Vegan Ice Cream Market Trends

Global Vegan Ice Cream Market size was valued at USD 685 Million in 2023 and is poised to grow from USD 758.3 Million in 2024 to USD 1710.09 Million by 2032, at a CAGR of 10.7% during the forecast period (2025-2032).

As per this global vegan ice cream market analysis, companies should focus on launching new products with unique flavors to stay competitive and boost sales. Providing artisanal and premium vegan ice cream products can also help market players enhance their revenue generation potential on a global level. Targeting countries such as the United Kingdom, India, Indonesia, and the United States is slated to present new opportunities for vegan ice cream vendors through 2032. 'Bliss Unlimited LLC. (U.S.)', 'General Mills Inc. (U.S.)', 'Wells Enterprises. (U.S.)', 'Happy Cow Ltd. (India)', 'McDonald's. (U.S.)', 'Nestlé S.A. (Switzerland)', 'Tofutti Brands, Inc. (U.S.)', 'Unilever (U.K.)', 'Wm Morrison Supermarkets Limited (U.K.)', 'boojabooja (U.S.)', 'Eden Creamery LLC. (U.S.)', 'Over The Moo (Australia)', 'Waitrose & Partners (U.K.)', 'DREAM (U.S.)', 'NADAMOO (U.S.)', 'Van Leeuwen Ice Cream LLC (U.S.)', 'Trader Joe's (U.S.)', 'Ben & Jerry's Homemade, Inc. (U.S.) '

A growing number of people are opting for plant-based diets and food products owing to the rising popularity of veganism and high emphasis on animal welfare. Health-conscious consumers are preferring vegan ice cream made from almond, coconut, soy, and oat milk owing to their ethical considerations thereby driving the global vegan ice cream market outlook.

Use of Innovative Milk Bases: Vegan ice cream manufacturers should focus on expansion of milk bases using innovative products beyond the traditional almond and coconut milk bases. Oat milk, cashew milk, and hemp milk are emerging as popular alternatives to traditional plant-based milk used in the production of vegan ice cream in the long run.

Europe is slated to spearhead the consumption of vegan ice cream on a global level. Rapidly increasing number of vegans, high emphasis on sustainability, and presence of a highly health conscious and aware consumer base helps this region lead the sales of vegan ice cream going forward. Increasing willingness of people to experiment and try out new products is also forecasted to boost sales of vegan ice cream in Europe. The United Kingdom, France, and Germany are slated to emerge as the most opportune countries for vegan ice cream companies looking to make a mark in the European region across the forecast period and beyond.