Non-Dairy Ice Cream Market Projected to Witness a 10.4% CAGR During the Forecast Period 2023-2032

Non-dairy ice cream, also known as plant-based or vegan ice cream, is made using alternative ingredients to dairy, such as plant-based milks like almond, coconut, soy, oat, or cashew milk. These ingredients are blended with sweeteners, stabilizers, flavors, and sometimes additional add-ins to create frozen desserts that mimic the taste, texture, and mouthfeel of traditional dairy ice cream.

The global non-dairy ice cream market size is expected to reach USD 1,965.01 million by 2032, according to a new study by Polaris Market Research. The report “Non-Dairy Ice Cream Market Size, Share & Trends Analysis Report, By Source (Coconut Milk, Almond Milk, Cashew Milk, Soy Milk, Other Sources); By Flavor; By Product; By Form; By Distribution Channel; By Region; Segment Forecast, 2023 – 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

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Global market is experiencing growth due to changing consumer preferences towards non-dairy and plant-based products, driven by concerns such as animal welfare, health, and environmental sustainability. The availability of non-diary ice creams in various flavors, coupled with higher protein content and less fat, appeals to health-conscious consumers seeking healthy indulgence options.

Additionally, increasing incidences of lactose intolerance and growing awareness of the consequences of Celiac disease further contribute to market growth. Key manufacturers are launching a range of plant-based ice creams to cater to this growing demand. This shift towards plant-based and non-dairy alternatives presents a significant opportunity for the market to expand and flourish in the projected period.

The COVID-19 pandemic brought about both positive and negative impacts on the non-dairy ice cream market. Increased consumer focus on health and comfort foods drove up demand, while disruptions in the supply chain and changes in consumer behaviour negatively impacted the market. Despite these challenges, the market is expected to continue growing as consumers seek out healthier and plant-based food options.

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Companies in the market are focusing on product innovations and product launches. In March 2023, Planet Based is expanded its offerings into the non-dairy frozen desserts comprising of the hemp vegan ice cream, debuting at the upcoming Expo West in Anaheim, CA.

In February 2023, Valsoia, launched a new line of the vegan gelato. It is made up with the rice & sunflower oil, the gelato is claimed to have a smooth and creamy texture like traditional Italian gelato.

Non-Dairy Ice Cream Market Report Highlights

  • Coconut milk segment is expected to hold the largest share during the forecast period due to its wide-scale availability at low costs, compatibility, and health benefits.
  • The singles segment is expected to grow at the fastest CAGR rate during the forecast period due to the high demand for classic flavors and various single-fruit flavors combined with add-on chips.
  • The impulse segment is expected to hold a significant revenue share until 2032, driven by a young population and a rising female workforce’s demand for convenient and affordable food options.
  • The chocolate segment is expected to hold the largest revenue share of the market due to changing peoples’ preferences towards chocolate and the introduction of new flavors in cocoa.
  • The supermarket segment is anticipated to hold significant market revenue shares due to supermarkets being available in every city area, and it’s a shopping destination for food and beverage products.
  • North America is accounted to hold the largest shares of the market in 2022. It will continue its significant growth over the projected period due to the rise in vegetarian and flexitarian lifestyles and the increasing prevalence of lactose intolerance and related conditions.
  • Global players include Unilever, General Mills, Nestle, Danone, Daiya Foods, and Tofutti Brands.
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Polaris Market Research has segmented the Non-Dairy Ice Cream market report based on source, flavor, product, form, distribution channel and region:

Non-Dairy Ice Cream, Source Outlook (Revenue, USD Million, 2019 – 2032)

  • Coconut milk
  • Almond milk
  • Cashew milk
  • Soy milk
  • Other sources

Non-Dairy Ice Cream, Flavor Outlook (Revenue, USD Million, 2019 – 2032)

  • Singles
  • Blends

Non-Dairy Ice Cream, Product Outlook (Revenue, USD Million, 2019 – 2032)

  • Impulse
  • Artisanal
  • Take home

Non-Dairy Ice Cream, Form Outlook (Revenue, USD Million, 2019 – 2032)

  • Vanilla
  • Chocolate
  • Butter pecan
  • Strawberry
  • Neapolitan
  • Cookies & Cream
  • Mint Choco chip
  • Caramel
  • Others

Non-Dairy Ice Cream, Distribution channel Outlook (Revenue, USD Million, 2019 – 2032)

  • Supermarkets
  • Convenience Stores
  • Food & Drink Specialists
  • Restaurants
  • Online Stores
  • Others

Non-Dairy Ice Cream, Regional Outlook (Revenue – USD Million, 2019 – 2032)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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