Non-dairy Ice Cream Market Innovation Trends and Current Business Trends by 2024 - PowerPoint PPT Presentation

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Non-dairy Ice Cream Market Innovation Trends and Current Business Trends by 2024

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Request for TOC report @ Non-dairy ice cream market is a highly competitive industry as many new companies are penetrating to take advantage of its growing potential. It is costlier than milk based products and lack calcium that can constraint growth of its usage. Further, fluctuating raw material cost and availability provide challenge in production and pricing of product.Non-dairy ice cream market is segmented based on flavors such as almond, cherry, coconut, chocolate, banana, coffee and vanilla. On the basis of types into soy milk, almond and rice milk with soy accounting for highest share. – PowerPoint PPT presentation

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Title: Non-dairy Ice Cream Market Innovation Trends and Current Business Trends by 2024


1
Non-dairy Ice Cream Market Share, Pit Falls and
Growth Prospects from 2017 to 2024 Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Regional Analysis of Non-dairy Ice Cream Market
  • North America, especially US will fairly
    contribute in non-dairy ice cream market. The
    product demand is anticipated to increase 3 times
    in the forecast period. Almond and coconut type
    are growing faster in comparison to soy.
    Increasing packed food industry will propel the
    product demand in the region. The country is
    hosting big names that include Ben Jerrys,
    biggest competitor in the industry.
  • Asia Pacific is one of the potential region for
    non-dairy ice cream market. With the advent of
    growing population and global warming, the demand
    in this region has raised subsequently. Diabetes
    currently affects over 6 of the adult population
    in the region. The product widely produces sugar
    free ice cream for diabetic patients which is
    fueling the product usage.
  • Europe, led by Germany is witnessing growing
    interest in veganism, over 9 of the population
    are vegans. There are around 55 vegan restaurants
    in Berlin that is boosting non-dairy ice cream
    market. Another factor contributing in growth of
    the region is diet. People widely believe in
    healthy vegan diet that excludes use of milk
    products in their meals. Vegan diet is found to
    be the most effective way of reducing weight.

3
  • Application Analysis of Non-dairy Ice Cream
    Market
  • Supply chain of the non-dairy ice cream market is
    initiated from procurement of raw material that
    includes soy, almond and cashew. Manufacturers
    ensure that the product maintains its quality
    during its transit from factories to distribution
    center. Temperature controlled containers carry
    the product to various locations. It is made
    available in the superstores and retail stores
    for the consumers.
  • Non-dairy ice cream market is a highly
    competitive industry as many new companies are
    penetrating to take advantage of its growing
    potential. It is costlier than milk based
    products and lack calcium that can constraint
    growth of its usage. Further, fluctuating raw
    material cost and availability provide challenge
    in production and pricing of product.
  • Increasing consumer rate for lactose intolerance
    and dairy allergies is another factor propelling
    non-dairy ice cream market. The product is
    commercialized in the consumers as dietary
    supplement that is milk free. Over 2 of children
    younger than three years of age are allergic to
    milk, this is further accelerating product demand.

4
Competitive Market Share of Non-dairy Ice Cream
Market
  • Key formulators of non-dairy ice cream market are
    Ben and Jerrys, Tofutti, Coconut Bliss, DIY,
    Dippin Dots, Steves, So Delicious, Dream, Luna
    and Larrys and Trader Joes. Unilever acquired
    Ben and Jerrys in 2000.
  • The agreement includes that both the companies
    will operate separately. Ben and Jerrys was one
    of the key player of the vegan product,
    acquisition helped Unilever to expand its share
    in the non-dairy ice cream market. Both the
    companies were focusing on health and hygiene,
    sustainability and economic development.
  • Luna and Larrys launched coconut cookie
    sandwiches. The growing demand for coconut
    propelled the company to launch the flavor for
    development and stability.

5

Browse Full Market Research Report On Non-dairy
Ice Cream Market _at_ http//bit.ly/2y65O4i Reques
t for an in-depth table of contents for this
report _at_ https//www.gminsights.com/request-toc/up
coming/1786 Gaming Console Market
6
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