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Vegan Ice Cream Market by Source (Coconut Milk, Soy Milk, Almond Milk, and Cashew milk), Flavor (Caramel, Chocolate, Coconut, Coffee, Vanilla, and Fruit), Sales Type (Impulse, Take Home, and Artisanal), and Distribution Channel (Supermarket/Hypermarket, Convenience Stores, and Online): Global Opportunity Analysis and Industry Forecast, 2020–2027

A06342
Pages: 300
Jun 2020 | 367 Views
 
Author(s) : Onkar Ambegaonkar, Aniket Kadam , Roshan Deshmukh
Tables: 135
Charts: 51
 

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The global vegan ice cream market was valued at $520.9 million in 2019, and is expected to grow at a CAGR of 13.7 to reach $805.3 million by 2027. Europe was the highest contributor to the global vegan ice cream market with $188.6 million in 2019. Vegan ice cream is made from various natural sources such as almonds milk, soy milk, coconut milk, cashew milk, and rice milk. 

The vegan ice cream market growth is driven by increase in number of vegan and diet-conscious consumers across the globe. Furthermore, rise in concern of lactose intolerance, owing to the deficiency of the intestinal enzyme lactase fuels the demand for dairy-free or vegan food products. Vegan ice cream has been gaining increased popularity in the mature and emerging market. This can be attributed to rise in number of people allergic to dairy products. Furthermore, growth in health awareness and increase in disposable income has augmented the growth of the vegan ice cream market. Moreover, introduction of additional healthy ingredients by different market players such as Wells Enterprises, Inc., NadaMoo! Booja, Happy Cow Limited, Over The Moo, and Swedish Glace significantly drives the market growth. However, fluctuation in prices of raw materials and high cost of plant-based milk extraction act as the major restraints of the global market. On the contrary, surge in demand for dairy-free products by vegan population and introduction of new flavors & varieties of vegan ice cream are anticipated to provide lucrative opportunities for the expansion of the global vegan ice cream market.

Vegan-Ice-Cream-Market-2020-2027

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The global vegan ice cream market is segmented into source, flavor, sales type, distribution channel, and region. On the basis of source, the market is categorized into coconut milk, soy milk, almond milk, and cashew milk. By flavor, it is classified into caramel, chocolate, coconut, coffee, vanilla, and fruit. Depending on sales type, it is fragmented into impulse, take home, and artisanal. In terms of distribution channel, it is differentiated into supermarket/hypermarket, convenience stores, and online. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Depending on the vegan ice cream market analysis, by source, the almond milk segment was the most prominent category in 2019, and is expected to remain dominant during the forecast period. However, the coconut milk segment is expected to grow at a notable CAGR of 12.9% throughout the forecast period. 

Vegan Ice Cream Market
By Source

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The coconut milk segment would witness the fastest growth, registering a CAGR of 15.2% during the forecast period.

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On basis of the vegan ice cream market forecast, by flavor, the caramel flavor segment was the highest contributor to the market in 2019. However, the fruits flavor segment is expected to grow at a higher growth rate during the forecast period.

Vegan Ice Cream Market
By Flavor

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Fruits segment would witness the fastest growth, registering a CAGR of 15.6% during the forecast period.

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By the vegan ice cream market forecast, by sales type, the take home segment was the highest contributor to the market in 2019. However, the artisanal segment is expected to grow at a higher rate during the forecast period.

Vegan Ice Cream Market
By Sales Type

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Artisanal segment would witness the fastest growth, registering a CAGR of 15.4% during the forecast period.

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Based on distribution channel, supermarket/hypermarket was the dominant segment in 2019, and is likely to witness notable growth during the forecast period. This is attributed to increase in adoption retail formats such as supermarkets and hypermarkets in both mature and emerging markets. Moreover, the one-stop solution provided by these retail formats makes them a popular shopping option for consumers. Furthermore, they offer a wide range of products at a competitive price to customers and are usually located at easily accessible areas, which add to overall attractiveness of this segment, thereby contributing toward the growth of the global market. 

Vegan Ice Cream Market
By Distribution Channel

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Online Sales Channel segment would witness the fastest growth, registering a CAGR of 8.3% during the forecast period.

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Region wise, Europe dominated the vegan ice cream market in 2019. However, Asia-Pacific is expected to grow at a higher CAGR during the forecast period, owing to rise in number of fitness-conscious consumers in the region.

Vegan Ice Cream Market
By Region

2027
Europe 
North America
Asia-pacific
Lamea

Europe is the largest market growing at a CAGR of 13.4% from 2020-2027.

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The players in the market have adopted product launch, acquisition, and collaboration as their key development strategies to increase their profitability and strengthen their foothold in the global vegan ice cream market industry. The key players profiled in the report include Unilever, General Mills, The Whitewave Foods Company (Denon), Hain Celestial Group, Bliss Unlimited, LLC, High Road Craft Brands, Alden’s Organic, Whole Foods Market IP. L.P., Tofutti Brands, Inc., and Trader Joe’s.

The other players operating in the global vegan ice cream market include Amy’s Kitchen, Double Rainbow Ice Creams, Inc., Wells Enterprises, Inc., NadaMoo! Booja-Booja, Happy Cow Limited, Over The Moo, Swedish Glace, ARCTIC ZERO, Inc. Perry’s Ice Cream, Coolhaus, SorBabes, and Beyond Better Foods, LLC. 

Key Benefits For Stakeholders

  • The report provides a quantitative analysis of the current vegan ice cream market size, trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.

  • Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.

  • In-depth analysis and the market size & segmentation assist to determine the prevailing market opportunities.

  • The major countries in each region are mapped according to their revenue contribution to the market. 

  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the global vegan ice cream market share of the players. 

Key Market Segments

By Source

  • Coconut Milk
  • Soy Milk
  • Almond Milk
  • Cashew milk

By Flavor

  • Caramel
  • Chocolate 
  • Coconut
  • Coffee
  • Vanilla 
  • Fruit

By Sales Type

  • Impulse
  • Take Home
  • Artisanal

By Distribution Channel

  • Supermarket/Hypermarket
  • Convenience Stores
  • Online

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Finland
    • Sweden
    • Denmark
    • Italy
    • UK
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping vegan ice cream market
3.3.Value chain analysis

3.3.1.Raw Material Suppliers
3.3.2.Vegan food Producers
3.3.3.Distribution Platforms
3.3.4.End Users

3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Increase in obese population
3.4.1.2.Rise in health and wellness trend among the target customers
3.4.1.3.Increase in disposable income

3.4.2.Restraint

3.4.2.1.High price of dairy alternative milk

3.4.3.Opportunities

3.4.3.1.Untapped developing markets
3.4.3.2.Innovation in taste and flavor of vegan ice cream

CHAPTER 4:VEGAN ICE CREAM MARKET, BY SOURCE

4.1.Overview

4.1.1.Market size and forecast

4.2.Coconut Milk

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis by country

4.3.Soy Milk

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis by country

4.4.Almond Milk

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis by country

4.5.Cashew milk

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis by country

CHAPTER 5:VEGAN ICE CREAM MARKET, BY FLAVOR

5.1.Overview

5.1.1.Market size and forecast

5.2.Chocolate

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis by country

5.3.Caramel

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis by country

5.4.Coconut

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis by country

5.5.Vanilla

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis by country

5.6.Coffee

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis by country

5.7.Fruit

5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast, by region
5.7.3.Market analysis by country

CHAPTER 6:VEGAN ICE CREAM MARKET, BY SALES TYPE

6.1.Overview

6.1.1.Market size and forecast

6.2.Impulse

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis by country

6.3.Take Home

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis by country

6.4.Artisanal

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis by country

CHAPTER 7:VEGAN ICE CREAM MARKET, BY DISTRIBUTION CHANNEL

7.1.Overview

7.1.1.Market size and forecast

7.2.Supermarkets/Hypermarkets

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis by country

7.3.Convenience Stores

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis by country

7.4.Online store

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by region
7.4.3.Market analysis by country

CHAPTER 8:VEGAN ICE CREAM MARKET, BY REGION

8.1.Overview

8.1.1.Market size and forecast

8.2.North America

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by source
8.2.3.Market size and forecast, by flavor
8.2.4.Market size and forecast, by sales type
8.2.5.Market size and forecast, by distribution channel
8.2.6.Market analysis by country

8.2.6.1.U.S.

8.2.6.1.1.Market size and forecast, by source
8.2.6.1.2.Market size and forecast, by flavor
8.2.6.1.3.Market size and forecast, by sales type
8.2.6.1.4.Market size and forecast, by distribution channel

8.2.6.2.Canada

8.2.6.2.1.Market size and forecast, by source
8.2.6.2.2.Market size and forecast, by flavor
8.2.6.2.3.Market size and forecast, by sales type
8.2.6.2.4.Market size and forecast, by distribution channel

8.2.6.3.Mexico

8.2.6.3.1.Market size and forecast, by source
8.2.6.3.2.Market size and forecast, by flavor
8.2.6.3.3.Market size and forecast, by sales type
8.2.6.3.4.Market size and forecast, by distribution channel

8.3.Europe

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by source
8.3.3.Market size and forecast, by flavor
8.3.4.Market size and forecast, by sales type
8.3.5.Market size and forecast, by distribution channel
8.3.6.Market analysis by country

8.3.6.1.Finland

8.3.6.1.1.Market size and forecast, by source
8.3.6.1.2.Market size and forecast, by flavor
8.3.6.1.3.Market size and forecast, by sales type
8.3.6.1.4.Market size and forecast, by distribution channel

8.3.6.2.Sweden

8.3.6.2.1.Market size and forecast, by source
8.3.6.2.2.Market size and forecast, by flavor
8.3.6.2.3.Market size and forecast, by sales type
8.3.6.2.4.Market size and forecast, by distribution channel

8.3.6.3.Denmark

8.3.6.3.1.Market size and forecast, by source
8.3.6.3.2.Market size and forecast, by flavor
8.3.6.3.3.Market size and forecast, by sales type
8.3.6.3.4.Market size and forecast, by distribution channel
Source: Primary Research, Government Publications, and AMR Analysis

8.3.6.4.Italy

8.3.6.4.1.Market size and forecast, by source
8.3.6.4.2.Market size and forecast, by flavor
8.3.6.4.3.Market size and forecast, by sales type
8.3.6.4.4.Market size and forecast, by distribution channel
Source: Primary Research, Government Publications, and AMR Analysis

8.3.6.5.UK

8.3.6.5.1.Market size and forecast, by source
8.3.6.5.2.Market size and forecast, by flavor
8.3.6.5.3.Market size and forecast, by sales type
8.3.6.5.4.Market size and forecast, by distribution channel
Source: Primary Research, Government Publications, and AMR Analysis

8.3.6.6.Rest of Europe

8.3.6.6.1.Market size and forecast, by source
8.3.6.6.2.Market size and forecast, by flavor
8.3.6.6.3.Market size and forecast, by sales type
8.3.6.6.4.Market size and forecast, by distribution channel
Source: Primary Research, Government Publications, and AMR Analysis

8.4.Asia-Pacific

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by source
8.4.3.Market size and forecast, by flavor
8.4.4.Market size and forecast, by sales type
8.4.5.Market size and forecast, by distribution channel
8.4.6.Market analysis by country

8.4.6.1.China

8.4.6.1.1.Market size and forecast, by source
8.4.6.1.2.Market size and forecast, by flavor
8.4.6.1.3.Market size and forecast, by sales type
8.4.6.1.4.Market size and forecast, by distribution channel
Source: Primary Research, Government Publications, and AMR Analysis

8.4.6.2.Japan

8.4.6.2.1.Market size and forecast, by source
8.4.6.2.2.Market size and forecast, by flavor
8.4.6.2.3.Market size and forecast, by sales type
8.4.6.2.4.Market size and forecast, by distribution channel
Source: Primary Research, Government Publications, and AMR Analysis

8.4.6.3.India

8.4.6.3.1.Market size and forecast, by source
8.4.6.3.2.Market size and forecast, by flavor
8.4.6.3.3.Market size and forecast, by sales type
8.4.6.3.4.Market size and forecast, by distribution channel
Source: Primary Research, Government Publications, and AMR Analysis

8.4.6.4.New Zealand

8.4.6.4.1.Market size and forecast, by source
8.4.6.4.2.Market size and forecast, by flavor
8.4.6.4.3.Market size and forecast, by sales type
8.4.6.4.4.Market size and forecast, by distribution channel
Source: Primary Research, Government Publications, and AMR Analysis

8.4.6.5.Australia

8.4.6.5.1.Market size and forecast, by source
8.4.6.5.2.Market size and forecast, by flavor
8.4.6.5.3.Market size and forecast, by sales type
8.4.6.5.4.Market size and forecast, by distribution channel
Source: Primary Research, Government Publications, and AMR Analysis

8.4.6.6.Rest of Asia-Pacific

8.4.6.6.1.Market size and forecast, by source
8.4.6.6.2.Market size and forecast, by flavor
8.4.6.6.3.Market size and forecast, by sales type
8.4.6.6.4.Market size and forecast, by distribution channel
Source: Primary Research, Government Publications, and AMR Analysis

8.5.LAMEA

8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by source
8.5.3.Market size and forecast, by flavor
8.5.4.Market size and forecast, by sales type
8.5.5.Market size and forecast, by distribution channel
8.5.6.Market analysis by country

8.5.6.1.Latin America

8.5.6.1.1.Market size and forecast, by source
8.5.6.1.2.Market size and forecast, by flavor
8.5.6.1.3.Market size and forecast, by sales type
8.5.6.1.4.Market size and forecast, by distribution channel
Source: Primary Research, Government Publications, and AMR Analysis

8.5.6.2.Middle East

8.5.6.2.1.Market size and forecast, by source
8.5.6.2.2.Market size and forecast, by flavor
8.5.6.2.3.Market size and forecast, by sales type
8.5.6.2.4.Market size and forecast, by distribution channel
Source: Primary Research, Government Publications, and AMR Analysis

8.5.6.3.Africa

8.5.6.3.1.Market size and forecast, by source
8.5.6.3.2.Market size and forecast, by flavor
8.5.6.3.3.Market size and forecast, by sales type
8.5.6.3.4.Market size and forecast, by distribution channel
Source: Primary Research, Government Publications, and AMR Analysis

CHAPTER 9:COMPETITION LANDSCAPE

9.1.Product mapping
9.2.Competitive dashboard
9.3.Competitive heat map

CHAPTER 10:COMPANY PROFILES

10.1.ARCTIC ZERO, Inc.

10.1.1.Company overview
10.1.2.Key Executives
10.1.3.Company snapshot
10.1.4.Product portfolio

10.2.BEYOND BUTTER FOODS, LLC

10.2.1.Company overview
10.2.2.Key Executives
10.2.3.Company snapshot
10.2.4.Product portfolio

10.3.COOLHAUS

10.3.1.Company overview
10.3.2.Company snapshot
10.3.3.Product portfolio

10.4.HAPPY COW LIMITED

10.4.1.Company overview
10.4.2.Company snapshot
10.4.3.Product portfolio

10.5.THE BOOJA-BOOJA COMPANY

10.5.1.Company overview
10.5.2.Company snapshot
10.5.3.Product portfolio

10.6.NADAMOO!

10.6.1.Company overview
10.6.2.Company snapshot
10.6.3.Product portfolio

10.7.PERRY’S ICE CREAM CO., INC.

10.7.1.Company overview
10.7.2.Company snapshot
10.7.3.Product portfolio

10.8.SORBABES

10.8.1.Company overview
10.8.2.Company snapshot
10.8.3.Product portfolio

10.9.DOUBLE RAINBOW ICE CREAMS, INC.

10.9.1.Company overview
10.9.2.Company snapshot
10.9.3.Product portfolio

10.10.OVER THE MOO PTY, LTD.

10.10.1.Company overview
10.10.2.Company snapshot
10.10.3.Product portfolio

LIST OF TABLES

TABLE 01.GLOBAL VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 02.COCONUT MILK IN VEGAN ICE CREAM MARKET REVENUE, BY REGION 2019–2026 ($MILLION)
TABLE 03.SOY MILK IN VEGAN ICE CREAM MARKET REVENUE, BY REGION 2019–2026 ($MILLION)
TABLE 04.ALMOND MILK VEGAN ICE CREAM MARKET REVENUE, BY REGION 2019–2026 ($MILLION)
TABLE 05.CASHEW MILK VEGAN ICE CREAM MARKET REVENUE, BY REGION 2019–2026 ($MILLION)
TABLE 06.GLOBAL VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 07.CHOCOLATE IN VEGAN ICE CREAM MARKET REVENUE, BY REGION 2019–2026 ($MILLION)
TABLE 08.CARMEL IN VEGAN ICE CREAM MARKET REVENUE, BY REGION 2019–2026 ($MILLION)
TABLE 09.COCONUT VEGAN ICE CREAM MARKET REVENUE, BY REGION 2019–2026 ($MILLION)
TABLE 10.VANILLA VEGAN ICE CREAM MARKET REVENUE, BY REGION 2019–2026 ($MILLION)
TABLE 11.COFFEE VEGAN ICE CREAM MARKET REVENUE, BY REGION 2019–2026 ($MILLION)
TABLE 12.FRUIT VEGAN ICE CREAM MARKET REVENUE, BY REGION 2019–2026 ($MILLION)
TABLE 13.GLOBAL VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 14.IMPULSE IN VEGAN ICE CREAM MARKET REVENUE, BY REGION 2019–2026 ($MILLION)
TABLE 15.TAKE HOME IN VEGAN ICE CREAM MARKET REVENUE, BY REGION 2019–2026 ($MILLION)
TABLE 16.ARTISANAL VEGAN ICE CREAM MARKET REVENUE, BY REGION 2019–2026 ($MILLION)
TABLE 17.GLOBAL VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 18.VEGAN ICE CREAM MARKET REVENUE IN SUPERMARKETS/HYPERMARKETS STORE, BY REGION 2019–2026 ($MILLION)
TABLE 19.VEGAN ICE CREAM MARKET REVENUE IN CONVENIENCE STORES, BY REGION 2019–2026 ($MILLION)
TABLE 20.VEGAN ICE CREAM MARKET REVENUE IN ONLINE STORE, BY REGION 2019–2026 ($MILLION)
TABLE 21.GLOBAL VEGAN ICE CREAM MARKET REVENUE, BY REGION, 2020-2027 ($MILLION)
TABLE 22.NORTH AMERICA VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 23.NORTH AMERICA VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 24.NORTH AMERICA VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 25.NORTH AMERICA VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 26.NORTH AMERICA VEGAN ICE CREAM MARKET REVENUE, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 27.U.S. VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 28.U.S. VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 29.U.S. VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 30.U.S. VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 31.CANADA VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 32.CANADA VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 33.CANADA VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 34.CANADA VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 35.MEXICO VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 36.MEXICO VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 37.MEXICO VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 38.MEXICO VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 39.EUROPE VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 40.EUROPE VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 41.EUROPE VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 42.EUROPE VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 43.EUROPE VEGAN ICE CREAM MARKET REVENUE, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 44.FINLAND VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 45.FINLAND VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 46.FINLAND VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 47.FINLAND VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 48.SWEDEN VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 49.SWEDEN VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 50.SWEDEN VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 51.SWEDEN VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 52.DENMARK VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 53.DENMARK VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 54.DENMARK VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 55.DENMARK VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 56.ITALY VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 57.ITALY VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 58.ITALY VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 59.ITALY VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 60.UK VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 61.UK VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 62.UK VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 63.UK VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 64.REST OF EUROPE VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 65.REST OF EUROPE VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 66.REST OF EUROPE VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 67.REST OF EUROPE VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 68.ASIA-PACIFIC VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 69.ASIA-PACIFIC VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 70.ASIA-PACIFIC VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 71.ASIA-PACIFIC VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 72.ASIA-PACIFIC VEGAN ICE CREAM MARKET REVENUE, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 73.CHINA VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 74.CHINA VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 75.CHINA VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 76.CHINA VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 77.JAPAN VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 78.JAPAN VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 79.JAPAN VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 80.JAPAN VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 81.INDIA VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 82.INDIA VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 83.INDIA VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 84.INDIA VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 85.NEW ZEALAND VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 86.NEW ZEALAND VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 87.NEW ZEALAND VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 88.NEW ZEALAND VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 89.AUSTRALIA VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 90.AUSTRALIA VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 91.AUSTRALIA VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 92.AUSTRALIA VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 93.REST OF ASIA-PACIFIC VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 94.REST OF ASIA-PACIFIC VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 95.REST OF ASIA-PACIFIC VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 96.REST OF ASIA-PACIFIC VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 97.LAMEA VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 98.LAMEA VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 99.LAMEA VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 100.LAMEA VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 101.LAMEA VEGAN ICE CREAM MARKET REVENUE, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 102.LATIN AMERICA VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 103.LATIN AMERICA VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 104.LATIN AMERICA VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 105.LATIN AMERICA VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 106.MIDDLE EAST VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 107.MIDDLE EAST VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 108.MIDDLE EAST VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 109.MIDDLE EAST VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 110.AFRICA VEGAN ICE CREAM MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 111.AFRICA VEGAN ICE CREAM MARKET, BY FLAVOR, 2020-2027 ($MILLION)
TABLE 112.AFRICA VEGAN ICE CREAM MARKET, BY SALES TYPE, 2020-2027 ($MILLION)
TABLE 113.AFRICA VEGAN ICE CREAM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2027 ($MILLION)
TABLE 114.ARCTIC ZERO, INC.: KEY EXECUTIVES
TABLE 115.ARCTIC ZERO, INC.: COMPANY SNAPSHOT
TABLE 116.ARCTIC ZERO, INC.: PRODUCT PORTFOLIO
TABLE 117.BEYOND BUTTER FOODS, LLC: KEY EXECUTIVES
TABLE 118.BEYOND BUTTER FOODS, LLC: COMPANY SNAPSHOT
TABLE 119.BEYOND BUTTER FOODS, LLC: PRODUCT PORTFOLIO
TABLE 120.COOLHAUS: COMPANY SNAPSHOT
TABLE 121.COOLHAUS: PRODUCT PORTFOLIO
TABLE 122.HAPPY COW LIMITED: COMPANY SNAPSHOT
TABLE 123.HAPPY COW LIMITED: PRODUCT PORTFOLIO
TABLE 124.THE BOOJA-BOOJA COMPANY: COMPANY SNAPSHOT
TABLE 125.THE BOOJA-BOOJA COMPANY: PRODUCT PORTFOLIO
TABLE 126.NADAMOO!: COMPANY SNAPSHOT
TABLE 127.NADAMOO!: PRODUCT PORTFOLIO
TABLE 128.PERRY’S ICE CREAM CO., INC.: COMPANY SNAPSHOT
TABLE 129.PERRY’S ICE CREAM CO., INC.: PRODUCT PORTFOLIO
TABLE 130.SORBABES: COMPANY SNAPSHOT
TABLE 131.SORBABES: PRODUCT PORTFOLIO
TABLE 132.DOUBLE RAINBOW ICE CREAMS, INC.: COMPANY SNAPSHOT
TABLE 133.DOUBLE RAINBOW ICE CREAMS, INC.: PRODUCT PORTFOLIO
TABLE 134.OVER THE MOO PTY, LTD.: COMPANY SNAPSHOT
TABLE 135.OVER THE MOO PTY, LTD.: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.HIGH THREAT OF NEW ENTRANTS
FIGURE 06.HIGH THREAT OF SUBSTITUTES
FIGURE 07.MODERATE INTENSITY OF RIVALRY
FIGURE 08.MODERATE BARGAINING POWER OF BUYERS
FIGURE 09.VALUE CHAIN ANALYSIS
FIGURE 10.GLOBAL VEGAN ICE CREAM MARKET, BY SOURCE, 2019 ($MILLION)
FIGURE 11.COMPARATIVE VALUE SHARE ANALYSIS OF COCONUT MILK IN VEGAN ICE CREAM MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 12.COMPARATIVE VALUE SHARE ANALYSIS OF SOY MILK IN VEGAN ICE CREAM MARKET, BY COUNTRY,  2019 & 2027 (%)
FIGURE 13.COMPARATIVE VALUE SHARE ANALYSIS OF ALMOND MILK VEGAN ICE CREAM MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 14.COMPARATIVE VALUE SHARE ANALYSIS OF CASHEW MILK VEGAN ICE CREAM MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 15.GLOBAL VEGAN ICE CREAM MARKET, BY FLAVOR, 2019 ($MILLION)
FIGURE 16.COMPARATIVE VALUE SHARE ANALYSIS OF CHOCOLATE IN VEGAN ICE CREAM MARKET, BY COUNTRY,  2019 & 2027 (%)
FIGURE 17.COMPARATIVE VALUE SHARE ANALYSIS OF CARAMEL IN VEGAN ICE CREAM MARKET, BY COUNTRY,  2019 & 2027 (%)
FIGURE 18.COMPARATIVE VALUE SHARE ANALYSIS OF COCONUT VEGAN ICE CREAM MARKET, BY COUNTRY,  2019 & 2027 (%)
FIGURE 19.COMPARATIVE VALUE SHARE ANALYSIS OF VANILLA VEGAN ICE CREAM MARKET, BY COUNTRY,  2019 & 2027 (%)
FIGURE 20.COMPARATIVE VALUE SHARE ANALYSIS OF COFFEE VEGAN ICE CREAM MARKET, BY COUNTRY,  2019 & 2027 (%)
FIGURE 21.COMPARATIVE VALUE SHARE ANALYSIS OF FRUIT VEGAN ICE CREAM MARKET, BY COUNTRY,  2019 & 2027 (%)
FIGURE 22.GLOBAL VEGAN ICE CREAM MARKET, BY SALES TYPE, 2019 ($MILLION)
FIGURE 23.COMPARATIVE VALUE SHARE ANALYSIS OF IMPULSE IN VEGAN ICE CREAM MARKET, BY COUNTRY,  2019 & 2027 (%)
FIGURE 24.COMPARATIVE VALUE SHARE ANALYSIS OF TAKE HOME IN VEGAN ICE CREAM MARKET, BY COUNTRY,  2019 & 2027 (%)
FIGURE 25.COMPARATIVE VALUE SHARE ANALYSIS OF ARTISANAL VEGAN ICE CREAM MARKET, BY COUNTRY,  2019 & 2027 (%)
FIGURE 26.GLOBAL VEGAN ICE CREAM MARKET, BY DISTRIBUTION CHANNEL, 2020-2027
FIGURE 27.COMPARATIVE VALUE SHARE ANALYSIS OF VEGAN ICE CREAM MARKET IN SUPERMARKETS/HYPERMARKETS STORE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF VEGAN ICE CREAM MARKET REVENUE IN CONVENIENCE STORES, BY COUNTRY, 2018 & 2026 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF VEGAN ICE CREAM MARKET REVENUE IN ONLINE STORE, BY COUNTRY, 018 & 2026 (%)
FIGURE 30.GLOBAL VEGAN ICE CREAM MARKET, BY REGION, 2020-2027
FIGURE 31.U.S. VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 32.CANADA VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 33.MEXICO VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 34.FINLAND VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 35.SWEDEN VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 36.DENMARK VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 37.ITALY VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 38.UK VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 39.REST OF EUROPE VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 40.CHINA VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 41.JAPAN VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 42.INDIA VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 43.NEW ZEALAND VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 44.AUSTRALIA VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 45.REST OF ASIA-PACIFIC VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 46.LATIN AMERICA VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 47.MIDDLE EAST VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 48.AFRICA VEGAN ICE CREAM MARKET REVENUE, 2020-2027 ($MILLION)
FIGURE 49.PRODUCT MAPPING OF TOP 10 KEY PLAYERS
FIGURE 50.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 51.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS

 
 

The vegan ice cream market has witnessed steady growth even under several unrests such as global uncertainty and weakened global economy. According to the insights of the key opinion leaders of the industry, the almond milk segment is anticipated to witness significant growth, owing to shift in preference toward almond milk among vegan population particularly in North America. In addition, increase in health issues such as lactose intolerance and surge in prevalence of obesity among all age groups from emerging as well as developed regions drive the market growth for vegan ice cream. Moreover, rise in vegan population due to aggressive advertisements of veganism is anticipated to propel the global market growth.
 

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The global vegan ice cream market was valued at $520.9 million in 2019, and is expected to grow at a CAGR of 13.7% to reach $805.3 million by 2027

A. The global vegan ice cream market is expected to grow at a CAGR of 13.7% by 2027

A. YES

A. Rise in number of vegan & diet-conscious consumers across the globe and health issues such as lactose intolerance owing to deficiency of intestinal enzyme lactase and alarming increase in cases of obesity across the globe due to high intake of fats affects positively on the global vegan ice cream market

A. The global vegan ice cream market is segmented into source, flavor, sales type, distribution channel, and region. Depending on source, the market is categorized into coconut milk, soy milk, almond milk, and cashew milk. By flavor, it is fragmented into caramel, chocolate, coconut, coffee, vanilla, and fruit. On the basis of sales type, it is differentiated into impulse, take home, and artisanal. In terms of distribution channel, it is segregated into supermarket/hypermarket, convenience stores, and online. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

A. The forecast period for the vegan ice cream market is 2020-2027

A. Unilever, General Mills, The Whitewave Foods Company (Denon), Hain Celestial Group, Bliss Unlimited, LLC, High Road Craft Brands, Alden’s Organic, Whole Foods Market IP. L.P., Tofutti Brands, Inc., and Trader Joe’s are the active players in the vegan ice cream market

A. Europe was the most prominent market in 2019, and is expected to continue this trend in the near future, as the European consumers readily accept the new varieties of food products.

A. The emerging markets are likely to grow at a significant growth rate of more than 14.0% for the period under consideration.

 

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