Vegan Ice Cream Market to Reach USD 1.14 Billion by 2033 | CAGR 5.23% Forecast

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The global vegan ice cream market, valued at USD 720.34 million in 2024, is projected to reach USD 1.14 billion by 2033, growing at a CAGR of 5.23%. The rise in vegan diets driven by ethical, environmental, and health reasons is fueling this market's expansion.

Want to stay ahead in the fast-changing Vegan Ice Cream Market industry? Our report breaks down all the key insights—so you don’t have to! Whether you're a business owner, investor, or just curious about market trends, we’ve got you covered.

According to Straits Research, The Vegan Ice Cream Market size was valued at USD 720.34 million in 2024. It is projected to reach USD 1139.71 million by 2033, growing at a CAGR of 5.23% during the forecast period (2024-2033).

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  • Clear Market Analysis – No jargon, just straight-to-the-point insights on market size, growth, and trends. You’ll know exactly where the industry stands and where it’s headed, with clear data-backed predictions.
  • Who’s Leading the Game? – Discover top players, their strategies, and how you can compete. We give you an in-depth look at the biggest players in the industry and how they’ve achieved success, providing actionable insights for your own business.
  • Hot Growth Opportunities – Find out which regions and segments are booming—so you can jump on the next big opportunity! Our research pinpoints high-potential markets, allowing you to make timely, data-driven decisions.
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Why Trust This Report?

We’ve done the heavy lifting—analyzing data, trends, and competition—so you can make smart, confident decisions. Plus, we include a PESTEL Analysis to help you understand political, economic, social, and tech factors shaping the market, giving you a comprehensive understanding of the macro-environment.

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Market Segments Covered:

  1. By Source
    1. Coconut Milk
    2. Soy Milk
    3. Almond Milk
    4. Cashew Milk
  2. By Flavor
    1. Caramel
    2. Chocolate
    3. Coconut
    4. Coffee
    5. Vanilla
    6. Fruit
  3. By Sales Type
    1. Impulse
    2. Take Home
    3. Artisanal
  4. By Distribution Channel
    1. Supermarket/Hypermarket
    2. Convenience Stores
    3. Online
  5. By Form
    1. Singles
    2. Blends

Top Key Players:

  1. Double Rainbow Ice Creams, Inc.
  2. NadaMoo! Booja-Booja
  3. Happy Cow Limited
  4. Over The Moo
  5. Swedish Glace
  6. ARCTIC ZERO, Inc.
  7. Perry’s Ice Cream
  8. Coolhaus
  9. SorBabes
  10. Beyond Better Foods, LLC.

Got Questions? We’ve Got Answers!

  1. How big is the Vegan Ice Cream Market market, and where’s it headed?
  2. Which regions are the next big growth hubs?
  3. What’s driving (or slowing) market growth?

By Region

  • North America (U.S., Canada, Mexico) – Learn about market trends, challenges, and opportunities in North America, one of the most dynamic regions.

  • Europe (UK, Germany, France, and more) – Gain insights into Europe’s evolving market, focusing on the countries with the highest potential for growth.

  • Asia Pacific (China, India, Japan, and fast-growing markets) – Discover the rapid changes happening in Asia Pacific, home to some of the world’s fastest-growing economies and industries.

  • Middle East & Africa (GCC, South Africa, Nigeria, and emerging economies) – Unlock the potential in Middle Eastern and African markets, understanding what drives demand in these emerging regions.

  • South America (Brazil, Argentina, and beyond) – Explore the opportunities and challenges in South America’s growing markets, as well as the top sectors to focus on.

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