About Plant-Based Frozen Dessert
A raw vegan dessert is exactly what its name implies: it is a dessert that does not contain any animal products or cooked food. However, some people consider certain cooked vegan foods to be raw as long as they were not cooked at temperatures higher than 115 degrees Fahrenheit or 46 degrees Celsius. Instead, they contain fresh (such as fruits and vegetables), dehydrated, or fermented ingredients. This is done because cooking food reduces its overall nutritional value while also destroying important enzymes that your body requires. Unsaturated fats are essential components of a healthy diet and are primarily found in vegan dessert ingredients. Unsaturated fats help control inflammation, build stronger cell membranes in the body, and reduce the risk of rheumatoid arthritis, in addition to lowering LDL cholesterol levels. Dessert ingredients are high in nutritional value and unsaturated fatty acids.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The plant-based dessert market is fragmented and competitive. Simultaneously, players work together to expand the overall Plant-Based market through Plant-Based fairs and other promotional activities and events. This adds to the market's already complicated dynamics. Manufacturers who previously produced non-Plant-Based desserts have also entered the market in order to capitalize on its expansion. Product launches are an important strategy used by major players to increase their market share. Analyst at AMA Research estimates that Fragmented Vendors will contribute the maximum growth to Global Plant-Based Frozen Dessert market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Unilever (United Kingdom), Danone SA (France), Garden Protein International Inc. (Canada), Amy’s Kitchen, Inc. (United States), THE HAIN CELESTIAL GROUP, INC. (United States), Daiya Foods Inc. (Canada), Marlow Foods Ltd (United Kingdom), Plamil Foods Ltd. (United Kingdom), Sahmyook Foods (South Korea) and Sanitarium Health and Wellbeing Company (Australia) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Axiom Foods (United States), Earth’s Own Food Company Inc. (Canada), Lightlife Foods, Inc. (United States), Marlow Foods Ltd. (United Kingdom), Taifun –Tofu GmbH (Germany), Atlantic Natural Foods LLC (United States), VBIte Food Ltd (U.K., Nutrisoy Pty Ltd. (Australia). and HP Hood (United States).
Segmentation Overview
AMA Research has segmented the market of Global Plant-Based Frozen Dessert market by Type (Ice Cream, Gelato, Sherbet, Frozen Yogurt and Others) and Region.
On the basis of geography, the market of Plant-Based Frozen Dessert has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Base Ingredient, the sub-segment i.e. Soy Milk Based will boost the Plant-Based Frozen Dessert market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Tub will boost the Plant-Based Frozen Dessert market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel, the sub-segment i.e. Supermarkets will boost the Plant-Based Frozen Dessert market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
Danone North America, a purpose-driven company, and a category leader in plant-based food and beverages, and Cold Stone Creamery announced In January 2022 the first-ever plant-based frozen dessert available at participating Cold Stone Creamery stores nationwide. With flexitarian lifestyles on the rise, and consumers looking to add more plant-based options to their diets, Cold Stone Creamery stores have added Silk Chocolate Almond milk Frozen Dessert, which is dairy-free, Plant-Based, and non-GMO, to its permanent menu. The company also is adding to its permanent menu the Cold Stone Creation, Don't Cry over Spilled Silk, which is an incredibly creamy and tasty mix of Silk Chocolate Almond milk Frozen Dessert, banana, peanut butter, and roasted almonds.
Unilever’s brand Magnum announced in January 2022 that it is launching its award-winning Plant-Based ice cream stick bars in a mini-sized multi-pack that includes a selection of two winning Plant-Based flavors: Magnum Plant-Based Classic and Magnum Plant-Based Almond. Two of the brand’s Plant-Based flavors whose quality and taste saw them receive the PETA Plant-Based Food Award. The new format offers consumers all the indulgence and pleasure of a Plant-Based Magnum.
TITLE 21--FOOD AND DRUGS CHAPTER I--FOOD AND DRUG ADMINISTRATION DEPARTMENT OF HEALTH AND HUMAN SERVICES SUBCHAPTER B - FOOD FOR HUMAN CONSUMPTION., PART 135 -- FROZEN DESSERTS Subpart B - Requirements for Specific Standardized Frozen Desserts Sec. 135.110 Ice cream and frozen custard. and Ice cream contains not less than 1.6 pounds of total solids to the gallon, and weighs not less than 4.5 pounds to the gallon. Ice cream contains not less than 10 percent milkfat, nor does less than 10 percent non-fat milk solids, except that when it contains milkfat at 1 percent increments above the 10 percent minimum.
Market Drivers
- The Growing Popularity 0f Plant-Based Dessert in Developed Economies has fuelled the Demand for Plant-Based Desserts.
Opportunities
- Plant-Based Desserts have Grown in Popularity, Industry Vendors Are Offering Plant-Based Sweet Dishes.
Restraints
- Plant-Based Ice Creams are Much More Complicated to Make, Resulting in High Processing Costs for Desserts.
Challenges
- It Has Been Difficult for Plant-Based Dessert Manufacturers to Avoid Viscosity-Related Quality Issues and Optimise the Freezing Process.
Key Target Audience
Plant-based products manufacturers, New Entrants and Investors, Legalized Cannabis Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.