Europe Plant Based Ice Creams market is anticipated to grow at 9.21% CAGR and it is estimated that the Europe market was valued at USD 0.38 billion in 2024 and is expected to reach USD 0.59 billion by 2029
Plant-based ice cream is ice cream that is completely free of animal products such as egg and milk i.e. made with no animal products whatsoever. The ice cream base is made up of various plant-based milk such as coconut milk and house-made cashew milk. The healthy fats from these plant milk lend themselves wonderfully to a creamy texture that's just as delicious as dairy ice cream. A growing number of lactose-intolerant consumers is a key factor driving the market growth. In addition, higher protein content in plant-based ice-creams makes them a healthier option among ice-creams. Due to the increasing demand for these ice creams, the producers of plant-based ice-creams are focused on improving the taste of these ice-creams by introducing the consumers to a wide variety of flavours. High processing charges are associated with the preparation of plant-based ice creams, as most of the raw materials are processed and formulated through different high energy-consuming machinery. Moreover, the most frequently used milk in plant-based ice creams is soya milk, which has some adverse effects. For instance, soy milk can cause allergies in some people. Its taste is also not preferred among consumers. According to Cornell University, there is an increased risk of breast cancer in some women who consume soy food and most of the plant-based ice creams manufacturers use soy milk as their major creaming ingredient. This particular factor may act against market growth.
This Research Report on Europe Plant Based Ice Creams Market is segmented and subs egmented into following categories
Europe Plant Based Ice Creams Market By Product Source
On the basis of the product source plant-based, ice-creams market is segmented into Soy milk-based, coconut milk-based, almond milk-based, cashew milk, rice milk-based and others. Soymilk based ice-cream is the largest segment followed by almond milk ice-creams. As soy milk-based ice cream is easily available and has cheaper prices as compared to almond, coconut, and other raw material based ice-cream. Almond-based ice-creams are expected to witness the highest CAGR in the coming years.
Europe Plant Based Ice Creams Market By Packaging
On the basis of package type, the organic ice market is segmented into tub and bag/sachet.
Europe Plant Based Ice Creams Market By Distribution Channel
Europe Plant Based Ice Creams Market By Region
Europe Plant Based Ice Creams Market By Distribution Channel
Europe Plant Based Ice Creams Market By Region
The consumers are shifting their preferences towards almond based ice- cream as it consists of high nutritional values and tastes better than soymilk ice-cream. The Demand of lactose-free ice-cream is rising in UK, and Germany is expected to rise in future. However, In European countries like France, U.K, and Germany, small local plant-based ice creams manufacturers are not able to follow the quality and safety guidelines to get their plants organic certified. According to a survey conducted in Russia, a large part of the population is non-vegetarian and still prefer cow milk derived dairy-based ice creams over plant-based ice creams.
KEY PLAYERS IN EUROPE PLANT BASED ICE CREAMS MARKET
Key Players In Europe Plant Based Ice Creams Market are Coconut Collaborative, Swedish Glace, Perfect World, Almond Drea, Booja-Booja, Turtle Mountain’s, Frankie & Jo’s, Smooze.
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