Vegan Dessert Market
Vegan Dessert Market Size, Share &Trends Analysis Report By Product Type (Biscuits & Cookies, Cakes & Pastries, Ice-cream & Puddings, Frozen Desserts, and Others) and By Distribution Channel (Hotels & Restaurants, Cafes, and Online) Forecast Period (2022-2028)
Vegan dessert market is anticipated to grow at a significant CAGR of 10.2% during the forecast period. Vegans do not consume meat, eggs, dairy products, or any other animal-derived substances. People are increasingly shifting toward an animal-free diet due to which the demand for vegan products has increased further leading to the growth of the vegan dessert industry. Moreover, consumers having dietary concerns, such as allergies to eggs, lactose intolerance, and high cholesterol level consume a vegan diet due to which several companies, restaurants, and cafes are inclined toward adding vegan desserts to their menus. For instance, in September 2021, Perfect Day and Villa Dolce entered into a partnership. Post-partnership, both the companies collaboratively launched seven different vegan gelato flavors including sea salt vanilla & honeycomb, caramel cold brew, chocolate all’arancia, strawberry after dark, burnt caramel praline, pistachio latte, and Tahitian vanilla bean. Villa Dolce and Perfect Day created four decadent, animal-free desserts that are cookie dough, pistachio cake, southern brown butter cake, and lava cake. Additionally, in September 2021, Komo Plant-Based Foods Inc. introduced a new line of vegan desserts using 100% plant-based and wholesome ingredients.
Segmental Outlook
The global vegan dessert market is segmented based on product type, and distribution channel. Based on the product type, the market is segmented into biscuits & cookies, cakes & pastries, ice cream & puddings, frozen desserts, and others. Based on the distribution channel, the market is sub-segmented into hotels & restaurants, cafes, and online. Among the product type, the cakes & pastries sub-segment is expected to be the fastest-growing segment in the global vegan dessert market during the forecast period.
The ice cream & pudding sub-segment is expected to hold a prominent share in the global vegan dessert market during the forecast period. Regular ice cream contains a lot of sugar and calories due to which people suffering from diabetes and other health issues cannot consume ice cream, which decreases the demand for vegan ice cream and the growth of the market. Vegan ice creams are made with coconut milk, almond milk, oat milk, soy milk, and several others. Consumers are demanding for low calories and sugar-free vegan ice creams due to which many companies are focusing on the production of vegan ice cream without adding sugar. For instance, in April 2022, Nick’s launched three vegan ice creams without added sugar exclusively at 7-Eleven across Sweden. The company lowered the fat content to meet consumers’ demand for tasty ice cream that is lower in calories. Additionally, in September 2021, NOTO launched vegan ice cream in five flavors, dark chocolate, mocha almond, pistachio, salted caramel, and mango & raspberry.
Regional Outlooks
The global vegan dessert market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the European region is expected to be the fastest-growing region in the global vegan dessert market, followed by the Asia-Pacific.
Global Vegan dessert Market Growth, by Region 2022-2028
North American Region is Expected to Hold a Prominent Share in the Global Vegan dessert Market
The North American region is expected to hold a prominent share in the global vegan dessert market during the forecast period due to increased awareness of veganism. The increased awareness of veganism made many brands to expand and introduce their vegan dessert line which contributes to the growth of the vegan dessert market in this region. People prefer to eat out in cafes and restaurants, thus the brands are focusing on introducing their dessert shops and café to compete in the market. For instance, in May 2022, Tastefull Vegan Frozen Desserts opened a dessert shop in Wyoming. Tastefull Vegan Frozen Desserts are free of dairy, nuts, soy, gluten, eggs, and refined sugar. The company uses Michigan maple syrup as a sweetener and a coconut or fruit base for most products. The storefront in Wyoming sells freeze pops, frozen dessert bars, and soft-serve ice cream.
Market Players Outlook
The major companies serving the global vegan dessert market include Alternative Foods London Ltd. (OGGS), Bliss Unlimited, LLC (Cosmic Bliss), Danone S.A., Unilever N.V. (Ben & Jerry's Homemade, Inc.), Wells Enterprises, Inc. (Halo Top), and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in May 2022, Bon Dévil launched a new line of plant-based desserts in grocers. The company launched 4 different flavors which include chocolate ganache, vanilla ganache, caramelized banana ganache, and salted caramel chocolate ganache.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global vegan dessert market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Alternative Foods London Ltd. (OGGS)
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Bliss Unlimited, LLC (Cosmic Bliss)
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Danone S.A.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Unilever N.V. (Ben & Jerry's Homemade, Inc.)
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Wells Enterprises, Inc. (Halo Top)
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Vegan Dessert Market by Product Type
4.1.1. Biscuits & Cookies
4.1.2. Cakes & Pastries
4.1.3. Ice-cream & Puddings
4.1.4. Frozen Desserts
4.1.5. Others
4.2. Global Vegan Dessert Market by Distribution Channel
4.2.1. Hotels & Restaurants
4.2.2. Cafes
4.2.3. Online
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Archer Daniels Midland Co.
6.2. Arla Foods Group
6.3. Bruster’s Real Ice Cream
6.4. Cado
6.5. Cooldelight Desserts Ltd.
6.6. Daiya Foods Inc.
6.7. DMK Deutsches Milchkontor GmbH
6.8. General Mills (Haagen-Daz)
6.9. Grupo Bimbo
6.10. HP Hood LLC (Planet Oat)
6.11. Komo Plant Based Comfort Foods Inc.
6.12. LoveEverything.com Ltd.
6.13. Nestlé S.A.
6.14. SunOpta
6.15. Unilever N.V. (Breyers)
6.16. Tastefull Vegan
6.17. The Hain Celestial Group, Inc.
6.18. The Tofurky Company, Inc.
1. GLOBAL VEGAN DESSERT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
2. GLOBAL VEGAN BISCUITS & COOKIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL VEGAN CAKES & PASTRIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL VEGAN ICECREAM & PUDDINGS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL VEGAN FROZEN DESSERTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL VEGAN OTHER DESSERT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL VEGAN DESSERT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
8. GLOBAL VEGAN DESSERT IN HOTELS & RESTAURANTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL VEGAN DESSERT IN CAFES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL VEGAN DESSERT IN ONLINE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL VEGAN DESSERT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
12. NORTH AMERICAN VEGAN DESSERT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN VEGAN DESSERT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
14. NORTH AMERICAN VEGAN DESSERT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
15. EUROPEAN VEGAN DESSERT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
16. EUROPEAN VEGAN DESSERT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
17. EUROPEAN VEGAN DESSERT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
18. ASIA-PACIFIC VEGAN DESSERT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC VEGAN DESSERT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC VEGAN DESSERT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
21. REST OF THE WORLD VEGAN DESSERT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. REST OF THE WORLD VEGAN DESSERT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
23. REST OF THE WORLD VEGAN DESSERT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
1. GLOBAL VEGAN DESSERT MARKET SHARE BY PRODUCT TYPE, 2021 VS 2028 (%)
2. GLOBAL VEGAN BISCUITS & COOKIES MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL VEGAN CAKES & PASTRIES MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL VEGAN ICECREAM & PUDDINGS MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL VEGAN FROZEN DESSERT MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL VEGAN OTHER DESSERT MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL VEGAN DESSERT MARKET SHARE BY DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
8. GLOBAL VEGAN DESSERT IN HOTELS & RESTAURANTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL VEGAN DESSERT IN CAFES MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL VEGAN DESSERT IN ONLINE MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL VEGAN DESSERT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. US VEGAN DESSERT MARKET SIZE, 2021-2028 ($ MILLION)
13. CANADA VEGAN DESSERT MARKET SIZE, 2021-2028 ($ MILLION)
14. UK VEGAN DESSERT MARKET SIZE, 2021-2028 ($ MILLION)
15. FRANCE VEGAN DESSERT MARKET SIZE, 2021-2028 ($ MILLION)
16. GERMANY VEGAN DESSERT MARKET SIZE, 2021-2028 ($ MILLION)
17. ITALY VEGAN DESSERT MARKET SIZE, 2021-2028 ($ MILLION)
18. SPAIN VEGAN DESSERT MARKET SIZE, 2021-2028 ($ MILLION)
19. REST OF EUROPE VEGAN DESSERT MARKET SIZE, 2021-2028 ($ MILLION)
20. INDIA VEGAN DESSERT MARKET SIZE, 2021-2028 ($ MILLION)
21. CHINA VEGAN DESSERT MARKET SIZE, 2021-2028 ($ MILLION)
22. JAPAN VEGAN DESSERT MARKET SIZE, 2021-2028 ($ MILLION)
23. SOUTH KOREA VEGAN DESSERT MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF ASIA-PACIFIC VEGAN DESSERT MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF THE WORLD VEGAN DESSERT MARKET SIZE, 2021-2028 ($ MILLION)
