Global Dairy-Free Ice Cream Market Expected to Reach USD 1.2 billion by 2025

17-jun-19 The global dairy-free ice cream market  expanding at a CAGR of 14.8% in the forecast period, according to a new report. Increasing awareness about health issues due to lactose present in the milk is propelling the demand for vegan ice cream.

Coconut is a major source for the production of vegan ice cream and it accounted for 37.4% share of the overall revenue in 2018. Easy availability and increasing consumer demand are expected to fuel the demand for coconut milk in vegan ice cream market in the forecast period. Almond milk is the fastest growing segment among all the sources, expanding at a CAGR of 15.8% in the forecast period. Nutritional benefits of almond milk are the key factor responsible for the segment growth in vegan ice cream market.

Non-dairy ice cream is found in various flavors in the market. Chocolate is the most preferred flavor among consumers and it accounted for 36% share of the overall revenue in 2018. Rising demand for chocolate chips among consumers is the key factor for the segment growth in non-dairy ice cream market.

Furthermore, flavor preferences differ from country to country. For instance, lemon is the most favorite flavor among consumers in Europe. Vanilla is the second most preferred flavor in the global non-dairy ice cream market and it is expected to expand at a CAGR of 14.4% in the forecast period.

Supermarket/hypermarket is the most preferred channel among all, expanding at a CAGR of 15.1% in the forecast period. The online segment is anticipated to expand at a CAGR of 16.7% in the forecast period. Shifting consumer preferences towards online shopping have propelled the demand for online stores in the dairy-free ice cream market.

Further key findings from the study suggest:

• In terms of revenue, supermarket/hypermarket distribution channel is projected to expand at a CAGR of 15.1% over the forecast period

• Coconut is the most preferred source in the market due to its compatibility, easy availability, and increasing consumer demand

• Almond milk is the fastest growing source for the production due to increasing awareness about health and nutritional benefits of almond.

Request a Sample Copy of This Report: https://www.radiantinsights.com/research/dairy-free-ice-cream-market/request-sample

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights

Chapter 3. Dairy-Free Ice Cream Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges

If you have any special requirements, please let us know and we will offer you the report as you want.

Comments

Post a Comment

Popular posts from this blog

Vegetable Wax Candle Market Latest Developments and Future Scope to 2024

Synopsis Global Vegetable Wax Candle Market estimated to grow at a higher CAGR by the completion of the prediction period. Growth in the worries regarding environment and stress on the fitness of the humans is the most important reasons motivating the usage of vegetable waxes in most important industrialized procedures. Vegetable waxes are naturally happening materials, which do not comprise contaminants producing threats to the health. Growth in the prices of paraffin waxes is furthermore boosting the usage of natural waxes in maximum businesses. Natural waxes can be consumed in a number of arenas for example fruit surface coatings, paper surface coatings, foods, cosmetics, medicines, polymer processing, candles, polishes, and inks. Chemical configuration of maximum natural wax comprises triglycerides, stearic acid, palmitic acid and oleic acid. Vegetable waxes are utilized in most important industrialized procedures that comprise sunflower, Candelilla wax, soya wax, carnauba wax a...
Read more

Baby Body Lotion Market Outlook 2015

The Global Baby Body Lotion Industry 2015 Market Research Report is a professional and in-depth study on the current state of the Baby Body Lotion industry. Request a Sample Copy of This Report:   https://www.radiantinsights.com/research/global-baby-body-lotion-industry-2015-market-research-report/request-sample The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure.The Baby Body Lotion market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. The report focuses on global major leading industry players providing information such as company profiles, product pi...
Read more

Global Murphy Bed Market Capacity, Production and Growth Rate Forecast (2018-2025)

4-dec-2018 This report studies the global Murphy Bed market status and forecast, categorizes the global Murphy Bed market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report  Wilding Wallbeds Murphy Wall Beds Hardware SICO Inc. Clever (Homes Casa) FlyingBeds International Clei (Lawrance) The London Wallbed Company The Bedder Way Co. More Space Place Lagrama BESTAR inc. Instant Bedrooms Twin Cities Closet Company Murphy Bed USA B.O.F.F. Wall Bed Wall Beds Manufacturing Spaceman Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering North America Europe China Japan Southeast Asia India Request a Sample Copy of Thi...
Read more