Global Non-Dairy Ice Cream Market Report 2022: Market is Poised to Grow by $1643.61 Million During 2022-2028

Global Non-Dairy Ice Cream Market Report 2022: Market is Poised to Grow by $1643.61 Million During 2022-2028

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Plant-based milks including coconut milk, almond milk, cashew milk, and others are used to make non-dairy ice cream. High lipid ingredients, sugars, casein, nutrients, and egg white are all found in non-dairy ice cream. Growing health consciousness, an increase in lactose intolerance, as well as other milk-related medical conditions and socialising habits, are all expected to accelerate the market growth of non-dairy ice cream in the estimated time frame. Additionally, there is a worldwide need for dairy replacement products due to the increasing prevalence of lactose intolerance and milk allergies among consumers. To appeal to more consumers, producers are using healthier components than their dairy counterparts.

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The Non-Dairy Ice Cream Market is valued at USD 637.03 Million in 2021 and is anticipated to reach USD 1643.61 Million over the forecast period 2028, at a CAGR of 14.5%.

Growing incidences of lactose intolerance and other milk-related allergies will be fueled product demand. broad product variations through ingredients such as coconut, almond & soy milk will positively influence the market growth. Additionally, innovative flavor provides mainly including blended flavors has enriched product development. Rising consumer spending on take-home and impulse products will further stimulate the non-dairy ice cream market demand.

Competitive Landscape and Non-Dairy Ice Cream Market Share Analysis

The Non-Dairy Ice Cream market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the Non-Dairy Ice Cream market.

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Players Covered In Non-Dairy Ice Cream Market Are:

·         Happy Cow Ltd.

·         Nestle

·         Ben and Jerry's Home Made

·         Wells Enterprise

·         Over the Moo

·         Bliss Unlimited LLC.

·         BOOJA-BOOJA

·         Van Leeuwen Ice Cream LLC.

·         Tofutti Brands Inc.

·         Eden Creamery LLC.

·         Waitrose and Partners

·         Traders Joe's.

·         Unilever

·         General Mills

·         Danone.

·         Swedish Glace

·         Talenti and other major players.

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Covid-19 Impact and Recovery Analysis on Industry:

COVID-19 pandemic is projected to hamper the non-dairy ice cream market growth in the forecast period owing to mainly ice cream is not considered as the essential food items, then shutdowns of ice cream parlors, hypermarkets, and other distribution channels, self-quarantine measures, interruption in transportation and unavailability of raw material are the key factor responsible to effect on ice cream industry. Being the vegan ice cream availability of milk is not sufficient to make ice cream thus mainly affected on the non-dairy or vegan food including ice cream. However, switching consumer preferences towards plant-based food production is expected to boost the non-dairy ice cream market growth after the pandemic and projected period.

Market Segmentation:

By Product Type      

·         Artisanal

·         Impulse

·         Take Home

By Source      

·         Coconut Milk

·         Soya Milk

·         Almond Milk

·         Cashew Milk

Key Benefits for Industry Participants & Stakeholders:

·         Industry drivers, restraints, and opportunities covered in the study

·         Neutral perspective on the market performance

·         Recent industry trends and developments

·         Competitive landscape & strategies of key players

·         Potential & niche segments and regions exhibiting promising growth covered

·         Historical, current, and projected market size, in terms of value

·         In-depth analysis of the Non-Dairy Ice Cream Market

Key Industry Developments In Non-Dairy Ice Cream Market

·         In February 2019, A Unilever Brand, Magnum ice cream declared that the launch of new magnum non-dairy frozen dessert bars in the United States. This launch of a new product will upgrade the company's product portfolio and strengthen its market share in the region.

·         In April 2017, Danone S.A. declared that they have signed the agreement to the accession of the company WhiteWave Foods Co with an investment of around USD 12.5 Billion. This acquisition will help the Danone company to develop new and innovative products, augment its distribution network, and strengthen its position in the non-dairy ice cream market.

Table of Content:

Chapter 1: Introduction

 1.1 Research Objectives

 1.2 Research Methodology

 1.3 Research Process

 1.4 Scope and Coverage

  1.4.1 Market Definition

  1.4.2 Key Questions Answered

 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment

 3.1 By Product Type

 3.2 By Source

 3.3 By Form

 3.4 By Flavour

Chapter 4: Market Landscape

 4.1 Porter's Five Forces Analysis

  4.1.1 Bargaining Power of Supplier

  4.1.2 Threat of New Entrants

  4.1.3 Threat of Substitutes

  4.1.4 Competitive Rivalry

  4.1.5 Bargaining Power Among Buyers

 4.2 Industry Value Chain Analysis

 4.3 Market Dynamics

  4.3.1 Drivers

  4.3.2 Restraints

  4.3.3 Opportunities

  4.5.4 Challenges

 4.4 Pestle Analysis

 4.5 Technological Roadmap

 4.6 Regulatory Landscape

 4.7 SWOT Analysis

 4.8 Price Trend Analysis

 4.9 Patent Analysis

 4.10 Analysis of the Impact of Covid-19

  4.10.1 Impact on the Overall Market

  4.10.2 Impact on the Supply Chain

  4.10.3 Impact on the Key Manufacturers

  4.10.4 Impact on the Pricing

Chapter 5: Non-Dairy Ice Cream Market by Product Type

 5.1 Non-Dairy Ice Cream Market Overview Snapshot and Growth Engine

 5.2 Non-Dairy Ice Cream Market Overview

 5.3 Artisanal

  5.3.1 Introduction and Market Overview

  5.3.2 Historic and Forecasted Market Size (2016-2028F)

  5.3.3 Key Market Trends, Growth Factors and Opportunities

  5.3.4 Artisanal: Grographic Segmentation

 5.4 Impulse

  5.4.1 Introduction and Market Overview

  5.4.2 Historic and Forecasted Market Size (2016-2028F)

  5.4.3 Key Market Trends, Growth Factors and Opportunities

  5.4.4 Impulse: Grographic Segmentation

 5.5 Take Home

  5.5.1 Introduction and Market Overview

  5.5.2 Historic and Forecasted Market Size (2016-2028F)

  5.5.3 Key Market Trends, Growth Factors and Opportunities

  5.5.4 Take Home: Grographic Segmentation

To Be Continued….

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