North America Plant-based Ice-Cream Market

Plant-based Ice-Cream is a sweetened non-dairy based frozen product which is made from plant based ingredients including soy milk, almond milk, coconut milk, among others. It is considered as an alternative source of protein and rich source of antioxidants, and fiber, which improves skin texture and reduce the risk of cardiac diseases. In addition to this, plant-based ice creams are available in various flavors such as fruits, beans, nuts, among others.

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The increasing lactose intolerance population, along with the growing awareness regarding the health issues related to milk-based products, is driving the growth of the North America plant-based ice-cream market. Moreover, the increasing concern about animal welfare and environmental sustainability will further propel the North America plant-based ice-cream market. The inclination of consumers towards nutritional and healthy vegan food options driven by the increasing vegan population will surge the demand for plant-based ice cream in North America region. In addition to this, the growing plant-based milk production, along with increasing demand for plant-based frozen desserts among people, will boost the growth of the North America plant-based ice-cream market. Major players are expanding product portfolio due to change in the consumer taste and preference, which will create opportunities for plant-based ice-cream in near future. However, the high price of the plant-based ice cream may hinder the growth of the North America plant-based ice-cream market.

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Based on the Source, Almond milk segment is expected to grow at a higher CAGR in the North America plant-based ice-cream market due to its unique benefits such as creamier texture and easy blending property with the nuts and fruits ingredients. In addition to this, the increasing consumption almond milk for producing various vegan products will boost the growth of the almond milk segment in the near future.

Based on the End User, Supermarket and Hypermarket segment is anticipated to witness faster CAGR owing to the easy availability of the products, along with the attractive discount offers under one roof. The online segment is projected to dominate the market during the forecast period due to the increasing penetration of smart phone users and high availability of wide range of options for consumers in this region.

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Based on Countries, the U.S is expected to lead the North America plant-based ice-cream market owing to the increasing health-consciousness about vegan diets and rising adoption of the low-calories in dairy-free products. Moreover, rising lactose intolerance population will further increase the demand for plant-based ice cream in US.

Various notable players operating in the market include Oatly AB, Ben & Jerry’s Homemade, Inc. (Unilever Plc.), Bliss Unlimited, LLC, Tofutti Brands, Inc., Frankie & Jo’s, Dream (Hain Celestial Group), The Booja Booja Co., Happy cow Ltd., and Wink Frozen Desserts, among others.

Key Developments:

• • In 2019, Ben And Jerry’s expanded its product portfolio and launched the vegan ice-cream burger ranger known as Ice Cream Sandwich.
  • In 2019, Oatly AB launched oat-milk based vegan ice-cream ranges in the Wegman’s and Whole Foods retail ranges across the New York. Oatly AB has added three flavors, such as strawberry, vanilla, and chocolate to cater to the growing demand for the plant-based ice cream among consumers.

The North America Plant-based Ice Cream Market has been segmented based on source, product, Form, flavour, Distribution Channel, and countries. Based on source, the market is segmented soy milk, almonds milk, coconut milk, cashew milk and others. On the basis of product, the market is categorized into cones, bars, Cups/Tubs and others. Based on Form, the market is categorized into regular/plain and blend. On the basis of flavour, the market is categorized into fruits, Herbs, Nuts and beans. Based on Distribution Channel, the market is categorized into online stores, Supermarket and Hypermarket, conventional stores and others. On the basis of countries, the market is categorized into U.S., Canada.

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Key questions answered in this research report:

• • At what pace is North America Plant-based Ice Cream Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
  • What are the various application areas and how they are poised to grow?
  • Which Source generated maximum revenues in 2019 and identify the most promising Source during the forecast period?
  • What are the various Product areas of North America Plant-based Ice-Cream market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Source, By Product, By Form, By Flavour, By Distribution Channel, By Countries
Regional Coverage	North America
Companies Profiled	Oatly AB, Ben & Jerry’s Homemade, Inc. (Unilever Plc.), Bliss Unlimited, LLC, Tofutti Brands, Inc., Frankie & Jo’s, Dream (Hain Celestial Group), The Booja Booja Co., Happy cow Ltd., Wink Frozen Desserts, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

North America Plant-based Ice-Cream Market by Source

• • Soy Milk
  • Almond Milk
  • Coconut Milk
  • Cashew Milk
  • Others

North America Plant-based Ice-Cream Market by Product

• • Cones
  • Bars
  • Cups/Tubs
  • Others

North America Plant-based Ice-Cream Market by Form

• • Regular/Plain
  • Blend

North America Plant-based Ice-Cream Market by Flavour

• • Fruits
    • Strawberry
    • Orange
    • Banana
    • Raspberry
    • Others
  • Herbs
    • Cinnamon
    • Mint
    • Peppermint
    • Others
  • Nuts
    • Almond
    • Hazelnut
    • Coconut
    • Others
  • Beans
    • Vanilla
    • Coffee
    • Chocolate
  • Others

North America Plant-based Ice-Cream Market by Distribution Channel

• • Online Stores
  • Supermarket and Hypermarket
  • Conventional Stores
  • Others

North America Plant-based Ice-Cream Market by Countries

• • US Plant-based Ice-Cream Market All-Up (Option 1: Free 25% customization)
  • Canada Plant-based Ice-Cream Market All-Up (Option 2: Free 25% Customization)

Leading market players (Option 3: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Oatly AB
  • Ben & Jerry’s Homemade, Inc. (Unilever Plc.)
  • Bliss Unlimited, LLC
  • Tofutti Brands, Inc.
  • Frankie & Jo’s
  • Dream (Hain Celestial Group)
  • The Booja Booja Co.
  • Happy cow Ltd.
  • Wink Frozen Desserts