European vegan ice cream is estimated to record a solid CAGR of 7.5% during the forecast period (2020-2026). Greater integration is playing a pivotal role in the growth of the vegan ice cream market in European countries including Russia and Poland among more. Increasing purchasing power among consumers is expected to underpin real growth in most countries as the economies of Italy, France, and Spain seems to recover and have a strengthening outlook.
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In the last few years, fast food and snacking culture have undergone a remarkable change in Europe, supporting the growing vegan ice cream industry. Veganism is increasingly prioritized in Europe as concerns for health issues and animal welfare are at an all-time high. More and more consumers are turning towards non-dairy and plant-based diets, which allows the vegan ice cream vendors to capitalize. The brands are expected to focus on increasing their shelves portion in convenience stores as well as supermarkets/hypermarkets. They are introducing new locations and making the e-retailing space lucrative in an increasingly competitive marketplace.
Market Coverage
· The market number available for – 2019-2026
· Base year- 2019
· Forecast period- 2020-2026
· Segments Covered- by Source, Flavor, and Distribution Channel
· Countries Covered- UK, Germany, France, Italy, Spain, and Rest of Europe
· Competitive Landscape- Danone S.A., Froneri International, Ltd., Marks and Spencer Group PLC, Oatly AB, Tesco PLC, The Hain Celestial Group, and Unilever Group
Key questions addressed by the report
· What is the market growth rate?
· Which segment/region dominates the market in base year?
· Which segment/region will project fastest growth in the market?
· How COVID-19 impacted the market?
· Recovery Timeline
· Deviation from pre-COVID forecast
· Most affected region/segment
· Who is the leader in the market?
· How players are addressing challenges to sustain growth?
· Where is the investment opportunity?
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A full Report of European Vegan Ice Cream Market is Available at: https://www.omrglobal.com/industry-reports/european-vegan-ice-cream-market
European Vegan Ice Cream Market Report Segment
By Source
· Almond Milk
· Cashew Milk
· Coconut Milk
· Soy Milk
· Others (Oat Milk, Rice Milk)
By Flavour
· Caramel
· Chocolate
· Coconut
· Coffee
· Fruit
· Vanilla
· Others
By Distribution Channel
· Convenience Stores
· Supermarkets/Hypermarkets
· Online Stores
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
