The US vegan ice cream market is anticipated to grow at a CAGR of 8.2% during the forecast period. Along with enhancements in taste and texture, altering customer values have shaped a cohesive market for vegan ice cream in the US. Customers are increasingly concerned about factors such as health, sustainability, and social impact in making their food decisions, and nearly one-third of the US population is flexitarian. The plant-based dairy category is in the nascent stages of the explosive growth that has been perceived in the country. Due to the orientation of market factors between this emerging category and the historic trajectory of the plant-based milk industry, it is expected to reach similar levels of ubiquity as the conventional milk industry in the coming years.

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Additionally, Obesity problems have motivated customers to consume cholesterol-free, naturally prepared dairy alternative products, which fuels the growth of the vegan ice cream market. However, the production of conventional milk with decreased chemical levels and fat content is expected to restrain the growth of the vegan ice cream market in the country.

The US vegan ice cream market is segmented on the basis of source, flavor, and distribution channel. Based on the source, the vegan ice cream market is segmented into almond milk, cashew milk, coconut milk, soy milk, and others (oat milk, rice milk). Based on flavor, the market is classified into Caramel, Chocolate, Coconut, Coffee, Fruit, Vanilla, and Others. Based on the distribution channel, the market is segmented into convenience stores, supermarkets/hypermarkets, and online stores. 

The country is home to a large number of vegan ice cream vendors, some of them include Alden’s Organic (Oregon Ice Cream), Danone S.A., Double Rainbow Ice Creams, Inc., General Mills, Inc. (Häagen-Dazs), NADAMOO! (Little Red Rooster Ice Cream Company), The Hain Celestial Group, Wells Enterprises, Inc., and Unilever Group. Rather than restraining their profits to the trivial portion of the population that is vegetarian/vegan, vegan ice cream brands are using creative marketing strategies to pitch their products toward flexitarians. The increase in demand for innovative flavors and new sources of vegan ice creams in the country may possess new opportunities for the market players.

Research Methodology

The market study of the US vegan ice cream market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. US Vegan Ice Cream Market Research and Analysis by Source
2. US Vegan Ice Cream Market Research and Analysis by Flavor
3. US Vegan Ice Cream Market Research and Analysis by Distribution Channel

The Report Covers

• Comprehensive research methodology of the US vegan ice cream market.
• This report also includes a detailed and extensive market overview with the key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the US vegan ice cream market.
• Insights about market determinants which are stimulating the US vegan ice cream market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.