Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Vegan
Dessert Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Vegan Dessert Market. The
research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global Vegan Dessert Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Vegan Dessert Market is offered. In accordance with the
report, the global Vegan Dessert Market is projected to expand at a CAGR of 9.9
% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Desserts that do
not contain eggs, gelatin, milk, honey or any other dairy products such as
butter, cheese, cream, chocolate etc., are known as vegan desserts. Many
traditional desserts are now made without milk and eggs making it fit for
consumption for vegans.
The major
drivers contribute for the growth of Vegan Dessert market in the forecast
period is the increasing demand of alternatives for dairy products and awareness
about veganism with easy accessibility of plant-based products available in the
market. With an increase in number of consumers allergic to eggs, are lactose
intolerant or have chronic diseases like high cholesterol levels, diabetes,
obesity etc. opt for vegan diet, Additionally, with an increase in availability
of plant milk and fats has stimulated the supply of vegan dessert. Due to the
surging popularity of vegan desserts, many restaurants & cafes have put
vegan dessert on their menu. With vegan dessert easily available in
restaurants, café or even local grocery shops and millennials spending most on
dining out, this market is further expected to grow in the forecast period.
Many celebrity figures and social media influencers are now encouraging vegan
diet, which is anticipated to further contribute to the future market growth of
Vegan Dessert market in the forecast period. Many ice cream brands now offer
non-dairy options and dairy alternatives like coconut milk, oat milk, soy milk
etc. However, the only factor that hampers the growth of vegan dessert market
in the forecast period is the small percentage of population that are dedicated
vegans.
Due to the
growing popularity amongst customers for Vegan dessert and a surge in number of
consumers opting for organic, healthier dessert that do not include
conventional ingredients, regions of North America and Europe are expected to
have the largest market share globally in the forecast period. Many
manufacturers are exploring new and innovative vegan desserts. A globally
recognized vegan chef, Fran Costigan has launched various books, tv channels,
cooking classes, consultations etc. thereby increasing awareness amongst
consumers. Also, many manufacturers now opt for different grocery stores to put
up their products thereby increasing their sales and market shares. For e.g.
dairy free frozen dessert was introduced by Planet Oat, which was easily
available in various retails stores like Stop & Shop, Safeway, Giant
Carlisle etc.
Segment Covered:
This market
intelligence report on the global Vegan Dessert Market encompasses market
segments based on product type, distribution channel and country/regions.
In terms of product, the global Vegan Dessert
Market is segregated
into
§ Biscuits / Cookies
§ Cakes & Pastries
§ Custards & Puddings
§ Frozen Desserts
§ Others
By distribution channel, the global Vegan
Dessert Market is also
classified into,
§ Store Based Retailing
ü Hypermarkets / Supermarkets
ü Convenience Store
ü Mom & Pop Stores
ü Discount Stores
ü Food & Drink Specialty Store
ü Independent Small Groceries
ü Others
§ Online Retailing
§ HoReCa
By country/region, the global Vegan Dessert Market has been divided into
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ HP Food (Planet Oat)
§ Unilever
§ Cado
§ Bliss Unlimited LLC
§ Daiya Foods Inc.
§ Alternative Foods
§ Ben & Jerry’s Homemade Inc.
§ BOSH!
§ Grupo Bimbo
§ OGGS and many more.
Other players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Vegan Dessert related investment & spending
and developments by major players of the market are tracked in this global
report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Vegan Dessert Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Vegan Dessert
Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as HP Food, Unilever,
Danone S.A., Cado, Bliss Unlimited, Daiya Foods, Alternative Foods, Ben &
Jerry’s Homemade, BOSH, Grupo Bimbo, OGGS and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Vegan Dessert
Market caters to the needs
of various stakeholders pertaining to this industry, namely suppliers, manufacturers,
investors, and distributors for Vegan Dessert
Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Vegan Dessert Market
v
Identification
of key factors driving investment opportunities in the Vegan Dessert Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants