Market Overview
According to the latest research, non-dairy frozen desserts will likely witness sturdy growth from 2021-to 2031. Demand for non-dairy frozen desserts will witness a higher growth outlook in the long run than that of historical growth. Increasing awareness regarding the importance of a healthy vegan lifestyle will mean limited opportunities shortly; however, rising demand for dairy alternatives by fitness enthusiasts working out and following their diet regularly will provide momentum to the Non-Dairy Frozen Desserts Market Revenue.
The surging population of vegetarianism and veganism with the mounting awareness among individuals to live a healthier lifestyle, both in developing and developed countries, are key factors that are likely to have a significant impact on the overall growth of the vegan dessert market shortly.
Evolving demand for more organic, natural, and plant-based food compared to synthetic/color-added food ingredients in desserts such as ice creams drives the demand for non-dairy frozen desserts in daily diet.
Sales of non-dairy frozen desserts have gone through a recurring boom-and-bust, which has remained an enduring challenge for manufacturers. The fluctuation was primarily evident due to the temporary halt in operations with an outbreak of uncertain diseases like COVID. Manufacturers remained unprepared concerning capacity utilization and expansion.
Key Players
Arla Foods amba (Denmark), Daiya Foods Inc. (Canada), Sunopta Inc. (Canada), Unilever (UK), Archer Daniels Midland Company (US), Nestlé S.A. (Switzerland), General Mills, Inc. (the US), The Hain Celestial Group (US), Cool Delight Desserts Ltd (UK), and Halo Top Creamery (US) are some of the key players in the global Non-Dairy Frozen Desserts Market Revenue.
Market Segmentation:
The Non-Dairy Frozen Desserts Market Revenue has been segmented based on the following:
By type:
- Custards and puddings
- Ice-creams
- Cakes and pastries
- Yogurt
By category:
- Lactose-free
- Conventional
By distribution channel:
- Store-based
- Non-store-based
Regional Analysis
The growing popularity of the vegan lifestyle in developed economies of North America has been driving the market for vegan desserts across the region. The vegan dessert is increasingly gaining visibility on the menu of restaurants and cafes to appeal to consumers with dietary concerns. Consumers with cardiovascular diseases, high cholesterol levels, and allergies to eggs are creating a demand for healthier non-dairy frozen desserts to cope with their cravings.
The US frozen meal packaging Revenue is set to tread on the historical pattern of bust and boom during the assessment period 2021-2031. Demand is likely to leap and bound in the next couple of years with an upsurge in the vegan population. Companies such as Nestle are tapping into growing consumer demand for vegan products by launching a non-dairy range like Haggen-Dazs ice cream in the United States.
Some of the prominent players belonging to the Non-Dairy Frozen Desserts Market Revenue are as follows:
- Hain Celestial
- Archer Daniels Midland
- Daiya Foods
- Arla Foods
- Cool Delight Desserts
- Sunopta
- Unilever
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