkets and Supermarkets
- Convenience Stores
- Online
- Others
Market Breakup by Product
- Impulse
- Take Home
- Artisanal
Market Breakup by Form
- Singles
- Blends
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Dairy-free Ice Creams Market Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global dairy-free ice creams market. Some of the major players explored in the report by Expert Market Research are as follows:
- Arctic Zero, Inc.
- Unilever PLC
- Perry’s Ice Cream Co., Inc.
- SorBabes
- Over The Moo
- Others
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