Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Overview
Non-dairy ice cream refers to ice creams that are made without milk obtained from animals such as cows, buffaloes, and goats. It generally includes creamy coconut milk or other substitutes such as soy or almond milk. The global non-dairy ice cream market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global non-dairy ice cream market is expected to witness significant growth during the forecast period, owing to the rise in the vegan and flexitarian population in the U.S.
Market Drivers
The launch of innovative products by market players is expected to drive growth of the global non-dairy ice cream market during the forecast period. For instance, in August 2020, Ben & Jerry, a U.S.-based ice cream company, launched new non-dairy ice cream called ‘Un-fudge Our Future” as a part to reduce fossil fuel emissions. Furthermore, in November 2020, Graeter’s, a U.S.-based ice cream maker, introduced launched first-ever vegan ice cream in the U.S. market. Thus, these factors are expected to drive growth of the global non-dairy ice cream market growth over the forecast period. Moreover, increasing incidence of lactose intolerance is expected to boost the global non-dairy ice cream market growth over the forecast period.
Market Restraint
High cost as compared to conventional ice creams is expected to restrain growth of the global non-dairy ice cream market during the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global non-dairy ice cream market during the forecast period. This is owing to increasing demand for vegan ice cream due to increasing healthcare awareness in the region. Furthermore, Europe is expected to register a robust growth rate over the forecast period, owing to the changing lifestyle and the presence of major market players such as Swedish Glace, Booja-Booja, and Ben & Jerry’s.
Competitive Section
Major companies involved in the global non-dairy ice cream market are Unilever, Trader Joe's, General Mills, Van Leeuwen, Danone, NadaMoo, Booja, Dream, Tofutti Brands, Swedish Glace, Happy Cow, Over The Moo, Bliss Unlimited, and Eden Creamery.
For instance, in December 2020, Trader Joe's introduced non-dairy Mint & Chip Bon Bons, a seasonal vegan ice cream.
With the slowdown in world economic growth, the Non-Dairy Ice Cream industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Non-Dairy Ice Cream market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2018, Stratagem Market Insights analysts believe that in the next few years, Non-Dairy Ice Cream market size will be further expanded, we expect that by 2023, The market size of the Non-Dairy Ice Cream will reach XXX million $.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers.
Section 1: Definition
Section (2 3): Manufacturer Detail
Unilever
General Mills
Danone
Booja Booja
Tofutti Brands
Happy Cow
Bliss Unlimited
Eden Creamery
Over The Moo
Swedish Glace
Dream
NadaMoo
Van Leeuwen
Trader Joe's
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Coconut Milk
Almond Milk
Cashew Milk
Soy Milk
Industry Segmentation
Super Market
Convenience Store
Beverage Store
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2018-2023)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
