Vegan Ice-Cream Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Flavor, By Product Type, By Source, By Distribution Channel, By Region & Competition, 2021-2031F

Description

The Global Vegan Ice-Cream Market is projected to expand from a valuation of USD 1.05 Billion in 2025 to USD 1.96 Billion by 2031, reflecting a CAGR of 10.96%. These frozen desserts are formulated entirely without animal-derived dairy, utilizing plant-based ingredients such as almond, soy, coconut, or oat milk to simulate the creamy texture and mouthfeel of traditional products. This market growth is primarily fueled by the rising global prevalence of lactose intolerance and dairy allergies, necessitating non-dairy alternatives, while widespread ethical concerns regarding animal welfare and a growing commitment to environmental sustainability drive consumers toward plant-based diets.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 1.05 Billion
Market Size 2031	USD 1.96 Billion
CAGR 2026-2031	10.96%
Fastest Growing Segment	Online
Largest Market	North America

According to The Good Food Institute, global retail sales for the plant-based dairy category, which includes ice cream, milk, yogurt, and cheese, reached approximately $22.5 billion in 2024. Despite this strong market valuation, the sector encounters a significant hurdle regarding price parity, as high ingredient and processing costs often keep vegan ice cream at a premium price point compared to conventional dairy. This pricing structure potentially limits the accessibility of these products for price-sensitive mass markets.

Market Driver

The increasing global adoption of plant-based and flexitarian diets is fundamentally reshaping the sector, as consumers reduce animal product consumption due to health and ethical motivations. This shift extends beyond strict vegans to include a vast demographic of flexitarians seeking healthier alternatives without fully abandoning traditional dietary patterns, leading to higher household penetration rates that validate the category as a staple. According to the Plant Based Foods Association's '2023 State of the Marketplace' report published in April 2024, 62% of United States households purchased plant-based foods in 2023, reflecting a deep integration of these options into mainstream shopping habits.

Continuous product innovation aimed at improving taste and texture serves as a second critical driver, directly addressing historical consumer complaints regarding the mouthfeel of non-dairy frozen desserts. Manufacturers are moving beyond soy and almond bases toward oat milk and precision fermentation technologies to replicate the creaminess of cow's milk, with the fermentation sector securing $515 million in investment capital in 2023 according to the Good Food Institute. This commitment to development supports the financial resilience of major players, such as Unilever, which reported a turnover of €7.9 billion for its ice cream business unit in 2023 driven by strategic expansion and premiumization.

Market Challenge

The primary challenge hindering the growth of the Global Vegan Ice-Cream Market is the lack of price parity with conventional dairy products. Plant-based ice creams frequently incur higher production costs due to expensive raw materials, such as almonds and cashews, and the complex processing required to replicate the creamy texture of dairy fat. Consequently, these products are positioned at a premium price point, creating a significant economic barrier that restricts the market largely to affluent demographics and prevents widespread adoption among price-sensitive shoppers who might otherwise switch from traditional dairy.

This cost disparity directly stalls market expansion by deterring the mass market, particularly flexitarians who prioritize value alongside ethical considerations. According to ProVeg International, data from 2024 indicates that 31% of consumers would only purchase plant-based options if they were priced lower than animal-based products, highlighting that financial considerations remain a decisive factor for a large segment of the population. As long as this price gap persists, the premium positioning of vegan ice cream will continue to limit its accessibility and constrain its potential for volume growth in the mainstream retail sector.

Market Trends

Diversification into bite-sized, mochi, and handheld novelty formats is transforming the sector by addressing the growing consumer demand for portion-controlled and convenient snacking options. This shift allows manufacturers to target new consumption occasions beyond traditional dessert times, leveraging the concept of permissible indulgence to offer calorie-conscious consumers a guilt-free treat. According to The Grocer in April 2025, in an article regarding Little Moons requiring a £5m bail-out following a factory closure, the mochi ice cream brand reported that total sales reached £53.4 million in the fiscal year ending December 2023, representing a revenue increase of almost a quarter and highlighting the robust appetite for handheld frozen treats.

The emergence of savory, spicy, and botanically infused flavor profiles represents a strategic move to premiumize plant-based offerings and cater to adventurous palates seeking complex sensory experiences. Manufacturers are differentiating their portfolios by moving beyond conventional vanilla and chocolate to incorporate sophisticated ingredients such as chili, basil, and floral extracts, often marketing these as limited-time artisanal creations. According to Barry Callebaut's 'Top Chocolate Trends in 2025' report from January 2025, one out of two global consumers actively seeks out exclusive or seasonal ice cream offerings, underscoring the commercial viability of these innovative flavor formulations.

Key Market Players

Ben & Jerry's Homemade Holdings Inc
Unilever PLC
BLISS UNLIMITED LLC
Cado Ice Cream
NadaMoo!
Ripple Foods, PBC
Daiya Foods Inc.
Danone North America Public Benefit Corporation.
Hain Celestial Group, Inc.
Nestle S.A.

Report Scope

In this report, the Global Vegan Ice-Cream Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Vegan Ice-Cream Market, By Flavor

Chocolate
Vanilla
Strawberry
Others (Caramel, Blueberry, etc.)

Vegan Ice-Cream Market, By Product Type

Tub
Sticks
Cones
Others (Carterton)

Vegan Ice-Cream Market, By Source

Coconut Milk
Cashew Milk
Soy Milk
Almond Milk
Others (Rice Milk, Combination)

Vegan Ice-Cream Market, By Distribution Channel

Specialty Stores
Convenience Stores
Hypermarkets & Supermarkets
Online
Others (Dealers & Distributors Sales, etc.)

Vegan Ice-Cream Market, By Region

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Vegan Ice-Cream Market.

Available Customizations:

Global Vegan Ice-Cream Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Vegan Ice-Cream Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Flavor (Chocolate, Vanilla, Strawberry, Others (Caramel, Blueberry, etc.))
- 5.2.2. By Product Type (Tub, Sticks, Cones, Others (Carterton))
- 5.2.3. By Source (Coconut Milk, Cashew Milk, Soy Milk, Almond Milk, Others (Rice Milk, Combination))
- 5.2.4. By Distribution Channel (Specialty Stores, Convenience Stores, Hypermarkets & Supermarkets, Online, Others (Dealers & Distributors Sales, etc.))
- 5.2.5. By Region
- 5.2.6. By Company (2025)
5.3. Market Map

6. North America Vegan Ice-Cream Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Flavor
- 6.2.2. By Product Type
- 6.2.3. By Source
- 6.2.4. By Distribution Channel
- 6.2.5. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Vegan Ice-Cream Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Flavor
    - 6.3.1.2.2. By Product Type
    - 6.3.1.2.3. By Source
    - 6.3.1.2.4. By Distribution Channel
- 6.3.2. Canada Vegan Ice-Cream Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Flavor
    - 6.3.2.2.2. By Product Type
    - 6.3.2.2.3. By Source
    - 6.3.2.2.4. By Distribution Channel
- 6.3.3. Mexico Vegan Ice-Cream Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Flavor
    - 6.3.3.2.2. By Product Type
    - 6.3.3.2.3. By Source
    - 6.3.3.2.4. By Distribution Channel

7. Europe Vegan Ice-Cream Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Flavor
- 7.2.2. By Product Type
- 7.2.3. By Source
- 7.2.4. By Distribution Channel
- 7.2.5. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Vegan Ice-Cream Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Flavor
    - 7.3.1.2.2. By Product Type
    - 7.3.1.2.3. By Source
    - 7.3.1.2.4. By Distribution Channel
- 7.3.2. France Vegan Ice-Cream Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Flavor
    - 7.3.2.2.2. By Product Type
    - 7.3.2.2.3. By Source
    - 7.3.2.2.4. By Distribution Channel
- 7.3.3. United Kingdom Vegan Ice-Cream Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Flavor
    - 7.3.3.2.2. By Product Type
    - 7.3.3.2.3. By Source
    - 7.3.3.2.4. By Distribution Channel
- 7.3.4. Italy Vegan Ice-Cream Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Flavor
    - 7.3.4.2.2. By Product Type
    - 7.3.4.2.3. By Source
    - 7.3.4.2.4. By Distribution Channel
- 7.3.5. Spain Vegan Ice-Cream Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Flavor
    - 7.3.5.2.2. By Product Type
    - 7.3.5.2.3. By Source
    - 7.3.5.2.4. By Distribution Channel

8. Asia Pacific Vegan Ice-Cream Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Flavor
- 8.2.2. By Product Type
- 8.2.3. By Source
- 8.2.4. By Distribution Channel
- 8.2.5. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Vegan Ice-Cream Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Flavor
    - 8.3.1.2.2. By Product Type
    - 8.3.1.2.3. By Source
    - 8.3.1.2.4. By Distribution Channel
- 8.3.2. India Vegan Ice-Cream Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Flavor
    - 8.3.2.2.2. By Product Type
    - 8.3.2.2.3. By Source
    - 8.3.2.2.4. By Distribution Channel
- 8.3.3. Japan Vegan Ice-Cream Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Flavor
    - 8.3.3.2.2. By Product Type
    - 8.3.3.2.3. By Source
    - 8.3.3.2.4. By Distribution Channel
- 8.3.4. South Korea Vegan Ice-Cream Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Flavor
    - 8.3.4.2.2. By Product Type
    - 8.3.4.2.3. By Source
    - 8.3.4.2.4. By Distribution Channel
- 8.3.5. Australia Vegan Ice-Cream Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Flavor
    - 8.3.5.2.2. By Product Type
    - 8.3.5.2.3. By Source
    - 8.3.5.2.4. By Distribution Channel

9. Middle East & Africa Vegan Ice-Cream Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Flavor
- 9.2.2. By Product Type
- 9.2.3. By Source
- 9.2.4. By Distribution Channel
- 9.2.5. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Vegan Ice-Cream Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Flavor
    - 9.3.1.2.2. By Product Type
    - 9.3.1.2.3. By Source
    - 9.3.1.2.4. By Distribution Channel
- 9.3.2. UAE Vegan Ice-Cream Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Flavor
    - 9.3.2.2.2. By Product Type
    - 9.3.2.2.3. By Source
    - 9.3.2.2.4. By Distribution Channel
- 9.3.3. South Africa Vegan Ice-Cream Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Flavor
    - 9.3.3.2.2. By Product Type
    - 9.3.3.2.3. By Source
    - 9.3.3.2.4. By Distribution Channel

10. South America Vegan Ice-Cream Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Flavor
- 10.2.2. By Product Type
- 10.2.3. By Source
- 10.2.4. By Distribution Channel
- 10.2.5. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Vegan Ice-Cream Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Flavor
    - 10.3.1.2.2. By Product Type
    - 10.3.1.2.3. By Source
    - 10.3.1.2.4. By Distribution Channel
- 10.3.2. Colombia Vegan Ice-Cream Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Flavor
    - 10.3.2.2.2. By Product Type
    - 10.3.2.2.3. By Source
    - 10.3.2.2.4. By Distribution Channel
- 10.3.3. Argentina Vegan Ice-Cream Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Flavor
    - 10.3.3.2.2. By Product Type
    - 10.3.3.2.3. By Source
    - 10.3.3.2.4. By Distribution Channel

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Vegan Ice-Cream Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Ben & Jerry's Homemade Holdings Inc
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Unilever PLC
15.3. BLISS UNLIMITED LLC
15.4. Cado Ice Cream
15.5. NadaMoo!
15.6. Ripple Foods, PBC
15.7. Daiya Foods Inc.
15.8. Danone North America Public Benefit Corporation.
15.9. Hain Celestial Group, Inc.
15.10. Nestle S.A.