Dairy-free ice cream is a new rage in the market that consists of casein, albumin, vitamins, improved lipid contents, and carbohydrates. More and more people inclining towards veganism and increased health awareness are likely to stimulate the global dairy-free ice cream market growth during the forecast period.
With an increasing number of people suffering from lactose intolerance and ailments related to it, the global dairy-free ice cream market is experiencing high demand. The surge in awareness about dairy-free products, which can be consumed by people suffering from IBS and milk-related issues, is also anticipated to boost market growth in the future. In addition, with the increased production of plant-based milk, more people prefer dairy-free products, giving traction to the market.
The rise in socialization and inclusion of several nutritious ingredients in dairy-free ice creams are also attracting people towards trying new variants and brands to choose their favorite one. Nevertheless, the manufacturing companies have to be extra-cautious due to stringent regulations imposed by the governments of various countries.
The global dairy-free ice cream market is classified based on distribution channel, sales, flavor, and region. On the basis of source, the market is divided into soy, almond, and coconut. In terms of distribution channels, the market is segregated into chocolate, vanilla, and strawberry. Based on the distribution channel, the market is classified into convenience stores, supermarkets, and online stores.
Geographically, North America is foreseen to register the highest growth rate in terms of CAGR during the forecast period. The growth is credited to the shift in customer preferences for food, change in eating habits, and inclination towards a healthy lifestyle leading to choosing vegan food over dairy and animal products. The players in the region are working on launching newer dairy-free ice cream products in the market to attract more customers with an improved product range. This is another factor leading to demand in the global dairy-free ice cream market. Besides, a rise in disposable income and willingness to spend on expensive flavors are also likely to back up the market growth in the future. Moreover, the presence of several key players is another major factor in regional development in the market.
Interestingly, the global dairy-free ice cream market is divided with the key companies competing with regional as well as the local brands and the private brands. The reigning companies in the global dairy-free ice cream market are Häagen-Dazs, Danone S.A., Tofutti Brands, Inc., Unilever plc. (Ben & Jerry’s), General Mills, Inc., and Little Red Rooster Ice Cream Company (NadaMoo). A year ago, one of the world-famous ice cream brands Baskin-Robbins came up with two new non-dairy flavors of ice cream. The flavors are absolutely vegan and have a base combination of almond butter and coconut oil, with incredible taste.
Having a Master’s Degree in Brewing Technology and overall experience of 6 years in the field of writing, Jerri has been one of the most workaholic and dedicated team members of thefoodbeveragenews.com portal. She has been a part of this portal for 4 years now. Jerri started a career in writing with freelancing and the journey has been worth watching and appraising. She handles the Beverage Industry domain of the portal and along with her team provides all the vital and up-to-the-minute news and reports to the readers in a simple and comprehensible manner.