Non-dairy Ice Cream Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

  • Single User License $3500

Non-dairy Ice Cream Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : September, 2021 | Food and Beverages

Report Digest


Global Non-dairy Ice Cream Market: Snapshot 

Attributing to the increase in vegan population has given a significant boost to non-dairy ice cream. Moreover, rising number of lactose intolerant people and people who practice abstinence from animal products has further fueled demand in this market. Increasing milk related allergies is also supporting growth for non-dairy ice creams at the global level. People now are becoming more health conscious and focus on less bloating and less fattening products. Additionally, growing popularity of maintain calories and high intake of nutritious food products have surged demand in the global non-diary ice cream market. 

Crucial Factors That Have Led Demand In Global Non-Dairy Ice Cream Market Include: 

  • Profitable for individuals aiming to lose weight- products that are milk free helps in absorbing nutrients and potentially gain healthy weight.
  • Presence of antibodies in large quantities in milk, but processed milk contains added antibiotics and hormones including BGH (Bovine Growth Hormone) and IGF-1 (insulin-like growth factor). Excessive presence of these hormones might increase concerns among individuals. Higher IGF-1 levels can result in increasing colon, prostate, breast, and lung cancers.
  • Intolerance for spurred various digestive symptom including cramps, bloating, stomach pain, diarrhea, flatulence, and nausea. Millions of people across globe face these issues.
  • Reducing consumption of milk has resulted in minimizing acne. According to a study, presence of butterfat, lactose, and excess iodine in milk is the key driver that increases acne.
  • Different researchers have also posed that milk increases the chances of hormone related cancers. Strong link has also found between milk consumption and prostate and ovarian cancer.

Global Non-dairy Ice Cream Market: Overview

The global market for non-dairy ice cream comprises ice creams that are made from non-dairy milks such as soy, coconut, and almond, catering to consumers that are averse to dairy products either by choice or due to allergies related to or intolerance to milk products. Thus the rising population of vegans, people who practice abstinence from the use of animal products, and lactose intolerant people across the globe is working well in favor of the global non-dairy ice cream. The market is expected to expand at an impressive pace in the next few years.

Global Non-dairy Ice Cream Market: Trends and Opportunities

Some of the key factors working in favor of the global non-dairy ice creams market are the rising numbers of people adopting vegan lifestyles, rising number of health conscious people across the globe, and rise in available options in emerging markets as well. The rising number of companies in the market introducing an increased number of product variations based on flavors and ingredients are attracting consumers who previously saw dairy-free products as uninteresting recipes of popular food items. Easy availability of these ice creams through supermarkets, hypermarkets, and dedicated outlets in emerging economies and the high per capital consumption of ice cream in several developed economies are also working in favor of the global non-dairy ice creams market.

In the next few years, the market is expected to be driven due to technological advancements observed in the area of taste improvement and product innovations with the aim of bringing these ice creams closer in terms of taste with their conventional counterparts. The rising global production of plant milks is also expected to emerge as a good driving force for the global non-dairy ice cream market. However, the high costs of these ice creams as compared to conventional ice creams could hamper the growth prospects of the market to a certain degree. Of the key varieties of plant milks used for the production of non-dairy ice creams, the use of coconut milk remains the highest.

Global Non-dairy Ice Cream Market: Market Potential

Emerging economies in regions such as Asia Pacific and Latin America have been considered to be the most promising markets for non-dairy ice creams owing to the rising disposable incomes, increased expenditure on healthy desserts, and easier availability of these products through modern retail outlets such as hypermarkets and supermarkets. Companies seeking to make their positions stronger in the global non-dairy ice cream market need to focus on these new regional markets through modern retail channels and innovative flavors.

Global Non-Dairy Ice Cream Market: Geographical and Competitive Dynamics

Presently, the markets in Europe and North America are among the most profitable and well-established regional markets. The rising population of vegans in these regions and the increased preference to healthy food products are the key factors making these regional markets strong contenders in the global non-dairy ice cream market. While the market features favorable growth prospects in these regions in the next few years as well, the market in Asia Pacific is likely to emerge as the one with the most promising growth opportunities due to a rising population of people with high disposable incomes and rising curiosity regarding these ice creams. An increasing number of companies catering to the region is also likely to increase the scope and reach of the non-dairy ice creams market in the region.

Some of the leading companies operating in the global non-dairy ice cream market are Bliss Unlimited LLC, Unilever, NadaMoo, General Mills, Swedish Glace, and Danone.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?