Published on: March 03, 2022
Plant based ice-creams market size will increase at a steady pace. The increasing consumer inclination towards vegan-based products and the growing concern towards animal welfare and environmental sustainability will be key factors influencing market growth during the forecast period. BEN & JERRY'S HOMEMADE, INC., Bliss Unlimited, LLC, LUV Ice Cream LLC, Oatly AB, and Jollyum Co. are some of the key vendors in this marketspace.
This report provides a comprehensive analysis of the market by form (singles and blends) and geography.
Key Takeaways from this Plant Based Ice-creams Market ReportTop Market Trend - Increasing consumer inclination towards vegan based products Growth Driver - Rising concern towards animal welfare and environmental sustainability Major Market Challenge - Several adverse effects associated with soy milk Parent Market - Packaged food & meats Prominent Vendors - BEN & JERRY'S HOMEMADE, INC., Bliss Unlimited, LLC, LUV Ice Cream LLC, Oatly AB, and Jollyum Co. Request for a FREE sample and get market size, CAGR, year-over-year growth, market share of key segments & geographic regions, and other statistics |
The plant based ice-creams market is catalogued under the packaged food & meats industry which will grow at a moderate pace during the forecast period.
Vendors in the global packaged foods and meats market are facing a huge threat from unorganized players. China and India are the two major producers and exporters of processed vegetables globally and the markets in both countries are dominated by unorganized players. Moreover, the global packaged foods and meats market is highly competitive because of the presence of several market vendors as well as distributors. The high purchase volume of packaged food is encouraging players to enter the market, which intensifies the competition.
The other drawback of the fragmented structure of the global packaged foods and meats market is that it presents a barrier to technologies that require standardization and integration. This standardization involves agreed improvements in quality and reliability as well as sophisticated manufacturing technology. Distributors and private label vendors mostly outsource their products to third-party food manufacturers, as it is hard to maintain standardized manufacturing technology.
The global market for plant based ice-creams has been segmented by form and geography. Based on Form, the market has been further segmented into singles and blends.
Based on Geography
The regional analysis provides comprehensive information of the upcoming growth opportunities across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA).
Regional-specific analysis also provide insights of the upcoming demand for plant based ice-creams across key countries in these regions.
Major market trends such as the increasing concern towards animal welfare and environmental sustainability and the growing consumer inclination towards vegan based products will have a positive influence on market growth and as a result, the market size will increase at a steady rate year-over-year.
The adverse effects associated with soy milk can hinder the demand for plant based ice-creams posing as a key challenge for vendor growth.
Request for your FREE sample and get the complete list of factors that will drive and challenge market growth
are some of the key plant based ice-creams market vendors covered in this report.
The market is competitive and with the upcoming number of growth opportunities for market vendors, the competitive landscape is set to intensify further. The key players are adopting various strategies including collaborations, M&As, and the development of innovative products to enhance their customer base.
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Scope of the Report |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Parent Market |
Packaged Food & Meats |
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Parent Market Size |
$XX.X billion |
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By Form |
Singles | Blends |
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Regional analysis |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA) |
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Companies profiled |
BEN & JERRY'S HOMEMADE, INC., Bliss Unlimited, LLC, LUV Ice Cream LLC, Oatly AB, and Jollyum Co. |
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Top Market Trend |
Increasing consumer inclination towards vegan based products | increasing concern towards animal welfare and environmental sustainability |
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Report Benefits |
Market trends analysis, Competitor market share and strategies, Company profiling and competitive benchmarking, Growth opportunities in global and regional levels, Business implications of market risks and challenges, |
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