Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Plant-Based Ice Cream Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Plant-Based Ice Cream Market Grow Between 2024 and 2025?
The plant-based ice cream market has witnessed substantial growth recently. The market size is expected to increase from $3.53 billion in 2024 to $4.25 billion in 2025, with a compound annual growth rate (CAGR) of 20.5%.
How Much Will the Plant-Based Ice Cream Market Be Worth in 2029?
The Plant-Based Ice Cream Global Market is predicted to expand significantly in the coming years, reaching a projected size of $9.08 billion in 2029. This growth equates to a compound annual growth rate (CAGR) of 20.9%.
Download the Free Sample Now:
Which Plant-Based Ice Cream Market Drivers Are Linked to Revenue Growth?
The key drivers in the plant-based ice cream market are:
• Rising health consciousness promoting vegan food consumption
• Growing environmental concerns leading to demand for plant-based alternatives
• Increase in demand for cruelty-free, vegan alternatives in ice creams
• The desire of vegan consumers for dairy-free treats aligning with their ethical and health considerations.
Which Segments Are Expected to Grow in the Plant-Based Ice Cream Market?
The plant-based ice creammarket covered in this report is segmented –
1) By Product Type: Bars, Cones, Cups Or Tubs, Other Product Types
2) By Source: Soy Milk, Coconut Milk, Almond Milk, Cashew Milk, Other Sources
3) By Flavor: Beans, Nuts, Fruits, Herbs, Other Flavors
4) By Sales Channel: Indirect Sales, Hyper Or Supermarket, Franchise Outlet, Online, Other Sales Channels
Explore the Complete Market Report:
What Are The Key Trends Impacting Growth In The Global Plant-Based Ice Cream Market?
The key trends in the plant-based ice cream market are:
• A rising trend is the launch of new products, such as vegan-based twin flavor ice creams, by major companies in the plant-based ice cream market for attracting health-conscious and eco-aware consumers.
• Dairy-free frozen desserts made from plant-based ingredients, like almond, soy, coconut, and oat milk instead of animal-produced milk, are gaining popularity.
• Increase in the introduction of emotionally resonant food experiences that align with specific moods or feelings like calm or relaxation is another trend.
• Furthermore, the trend of catering to the rising consumer demand for plant-based treats is shaping the future of the plant-based ice cream market.
Who Are the Key Competitors in the Global Plant-Based Ice Cream Market?
Major players in the plant-based ice cream market are:
• Nestlé S.A.
• Danone S.A.
• Baskin-Robbins
• Ben & Jerry's Homemade Holdings Inc.
• Jeni’s Splendid Ice Creams LLC
• Pressed Juicery Inc.
• Salt & Straw LLC
• Van Leeuwen Ice Cream LLC
• GoodPop LLC
• Vegetarian Express Ltd.
• Little Red Rooster Ice Cream Company LLC
• Booja-Booja Ltd.
• The Brooklyn Creamery
• Cado Inc.
• Wildgood Inc.
• McConnell’s Fine Ice Creams Inc.
• Cosmic Bliss Inc.
• PapaCream
• Natural Ice cream
• Poco Ice Cream LLC
Where Is the Plant-Based Ice Cream Market Growing Fastest Between 2025 and 2029?
North America was the largest region in the plant-based ice cream market in 2024
