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Global Dairy-free Ice Creams Market: By Source: Coconut Milk, Soy Milk, Almond Milk, Cashew milk, Others; By Flavour: Chocolate, Vanilla, Others; By Distribution Channel; By Product; By Form; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Dairy-free Ice Creams Market Outlook
The global dairy-free ice creams market reached a value of about USD 664 million in 2021. The industry is further estimated to grow at a CAGR of 13.60% in the forecast period of 2022-2027 to reach a value of around USD 1427 million by 2027.
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Thriving Hypermarkets and Supermarkets and Online Stores to Propel the Market Growth of Dairy-free Ice Creams
Based on distribution channels, hypermarkets and supermarkets, and online stores are driving the market growth of dairy-free ice creams. The growing sales of dairy-free ice creams in these channels can be attributed to the expanding middle-class population and their demands for healthy convenience foods such as ice creams. In addition, the growing preference of consumers for dairy-free ingredients is leading to the market expansion of dairy-free ice creams. Moreover, the easy availability of the product in the supermarket/hypermarkets is significantly catalysing the market development. Also, the emergence of e-commerce and various online platforms are providing impetus to the expansion of the market. Further, the introduction of new marketing strategies by the branded market players in promoting their quality dairy-free ice creams is augmenting the market for dairy-free ice creams.
North America to Account for a Substantial Share in the Dairy-free Ice Creams Market
The rising inclination of consumers towards vegan ice creams owing to the health benefits of dairy alternatives is accelerating the market development of dairy-free ice creams. In addition, the growing popularity of plant-based food products among the population and the strong foothold of leading industry players are providing impetus to the market expansion of dairy-free ice creams.
Dairy-free Ice Creams: Market Segmentation
The dairy-free ice creams are vegan ice creams that substitute regular milk with plant-based milk, such as almond milk, soy milk, and coconut milk, among others. The production of dairy-free ice creams includes mixing of ingredients, homogenisation of ingredients, and pasteurisation.
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The market for dairy-free ice creams, by source, is divided into:
- Coconut Milk
- Soy Milk
- Almond Milk
- Cashew milk
- Others
Based on flavour, the market is segmented into:
- Chocolate
- Vanilla
- Strawberry
- Neapolitan
- Cookies and Cream
- Mint Choco-Chip
- Caramel
- Others
On the basis of distribution channel, the market is classified into:
- Hypermarkets and Supermarkets
- Convenience Stores
- Online
- Others
Based on product, the market is divided into:
- Impulse
- Take Home
- Artisanal
On the basis of form, the market is bifurcated into:
- Singles
- Blends
The regional markets for dairy-free ice creams can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Health Consciousness and Increasing Cases of Lactose Intolerance to Drive the Market Growth of Dairy-free Ice Creams
The increasing demand for plant-based desserts owing to the rising health consciousness, changing consumer behaviour, and religious beliefs is leading to the steady growth of the market for dairy-free ice creams. In addition, the prevalence of lactose intolerance conditions worldwide is significantly catalysing the development of the market. About 60 per cent of the world’s population is unable to consume animal milk due to lactose intolerance. Moreover, dairy-free ice creams are widely consumed by people who care for the environment as fewer animals are exploited during the production and processing of the product. Also, less greenhouse gases are emitted during dairy-free milk production, so it is environmentally responsible. Further, the initiatives of the manufacturers in offering dairy-free ice creams of diversified flavours and ingredients are anticipated to impel the market in the forecast period.
Key Industry Players in the Global Dairy-free Ice Creams Market
The report gives a detailed analysis of the following key players in the global dairy-free ice creams market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Arctic Zero, Inc.
- Unilever PLC
- Perry’s Ice Cream Co., Inc.
- SorBabes
- Over The Moo
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Dairy-free Ice Creams Market Analysis
8.1 Key Industry Highlights
8.2 Global Dairy-free Ice Creams Historical Market (2017-2021)
8.3 Global Dairy-free Ice Creams Market Forecast (2022-2027)
8.4 Global Dairy-free Ice Creams Market by Source
8.4.1 Coconut Milk
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Soy Milk
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Almond Milk
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Cashew milk
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Others
8.5 Global Dairy-free Ice Creams Market by Flavour
8.5.1 Chocolate
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Vanilla
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Strawberry
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Neapolitan
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Cookies and Cream
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.5.6 Mint Choco-Chip
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2017-2021)
8.5.6.3 Forecast Trend (2022-2027)
8.5.7 Caramel
8.5.7.1 Market Share
8.5.7.2 Historical Trend (2017-2021)
8.5.7.3 Forecast Trend (2022-2027)
8.5.8 Others
8.6 Global Dairy-free Ice Creams Market by Distribution Channel
8.6.1 Hypermarkets and Supermarkets
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Convenience Stores
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Online
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Others
8.7 Global Dairy-free Ice Creams Market by Product
8.7.1 Impulse
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Take Home
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.7.3 Artisanal
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2017-2021)
8.7.3.3 Forecast Trend (2022-2027)
8.8 Global Dairy-free Ice Creams Market by Form
8.8.1 Singles
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2017-2021)
8.8.1.3 Forecast Trend (2022-2027)
8.8.2 Blends
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2017-2021)
8.8.2.3 Forecast Trend (2022-2027)
8.9 Global Dairy-free Ice Creams Market by Region
8.9.1 Market Share
8.9.1.1 North America
8.9.1.2 Europe
8.9.1.3 Asia Pacific
8.9.1.4 Latin America
8.9.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Arctic Zero, Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Unilever PLC
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Perry’s Ice Cream Co., Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 SorBabes
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Over The Moo
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Figures and Tables
1. Global Dairy-free Ice Creams Market: Key Industry Highlights, 2017 and 2027
2. Global Dairy-free Ice Creams Historical Market: Breakup by Source (USD Million), 2017-2021
3. Global Dairy-free Ice Creams Market Forecast: Breakup by Source (USD Million), 2022-2027
4. Global Dairy-free Ice Creams Historical Market: Breakup by Flavour (USD Million), 2017-2021
5. Global Dairy-free Ice Creams Market Forecast: Breakup by Flavour (USD Million), 2022-2027
6. Global Dairy-free Ice Creams Historical Market: Breakup by Distribution Channel (USD Million), 2017-2021
7. Global Dairy-free Ice Creams Market Forecast: Breakup by Distribution Channel (USD Million), 2022-2027
8. Global Dairy-free Ice Creams Historical Market: Breakup by Product (USD Million), 2017-2021
9. Global Dairy-free Ice Creams Market Forecast: Breakup by Product (USD Million), 2022-2027
10. Global Dairy-free Ice Creams Historical Market: Breakup by Form (USD Million), 2017-2021
11. Global Dairy-free Ice Creams Market Forecast: Breakup by Form (USD Million), 2022-2027
12. Global Dairy-free Ice Creams Historical Market: Breakup by Region (USD Million), 2017-2021
13. Global Dairy-free Ice Creams Market Forecast: Breakup by Region (USD Million), 2022-2027
14. North America Dairy-free Ice Creams Historical Market: Breakup by Country (USD Million), 2017-2021
15. North America Dairy-free Ice Creams Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Europe Dairy-free Ice Creams Historical Market: Breakup by Country (USD Million), 2017-2021
17. Europe Dairy-free Ice Creams Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Asia Pacific Dairy-free Ice Creams Historical Market: Breakup by Country (USD Million), 2017-2021
19. Asia Pacific Dairy-free Ice Creams Market Forecast: Breakup by Country (USD Million), 2022-2027
20. Latin America Dairy-free Ice Creams Historical Market: Breakup by Country (USD Million), 2017-2021
21. Latin America Dairy-free Ice Creams Market Forecast: Breakup by Country (USD Million), 2022-2027
22. Middle East and Africa Dairy-free Ice Creams Historical Market: Breakup by Country (USD Million), 2017-2021
23. Middle East and Africa Dairy-free Ice Creams Market Forecast: Breakup by Country (USD Million), 2022-2027
24. Global Dairy-free Ice Creams Market Structure
Key Questions Answered in the Report
In 2021, the global dairy-free ice creams market attained a value of nearly USD 664 million.
The market is assessed to grow at a CAGR of 13.60% between 2022 and 2027.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach almost USD 1427 million by 2027.
The major industry drivers are rising inclination towards plant-based desserts and convenience foods, developed distribution channels, environmental friendliness of the product, and the innovative marketing strategies by branded industry players.
The key industry trends guiding the growth of the market include the growing health consciousness, prevalence of lactose intolerance cases, and the launch of diversified dairy-free ice creams by industry players.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various sources that are available in the market include coconut milk, soy milk, almond milk, and cashew milk, among others.
The different flavours available for dairy-free ice creams include chocolate, vanilla, strawberry, Neapolitan, cookies and cream, mint choco-chip, and caramel, among others.
The different distribution channels of the market are hypermarkets and supermarkets, convenience stores, and online, among others.
The major market divisions, based on product, include impulse, take home, and artisanal.
The different forms available in the market include singles and blends.
The major players in the industry are the Arctic Zero, Inc., Unilever PLC, Perry’s Ice Cream Co., Inc., SorBabes, and Over The Moo, among others.
Analyst Review
The global dairy-free ice creams market attained a value of nearly USD 664 million in 2021, driven by the growing inclination towards plant-based desserts and convenience foods. Aided by the prevalence of lactose intolerance condition, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 13.60%. The market is estimated to reach about USD 1427 million by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The market for dairy-free ice creams, by source, is divided into coconut milk, soy milk, almond milk, and cashew milk, among others. Based on flavour, the market is segmented into chocolate, vanilla, strawberry, Neapolitan, cookies and cream, mint choco-chip, and caramel, among others. On the basis of distribution channel, the market is classified into hypermarkets and supermarkets, convenience stores, and online, among others. Based on product, the market is segmented into impulse, take home, and artisanal. On the basis of form, the market is bifurcated into singles and blends. The major regional markets for dairy-free ice creams are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Arctic Zero, Inc., Unilever PLC, Perry’s Ice Cream Co., Inc., SorBabes, and Over The Moo, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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