North American vegan ice cream is estimated to display a rapid CAGR of 8.0% during the forecast period (2020-2026). As per capita disposable income increased during the last decade, many consumers shifted to premium, organic and all-natural brands, helping lift vegan ice cream industry revenue. The huge presence of ice cream giants such as Ben & Jerry's, Häagen-Dazs, and Halo Top also makes the region a colossal market for vegan ice cream. These players have entered the vegan ice cream space in the last few years, expanding the market growth.
Browse the full report description of "North American Vegan Ice Cream Market Size, Share & Trends Analysis Report by Source (Almond Milk, Cashew Milk, Coconut Milk, Soy Milk, and Others (Oat Milk, Rice Milk)), by Flavor (Caramel, Chocolate, Coconut, Coffee, Fruit, Vanilla, and Others), and by Distribution Channel (Convenience Stores, Supermarkets/Hypermarkets, and Online Stores) Forecast Period (2020-2026)" at https://www.omrglobal.com/industry-reports/north-american-vegan-ice-cream-market
However, the outbreak of the COVID-19 pandemic and relevant health implications have led most Americans to only leave their homes for necessities. The lockdown regulations forced retailers and small-sized vendors to shut off their operation, which resulted in a negative impact on the vegan ice cream sector in the region. Credit Suisse estimates that 80% of US household food spend now goes towards food at home rather than food away from home, which is disrupting the sales flow of the vegan ice cream vendors, which was booming before the pandemic. The cases of COVID-19 are increasing in the region, especially in the US, so the scenario is not expected to be changed for the foreseeable future, and the vegan ice cream anticipated to stagnancy and maybe even decline in demand.
Market Coverage
Competitive Landscape- 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
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
North American Vegan Ice Cream Market Report Segment
By Source
By Flavor
By Distribution Channel
North American Vegan Ice Cream Market Report Segment by Country
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/north-american-vegan-ice-cream-market