The North America vegan ice cream market is estimated to grow at a CAGR of 8.0% during the forecast period. The market is expected to grow based on increasing obesity levels in both the US and Canada. Increasing issues concerning obesity have led Americans to go for plant-based/organic treats, even for desserts. The vegan ice cream sector has witnessed tremendous growth as they are increasingly made available in exotic flavors including caramel, chocolate, coconut, and more. Secondary growth factors for the vegan ice cream market in North America include rising per capita disposable income, increasing agricultural price index, increasing urban population, and a healthy eating index. Urban population customers are inclined to try new healthy food products, which makes the region a hot prospect for the vegan ice cream market.
The North American vegan ice cream market is segmented based on source, flavor, and distribution channel. Based on the source, the vegan ice cream market is segmented into almond milk, cashew milk, coconut milk, soy milk, and others (oat milk, rice milk). Based on flavor, the market is classified into caramel, chocolate, coconut, coffee, fruit, vanilla, and others. Based on the distribution channel, the market is segmented into convenience stores, supermarkets/hypermarkets, and online stores.
North American vegan ice cream market is analyzed across the US and Canada. The US accounts for the highest share of the market, leading Canada by a huge share. Obesity problems have motivated individuals in the US to consume cholesterol-free, naturally prepared dairy alternative products, which fuels the growth of the vegan ice cream market in the country.
A large number of players have entered the North American market, and the number is expected to increase soon, owing to the rise in demand for organic and plant-based products. Alden’s Organic (Oregon Ice Cream), Danone S.A., Double Rainbow Ice Creams, Inc., General Mills, Inc. (Häagen-Dazs), NADAMOO! (Little Red Rooster Ice Cream Company), The Hain Celestial Group, Wells Enterprises, Inc., and Unilever Group are some of the major players running the North America vegan ice cream market.
North American Vegan Ice Cream Industry Market by Source
· Almond Milk
· Cashew Milk
· Coconut Milk
· Soy Milk
· Others (Oat Milk, Rice Milk)
North American Vegan Ice Cream Market by Flavor
North American Vegan Ice Cream Market by Distribution Channel
· Convenience Stores
· Online Stores
· The US
· Alden’s Organic (Oregon Ice Cream)
· Arctic Zero, Inc.
· Beyond Better Foods, LLC (Enlightened)
· Bliss Unlimited, LLC
· Danone S.A.
· Double Rainbow Ice Creams, Inc.
· General Mills, Inc. (Häagen-Dazs)
· NADAMOO! (Little Red Rooster Ice Cream Company)
· O’MY Foods, LLC
· Perry's Ice Cream
· Target Brands, Inc.
· The Booja-Booja Company
· The Hain Celestial Group
· Tofutti Brands Inc.
· Wells Enterprises, Inc.
· Wonderlab Doozy, Inc.
· Unilever Group
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