Posted 4/8/2024, 6:16:00 PM
Vegan Ice Cream Market Melts Hearts and Wallets, Expected to Reach $4 Billion by 2030
- Market for vegan ice cream expected to reach $4 billion by 2030, reflecting a CAGR of 13.5% between 2022-2030
- Growth driven by shifts towards healthier diets, ethical consumerism, environmental awareness
- Innovation in flavors (fruits, nuts, herbs, beans) and milk substitutes (coconut, soy, almond) fueling appeal
- North America currently leads the market, Asia Pacific emerging as fastest growing region
- Key players include Double Rainbow, Arctic Zero, HappyCow, Booja-Booja, and Over the MOO