PUBLISHER: Grand View Research | PRODUCT CODE: 1751582
PUBLISHER: Grand View Research | PRODUCT CODE: 1751582
The global vegan dessert market size is anticipated to reach USD 8.32 billion by 2030 and is anticipated to expand at a CAGR of 11.6% during the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for low-fat, lactose-free, and all-natural products is expected to fuel the growth of the market in the upcoming years. In addition, rising income and health consciousness among consumers have been driving the sales of dairy-free foods worldwide.
Increasing number of ice cream industry players are exploring the opportunity to enter the vegan sector. For instance, in January 2025 Galaxy, a brand owned by Mars Wrigley, expanded its range of vegan chocolates with the introduction of a Dairy-Free Hazelnut Praline bar. This new offering features a smooth praline filling encased in chocolate made with hazelnut paste.
Asia Pacific is projected to expand at a steady growth rate in the upcoming years, owing to the increasing acceptance of veganism in the region. As a result, companies have been strengthening their presence in the region. For instance, In April 2024, the Indian brand Plantaway expanded its portfolio of plant-based products with the launch of a new range of dairy-free and sugar-free gelatos. The collection features flavors such as Strawberry Shortcake, Salted Caramel Crunch, and Sicilian Pistachio.