Plant Based Ice Creams Market Overview
The report is titled as ‘Plant Based Ice Creams Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Plant Based Ice Creams market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Plant Based Ice Creams market is expected to grow with significant rate in the near future.
In 2020, global plant-based ice creams market was valued at US$ XXX Mn and expected to grow significantly at a CAGR of XXX % over the forecast period
Plant Based Ice Creams Introduction
If one is an ice cream admirer and connoisseur, he’s got a myriad of choices in present times, including plant-based or vegan ice creams. The plant based or vegan ice creams are nothing but ice creams made up of just organic ingredients and free from any kind of animal products. Generally, the plant based ice creams contain almond, soy, cashew, coconut, or rice milk. And more importantly, the plant based or vegan ice cream does no harm to animals and is entirely cruelty-free, which makes it gain enormous traction all across the world.
Moreover, the plant based ice creams are much healthier than a traditional ice cream as it contains high amounts of proteins and lesser fat, which further boosts its demand across the global markets. One of the primary factors that is majorly driving the growth of the global plant based ice cream market is the growing number of lactose intolerant populations all around the globe along with rising awareness among consumers towards personal health and well-being, which is accelerating the demand of plant based ice creams worldwide.
Furthermore, the key players of the market are witnessing enormous growth of the vegan ice cream market as an opportunity to introduce more and more flavors in the market, which may further look appealing to the end consumers. Therefore, the global plant based ice cream market is estimated to witness major breakthroughs in the coming years.
Plant Based Ice Creams Market Segmentation
The global plant-based ice creams market is segmented on the basis of form, product type, flavor, source, sales channel, and region.
By Form
Blends
By Product Type
Cones
Cups/Tubs
Others
By Flavor
Strawberry
Banana
Orange
Raspberry
Pomegranate
Lemon
Others
Nuts
Coconut
Almond
Hazelnut
Others
Herbs
Cinnamon
Mint
Peppermint
Others
Beans
Vanilla
Chocolate
Coffee
Others
By Source
Coconut Milk
Almond Milk
Cashew Milk
Others
By Sales Channel
Indirect Sales
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Plant Based Ice Creams Market Key Players
Some of the key participating players in global plant-based ice creams market are:
Unilever PLC
Nobó.
SNOWFLAKE LUXURY GELATO
Moowing
BLISS UNLIMITED
Ben & Jerry's Homemade, Inc.
BOOJA-BOOJA
Jollyum
HappyCow's Healthy Eating Guide
Tofutti Brands, Inc.
NADAMOO
Hain Celestial
IMURAYA GROUP CO., LTD
Tofutti Brands, Inc
General Mills Inc
KLEINS ICE CREAM
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of Plant Based Ice Creams
Advantages of Plant Based Ice Creams
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.
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The plant-based ice creams market is estimated to reach at a value of US$ *** Mn by the end of 2022 and expected to reach at a value of US$ *** Mn by 2030 with a significant CAGR of ***%.
The base year for the report is 2021 in plant-based ice creams market.
The global plant-based ice creams market is segmented on the basis of form, product type, flavor, source, sales channel, and region.
Some of the key participating players in global plant-based ice creams market are: Unilever PLC, Nobó, SNOWFLAKE LUXURY GELATO, Moowing, BLISS UNLIMITED, Ben & Jerry's Homemade, Inc., BOOJA-BOOJA, Jollyum, HappyCow's Healthy Eating Guide, Tofutti Brands, Inc., NADAMOO, Hain Celestial, IMURAYA GROUP CO., LTD, Tofutti Brands, Inc, General Mills Inc, KLEINS ICE CREAM.