Canada, Toronto, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Vegan ice cream Market is made using plant-based milk alternatives, which often contain high levels of fat, similar to traditional dairy ice cream. The key differences are that vegan ice cream is cruelty-free and suitable for those with milk allergies or sensitivities.
Commercially, it can be made from soy, almond, cashew, coconut, or rice milk. Introspective Market Research is thrilled to announce the release of its newest report, " Vegan Ice-Cream Market ." This comprehensive analysis reveals that the global Vegan Ice-Cream market, valued at USD 686.
20 Million in 2023, is on a trajectory of significant growth, projected to reach USD 1741.14 Million by 2032 . This upward momentum corresponds to a robust CAGR of 10.
9 % over the forecast period from 2024 to 2032. Vegan ice cream, made from plant-based milks such as soy, almond, cashew, coconut, or rice, is becoming increasingly popular due to its cruelty-free nature and suitability for those with milk allergies or sensitivities. Rich in fat, much like traditional dairy ice cream, vegan ice cream offers a satisfying texture and flavor without the use of animal products.
The market for vegan ice cream is rapidly expanding, driven by shifting consumer lifestyles, rising disposable incomes, and improvements in cold chain logistics. A growing base of vegan consumers is also contributing to this growth, as many people choose plant-based options for health, ethical, and environmental.
