What is scope of the report?

The base year for the study has been considered 2019, historic year 2014 and 2018. Read More

What are the significant segments operating in the market?

Market is segmented on the basis. Read More

What are the vital market dynamics?

The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. Read More

What does a company profile includes?

The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering. Read More

Non-Dairy Ice-cream Market by Flavour (Vanilla, Butter pecan, Chocolate, Mint Choco Chip, Caramel, Strawberry, Neapolitan, Cookies and Cream, Others), Source (Almond Milk, Coconut Milk, Cashew Milk, Soy Milk, Others), Product (Impulse, Take home, Artisanal), Distribution Channel (Convenience Stores, Supermarket, Restaurants, Food & Drink Specialists, Online Store, Others), Region Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2020 to 2027

Publish Date: Jan, 2021
Report ID: 419168
Category: Food & Beverages
Pages: 223

$4700

The non-dairy ice-cream market is expected to grow from USD 505 million in 2019 to USD 1390.77 million by 2027, at a CAGR of 13.5% during the forecast period 2020-2027.

The ice creams made of creamy coconut, full-fat milk or other milk substitutes like soy milk or almond milk are known as non-dairy ice creams. These non-dairy ice creams are environment-friendly and are offered in various flavours like chocolate, vanilla, strawberry, caramel, and mint choco chips. The non-dairy ice creams provide exemplary health benefits like clears skin, reduces bloating, and are suitable for people having allergies. The non-dairy ice creams are good for the environment than the traditional ice creams. Non-dairy ice creams are mainly made by replacing cow’s milk with soy, coconut, almond or cashew milk or pea protein.

The factors driving the market are growing consciousness towards environment protection and animal welfare programs, high nutritional value and functional profile of plant-based dairy alternatives, new product launches and alluring marketing techniques, and a vast population suffering from milk allergy and lactose intolerance. The factors restraining the market growth are harmful effects of source by which ice creams are made, expensive as compared to traditional ice cream, and taste and textural differences in contrast to conventional ice cream. Increasing consumer awareness of nutrient intake levels will provide market growth opportunities.

This study delivers a comprehensive analysis of flavour, source, product, distribution channel, and region. The flavour segment includes vanilla, butter pecan, chocolate, mint choco chip, caramel, strawberry, neapolitan, cookies and cream, and others. The chocolate segment is anticipated to witness significant growth due to high compatibility with the source material. Moreover, increasing customer awareness regarding chocolate's benefits, like dark chocolate consumptionreduces cardiac diseases and the increased demand for choco chips among kids are boosting the growth of the segment. The source segment includes almond milk, coconut milk, cashew milk, soy milk, and others. The coconut milk segment holds the largest share due to its convenient ability and ease of processing with a lower price range. The almond milk segment is anticipated to grow, owing to the shift in consumer preference towards almond milk. The product segment includes impulse, take home, and artisanal. The take-home segment holds the largest market share due to home delivery options available, the growing trend of off-premise consumption, and expansion in e-commerce platforms. The distribution channel segment is classified into convenience stores, supermarkets, restaurants, food & drink specialists, online store, and others. The supermarket segment holds the largest market share. This growth is attributed to the significant shift in the consumer’s preference towards supermarkets and hypermarkets.

The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia-Pacific region holds the largest market share, owing to the high consumption levels of ice cream and rapid growth in the population rate, specifically in China and India. North America is anticipated to witness significant growth due to the rising trend of lactose-free diet patterns to mitigate the wide-ranging risk of lactose-intolerance allergies and inflammation. The Europe region will project substantial growth due to shifting consumer preferences towards a healthy lifestyle.

Some of the notable players in the market are General Mills Inc., Eden Creamer LLC, Swedish Glace, Dunkin’ Brands, Tofutti Brands Inc., Trader Joes, Baskin-Robbins, Danone, Unilever, Bliss Unlimited LLC, Happy Cow Limited, Over the Moo, NadaMoo, Van Leeuwen, and BoojaBooja. In April 2017, Danone acquired WhiteWave Foods Co and invested 12.5 billion. This will help Danone to develop new innovative products, strengthen its position in the non-dairy ice cream industry and increase its distribution network.

Non-Dairy Ice Cream Market Analysis and Forecast, Flavour

Vanilla
Butter pecan
Chocolate
Mint Choco Chip
Caramel
Strawberry
Neapolitan
Cookies and Cream
Others

Non-Dairy Ice Cream Market Analysis and Forecast, Source

Almond Milk
Coconut Milk
Cashew Milk
Soy Milk
Others

Non-Dairy Ice Cream Market Analysis and Forecast, Product

Impulse
Take home
Artisanal

Non-Dairy Ice Cream Market Analysis and Forecast, Distribution Channel

Convenience Stores
Supermarket
Restaurants
Food & Drink Specialists
Online Store
Others

Non-Dairy Ice Cream Market Analysis and Forecast, Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Sweden
- Netherland
- U.K.
- Italy
- Spain
- Turkey
- Switzerland
- Belgium
- Rest Of Europe
Asia-Pacific
- Japan
- China
- India
- South Korea
- Australia
- Singapore
- Malaysia
- Thailand
- Indonesia
- Philippines
- Rest Of APAC
South America
- Brazil
- Argentina
- Peru
- Colombia
- Rest Of South America
Middle East And Africa
- UAE
- Saudi Arabia
- Egypt
- Nigeria
- South Africa
- Rest Of MEA

Report Description:

The base year for the study has been considered 2019, historic year 2017 and 2018, the forecast period considered is from 2020 to 2027.
The study delivers a comprehensive analysis of global market for all segments and region
The report offers in-depth analysis of driving factors, opportunities and restraints for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2020 to 2027.
Porter’s Five Forces model is used in order to recognize the competitive scenario in the market. This report incorporates the industry analysis which is focused on providing an extensive view of the market.
The study also includes attractiveness analysis of all segments and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunist for understanding the future growth of the market.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.

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1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis ByFlavour
          4.3.2. Market Attractiveness Analysis BySource
          4.3.3. Market Attractiveness Analysis ByProduct
          4.3.4. Market Attractiveness Analysis ByDistribution Channel
          4.3.5. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. High nutritional value
          5.2.2. Rise in vegan and flexitarian population in developed and developing nations
    5.3. Restraints
          5.3.1. High consumption leads to discomfort and bloating
    5.4. Opportunities
          5.4.1. Technological advancements
6. Global Non-Dairy Ice Cream Market Analysis and Forecast, By Flavour
    6.1. Segment Overview
    6.2. Vanilla
    6.3. Butter pecan
    6.4. Chocolate
    6.5. Mint Choco Chip
    6.6. Caramel
    6.7. Strawberry
    6.8. Neapolitan
    6.9. Cookies and Cream
    6.10. Others
7. Global Non-Dairy Ice Cream Market Analysis and Forecast, By Source
    7.1. Segment Overview
    7.2. Almond Milk
    7.3. Coconut Milk
    7.4. Cashew Milk
    7.5. Soy Milk
    7.6. Others
8. Global Non-Dairy Ice Cream Market Analysis and Forecast, By Product
    8.1. Segment Overview
    8.2. Impulse
    8.3. Take Home
    8.4. Artisanal
9. Global Non-Dairy Ice Cream Market Analysis and Forecast, By Distribution Channel
    9.1. Segment Overview
    9.2. Convenience Stores
    9.3. Supermarket
    9.4. Restaurants
    9.5. Food & Drink Specialists
    9.6. Online Store
    9.7. Others
10. Global Non-Dairy Ice Cream Market Analysis and Forecast, By Regional Analysis
    10.1. Segment Overview
    10.2. North America
          10.2.1. U.S.
          10.2.2. Canada
          10.2.3. Mexico
    10.3. Europe
          10.3.1. Germany
          10.3.2. France
          10.3.3. U.K.
          10.3.4. Italy
          10.3.5. Spain
    10.4. Asia-Pacific
          10.4.1. Japan
          10.4.2. China
          10.4.3. India
    10.5. South America
          10.5.1. Brazil
    10.6. Middle East and Africa
          10.6.1. UAE
          10.6.2. South Africa
11. Global Non-Dairy Ice Cream Market-Competitive Landscape
    11.1. Overview
    11.2. Market Share of Key Players in Global Non-Dairy Ice Cream Market
          11.2.1. Global Company Market Share
          11.2.2. North America Company Market Share
          11.2.3. Europe Company Market Share
          11.2.4. APAC Company Market Share
    11.3. Competitive Situations and Trends
          11.3.1. Material Launches and Developments
          11.3.2. Partnerships, Collaborations, and Agreements
          11.3.3. Mergers & Acquisitions
          11.3.4. Expansions
12. Company Profiles
    12.1. General Mills Inc.
          12.1.1. Business Overview
          12.1.2. Company Snapshot
          12.1.3. Company Market Share Analysis
          12.1.4. Company Flavour Portfolio
          12.1.5. Recent Developments
          12.1.6. SWOT Analysis
    12.2. Eden Creamer LLC
          12.2.1. Business Overview
          12.2.2. Company Snapshot
          12.2.3. Company Market Share Analysis
          12.2.4. Company Flavour Portfolio
          12.2.5. Recent Developments
          12.2.6. SWOT Analysis
    12.3. Swedish Glace
          12.3.1. Business Overview
          12.3.2. Company Snapshot
          12.3.3. Company Market Share Analysis
          12.3.4. Company Flavour Portfolio
          12.3.5. Recent Developments
          12.3.6. SWOT Analysis
    12.4. Dunkin’ Brands
          12.4.1. Business Overview
          12.4.2. Company Snapshot
          12.4.3. Company Market Share Analysis
          12.4.4. Company Flavour Portfolio
          12.4.5. Recent Developments
          12.4.6. SWOT Analysis
    12.5. Tofutti Brands Inc.
          12.5.1. Business Overview
          12.5.2. Company Snapshot
          12.5.3. Company Market Share Analysis
          12.5.4. Company Flavour Portfolio
          12.5.5. Recent Developments
          12.5.6. SWOT Analysis
    12.6. Trader Joes
          12.6.1. Business Overview
          12.6.2. Company Snapshot
          12.6.3. Company Market Share Analysis
          12.6.4. Company Flavour Portfolio
          12.6.5. Recent Developments
          12.6.6. SWOT Analysis
    12.7. Baskin-Robbins
          12.7.1. Business Overview
          12.7.2. Company Snapshot
          12.7.3. Company Market Share Analysis
          12.7.4. Company Flavour Portfolio
          12.7.5. Recent Developments
          12.7.6. SWOT Analysis
    12.8. Danone
          12.8.1. Business Overview
          12.8.2. Company Snapshot
          12.8.3. Company Market Share Analysis
          12.8.4. Company Flavour Portfolio
          12.8.5. Recent Developments
          12.8.6. SWOT Analysis
    12.9. Unilever
          12.9.1. Business Overview
          12.9.2. Company Snapshot
          12.9.3. Company Market Share Analysis
          12.9.4. Company Flavour Portfolio
          12.9.5. Recent Developments
          12.9.6. SWOT Analysis
    12.10. Bliss Unlimited LLC
          12.10.1. Business Overview
          12.10.2. Company Snapshot
          12.10.3. Company Market Share Analysis
          12.10.4. Company Flavour Portfolio
          12.10.5. Recent Developments
          12.10.6. SWOT Analysis
    12.11. Happy Cow Limited
          12.11.1. Business Overview
          12.11.2. Company Snapshot
          12.11.3. Company Market Share Analysis
          12.11.4. Company Flavour Portfolio
          12.11.5. Recent Developments
          12.11.6. SWOT Analysis
    12.12. Over the Moo
          12.12.1. Business Overview
          12.12.2. Company Snapshot
          12.12.3. Company Market Share Analysis
          12.12.4. Company Flavour Portfolio
          12.12.5. Recent Developments
          12.12.6. SWOT Analysis
    12.13. NadaMoo
          12.13.1. Business Overview
          12.13.2. Company Snapshot
          12.13.3. Company Market Share Analysis
          12.13.4. Company Flavour Portfolio
          12.13.5. Recent Developments
          12.13.6. SWOT Analysis
    12.14. Van Leeuwen
          12.14.1. Business Overview
          12.14.2. Company Snapshot
          12.14.3. Company Market Share Analysis
          12.14.4. Company Flavour Portfolio
          12.14.5. Recent Developments
          12.14.6. SWOT Analysis
    12.15. BoojaBooja
          12.15.1. Business Overview
          12.15.2. Company Snapshot
          12.15.3. Company Market Share Analysis
          12.15.4. Company Flavour Portfolio
          12.15.5. Recent Developments
          12.15.6. SWOT Analysis

List of Table

1. Global Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

2. Global Vanilla, Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

3. Global Butter Pecan, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

4. Global Chocolate, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

5. Global Mint Choco Chip, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

6. Global Caramel, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

7. Global Strawberry, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

8. Global Neapolitan, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

9. Global Cookies and Cream, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

10. Global Others, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

11. Global Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

12. Global Almond Milk, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

13. Global Coconut Milk, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

14. Global Cashew Milk,Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

15. Global Soy Milk, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

16. Global Others, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

17. Global Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

18. Global Impulse, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

19. Global Take Home, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

20. Global Artisanal, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

21. Global Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

22. Global Convenience Stores, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

23. Global Supermarkets, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

24. Global Restaurants, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

25. Global Food & Drink Specialists, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

26. Global Online Store, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

27. Global Others, Non-Dairy Ice Cream Market, By Region, 2019-2027 (USD Billion)

28. North America Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

29. North America Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

30. North America Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

31. North America Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

32. U.S. Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

33. U.S. Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

34. U.S. Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

35. U.S. Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

36. Canada Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

37. Canada Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

38. Canada Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

39. Canada Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

40. Mexico Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

41. Mexico Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

42. Mexico Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

43. Mexico Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

44. Europe Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

45. Europe Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

46. Europe Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

47. Europe Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

48. Germany Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

49. Germany Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

50. Germany Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

51. Germany Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

52. France Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

53. France Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

54. France Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

55. France Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

56. U.K. Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

57. U.K. Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

58. U.K. Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

59. U.K. Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

60. Italy Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

61. Italy Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

62. Italy Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

63. Italy Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

64. Spain Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

65. Spain Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

66. Spain Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

67. Spain Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

68. Asia Pacific Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

69. Asia Pacific Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

70. Asia Pacific Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

71. Asia Pacific Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

72. Japan Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

73. Japan Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

74. Japan Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

75. Japan Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

76. China Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

77. China Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

78. China Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

79. China Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

80. India Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

81. India Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

82. India Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

83. India Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

84. South America Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

85. South America Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

86. South America Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

87. South America Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

88. Brazil Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

89. Brazil Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

90. Brazil Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

91. Brazil Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

92. Middle East and Africa Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

93. Middle East and Africa Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

94. Middle East and Africa Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

95. Middle East and Africa Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

96. UAE Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

97. UAE Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

98. UAE Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

99. UAE Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

100. South Africa Non-Dairy Ice Cream Market, By Flavour, 2019-2027 (USD Billion)

101. South Africa Non-Dairy Ice Cream Market, By Source, 2019-2027 (USD Billion)

102. South Africa Non-Dairy Ice Cream Market, By Product, 2019-2027 (USD Billion)

103. South Africa Non-Dairy Ice Cream Market, By Distribution Channel, 2019-2027 (USD Billion)

List of Figures

1. Global Non-Dairy Ice Cream Market Segmentation

2. Global Non-Dairy Ice Cream Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis

7. Value Chain Analysis

8. Global Non-Dairy Ice Cream Market Attractiveness Analysis ByFlavour

9. Global Non-Dairy Ice Cream Market Attractiveness Analysis BySource

10. Global Non-Dairy Ice Cream Market Attractiveness Analysis ByProduct

11. Global Non-Dairy Ice Cream Market Attractiveness Analysis ByDistribution Channel

12. Global Non-Dairy Ice Cream Market Attractiveness Analysis By Region

13. Global Non-Dairy Ice Cream Market: Dynamics

14. Global Non-Dairy Ice Cream Market Share by Flavour(2020 & 2027)

15. Global Non-Dairy Ice Cream Market Share by Source (2020 & 2027)

16. Global Non-Dairy Ice Cream Market Share by Product (2020 & 2027)

17. Global Non-Dairy Ice Cream Market Share by Distribution Channel (2020 & 2027)

18. Global Non-Dairy Ice Cream Market Share by Regions (2020 & 2027)

19. Global Non-Dairy Ice Cream Market Share by Company (2019)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

Market research helps businesses strengthen a company’s position
Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
Market research helps in identifying the potential threats and opportunities associated with the business industry
Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

Data Collection
Data Synthesis
Market Deduction & Formulation
Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends.
Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information.

We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:

Export & Import Data
Business Information related to trade and its statistics
Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.

In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
Examining demographic along with psychographic segmentation for market evaluation
Analyzing the macro and micro-economic indicators for each demography
Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology.

Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.

The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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Testimonials

Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –

Kennedy Brown
Health Technology Innovation
United States

Hi Rahul,
Thank You for the report it is good and beneficial for me.
Thank You in Advance

Mika Salomäki

Dear Siddhartha,
Thank you for your fast reply. The report arrived safe and sound, evrything looks all right.
Thank you very much for your assitance and I will be looking forward to another opportunity for cooperation.

ONDŘEJ ŠUPKA
Analytics Department
ČESKÁ ZBROJOVKA A.S.

Dear Siddhartha,
The report looks good, and we believe the material mix is more realistic now. It is good to know you report “Net” Manufacturing Selling Price, as that can make a difference in how we view the numbers. The reports were great and we appreciate your working with us.
Thanks for all your help!