In this blog post, we will be focusing on the exciting world of plant-based ice cream.

Our aim is to provide you with a collection of outcomes from ongoing research related to the plant-based ice cream market. As consumer preferences shift towards healthier and more sustainable food options, plant-based ice cream has emerged as a delicious and indulgent alternative to traditional dairy products. Join us as we uncover valuable insights and track evolving trends in this dynamic industry.

Research Overview

(updated: July 16th 2023)

Our research begins with an in-depth analysis of the plant-based ice cream market in the United States, the most advanced plant-based ice cream market in the world. We examined 64 prominent brands that offer plant-based and vegan ice cream products in retail. Our research focused on their product portfolios, company affiliations, and the ingredients utilized in creating these frozen treats. By analyzing this data, we aim to provide you with a comprehensive understanding of the plant-based ice cream landscape and its future prospects.

The Research Journey So Far

Since the inception of our research, we have uncovered fascinating insights into the plant-based ice cream market. The global plant-based ice cream market has experienced significant growth, driven by increasing consumer demand for healthier and more sustainable food options. According to a report by Future Market Insights, the market is projected to reach a value of USD 4.3 billion in 2033, with a compound annual growth rate (CAGR) of 10% during the forecast period of 2023-2033. In comparison, the overall ice cream market is estimated to grow at a CAGR of approximately 4.5% during the same period.

We have explored the history of plant-based ice cream, from its humble beginnings in the late 19th century to the boom it experienced in the 1980s with the emergence of iconic brands like Tofutti and Rice Dream. Today, plant-based ice cream products are not only embraced by vegans but also by mainstream consumers, propelling the market into a thriving business.

Research Outcomes

Our research has also focused on the various product types and ingredients used in plant-based ice cream. We have examined the role of fats, plant and nut milk, sugar, and other enhancing ingredients in creating the desired taste, texture, and nutritional profile of these frozen delights. Our findings reveal the dominance of coconut oil as the most widely used fat, with coconut milk and oat milk being popular choices for plant-based ice cream bases.

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As we continue our research journey, we are excited to share new insights and emerging trends in the plant-based ice cream market. The future of plant-based ice cream looks promising, with further innovation and expansion on the horizon. We invite you to stay tuned as we update this blog post regularly with the latest outcomes from our ongoing research.

Our research project aims to cover knowledge on

Brands and companies

Which brands are active within the plant-based ice cream market and what companies do they belong to?

Products

Which products are sold and what are their features

Type of products
Flavors: newly developed flavors
Ingredients: fats, plant/nut based, sugars and sweeteners )
Prices: what prices will consumers pay for these products and how do they compare to traditional ice-cream

Regions and markets

Starting in the USA, our aim is to study brands companies and products globally, starting with the most important markets: