What is the global market size of the Non-Dairy Frozen Dessert Market?

Global Non-Dairy Frozen Dessert Market size was valued at USD 5.43 billion in 2021 and is poised to grow from USD 5.9 billion in 2022 to USD 11.5 billion by 2030, growing at a CAGR of 8.7% in the forecast period (2023-2030).

Global Non-Dairy Frozen Dessert Market Size, Share, Growth Analysis, By Product Type(Non-Dairy Ice Cream and Non-Dairy Frozen Yogurt), By Distribution Channel(Online retail, and Offline retail) - Industry Forecast 2024-2031

Report ID: SQMIG30I2106 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 60 | Figures: 80

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Global Non-Dairy Frozen Dessert Market size was valued at USD 5.9 billion in 2022 and is poised to grow from USD 6.41 billion in 2023 to USD 12.50 billion by 2031, at a CAGR of 8.70% during the forecast period (2024-2031).

The global Non-Dairy Frozen Dessert market is highly competitive, with several players operating in the market. The key players in the market are focused on product innovation, research and development, and strategic collaborations to expand their market presence. The presence of both global and regional players characterizes the market. The competition is expected to intensify further with the increasing demand for Non-Dairy Frozen Desserts and the entry of new players in the market. 'Unilever PLC', 'Nestle SA', 'General Mills, Inc.', 'Danone SA', 'The Hain Celestial Group, Inc.', 'Bliss Unlimited, LLC', 'Ben & Jerry's Homemade, Inc.', 'So Delicious Dairy Free', 'Tofutti Brands Inc.', 'Booja-Booja Limited', 'NadaMoo!', 'The Coconut Collaborative', 'Tofurky Company', 'Daiya Foods Inc.', 'Swedish Glace', 'Oatly AB', 'Perfect Day Foods', 'Califia Farms LP', 'Dream Group Holdings LLC', 'Breyers (owned by Unilever)', 'In March 2023, Häagen-Dazs launched a new range of vegan ice cream sandwiches in the UK.', 'In February 2023, Nestle introduced a new line of non-dairy ice cream pints under its brand Dreyer's in the US market.', 'In January 2023, Perfect Day, a US-based company that produces dairy proteins through fermentation, launches its first range of non-dairy ice cream products.', 'In August 2022, UK-based vegan ice cream brand Northern Bloc launched its first range of non-dairy ice cream bars.', 'In April 2022, Mooala, a US-based brand known for its plant-based milk products, enters the frozen dessert market with the launch of vegan ice cream.'

The increasing prevalence of lactose intolerance and milk allergies among consumers is a major driver for the growth of the global Non-Dairy Frozen Dessert market. The rising awareness regarding the health benefits of Non-Dairy Frozen Desserts and the growing demand for vegan and lactose-free products are further driving the growth of this market.

One key market trend in the global Non-Dairy Frozen Dessert market is the increasing popularity of plant-based ingredients. Consumers are becoming more health-conscious and are demanding healthier and more sustainable products. Plant-based ingredients such as coconut milk, soy milk, and almond milk are being increasingly used in Non-Dairy Frozen Desserts, replacing traditional dairy ingredients. Another trend is the growing popularity of online retail channels, which provide consumers with a wide range of options and convenient home delivery. Additionally, there is a growing demand for Non-Dairy Frozen Desserts with unique and exotic flavors to cater to the diverse tastes of consumers.

North America dominated the global market during the forecast period. The high demand for Non-Dairy Frozen Desserts in this region can be attributed to the increasing prevalence of lactose intolerance and milk allergies among consumers. Additionally, the growing health-consciousness and the trend of veganism are driving the growth of this market in North America.

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Global Non-Dairy Frozen Dessert Market Size, Share, Growth Analysis, By Product Type(Non-Dairy Ice Cream and Non-Dairy Frozen Yogurt), By Distribution Channel(Online retail, and Offline retail) - Industry Forecast 2024-2031

Global Non-Dairy Frozen Dessert Market News

Global Non-Dairy Frozen Dessert Market Report Snapshots

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