Vegan Ice Cream Market Report 2026

The vegan ice cream market size has grown strongly in recent years. It will grow from $0.78 billion in 2025 to $0.84 billion in 2026 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to increasing consumer shift toward plant-based diets, growth of lactose-intolerant population, expansion of vegan food retail offerings, rising demand for frozen desserts, development of non-dairy processing technologies.

The vegan ice cream market size is expected to see strong growth in the next few years. It will grow to $1.1 billion in 2030 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to increasing focus on sustainable food choices, rising innovation in texture and flavor profiles, expansion of online grocery channels, growing demand for allergen-free desserts, increasing penetration in emerging markets. Major trends in the forecast period include increasing demand for plant-based frozen desserts, rising innovation in dairy-free formulations, expansion of premium and artisanal vegan ice cream, growing adoption of alternative milk bases, enhanced focus on clean-label ingredients.

The rise in health awareness is expected to propel the growth of the vegan ice cream market going forward. Attention toward health is increasing due to greater awareness of major health concerns such as obesity, smoking, mental health issues, and infectious diseases. Vegan ice cream supports health awareness by providing a dairy-free alternative that may contain lower levels of cholesterol and saturated fats. Plant-based ingredients are widely perceived as healthier options, attracting individuals who are mindful of their dietary choices and seek alternatives aligned with their health objectives. For instance, in June 2024, according to the International Food Information Council, a US-based nonprofit organization, 54% of Americans reported following a specific eating pattern or diet in the past year, up from 52% in 2023. Therefore, the rising focus on health awareness is driving the growth of the vegan ice cream market.

Major companies operating in the vegan ice cream market prioritize innovative products with sorbet centers to maximize their offerings and to expand their product portfolio. A sorbet center in ice cream is a flavorful, frozen, fruit-based filling surrounded by a creamy ice cream exterior. For instance, in February 2024, Magnum, a Unilever PLC brand, a UK-based consumer goods company, launched the vegan blueberry cookie ice cream with sorbet center. It features a vegan vanilla biscuit-flavored ice cream wrapped in a vegan chocolate coating with crunchy cookie pieces and a fruity blueberry sorbet core, making it suitable for those following a vegan diet.

In May 2023, Kale United AB, a Sweden-based plant-based holding company, acquired over 95% stake of Lily & Hanna Corporation for an undisclosed amount. The acquisition is expected to help Kale United AB expand its portfolio of plant-based ice cream and increase its production and distribution of plant-based brands. Lily & Hanna Corporation is a Sweden-based vegan ice cream company.

Major companies operating in the vegan ice cream market are Nestlé S.A., Unilever, The Hain Celestial Group Inc., Wells Enterprises, Ben & Jerry's Homemade Holdings Inc., Oatly Group AB, Jeni's Splendid Ice Creams, Arctic Zero, Perry's Ice Cream, Van Leeuwen Ice Cream, Tofutti Brands Inc., So Delicious Dairy Free, Coolhaus, Happy Cow Limited, NadaMoo, Bliss Unlimited LLC, Booja-Booja Company Ltd, Over The Moo, Frankie & Jo's LLC, Three Twins Organic Inc., Oat & Mill, McConnell's Fine Ice Creams.

North America was the largest region in the vegan ice cream market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the vegan ice cream market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the vegan ice cream market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The vegan ice cream market consists of sales of vegan vanilla bean ice cream, vegan peanut butter chocolate ice cream, vegan cookie dough ice cream, and vegan strawberry ice cream. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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