Global Vegan Ice Cream Market 2018-2022
About Vegan Ice Cream
The report covers the current scenario and estimates the value of the global vegan ice cream market for the forecast period 2018-2022. The parent market for the global vegan ice cream market is global ice cream market.
Technavio’s analysts forecast the global vegan ice cream market to grow at a CAGR of 8.79% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global vegan ice cream market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Vegan Ice Cream Market 2018-2022
Technavio recognizes the following companies as the key players in the global vegan ice cream market: Bliss Unlimited, Danone, Nestlé, Tofutti Brands, Trader Joe's, and Unilever.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increased popularity of take-home ice creams. The sales volume of take-home vegan ice cream products is increasing due to the rising availability of home delivery options and convenient packaging options. The growing popularity of take-home ice creams is identified as one of the key trends that will stimulate growth in the vegan ice cream market during the predicted period.”
According to the report, one driver in the market is expanding global vegan population base. Research analysis on the global vegan ice cream market identifies that the expanding global vegan population base will be one of the major factors that will have a positive impact on the growth of the market.
Further, the report states that one challenge in the market is product recalls. One of the challenges for the growth of the global vegan ice cream market is the increasing number of product recalls. Manufacturers can issue product recalls due to various factors, such as product contamination, incorrect labeling, and others.
Bliss Unlimited, Danone, Nestlé, Tofutti Brands, Trader Joe's, and Unilever.