Plant-Based Ice Cream Market Report 2026

The plant-based ice cream market size has grown exponentially in recent years. It will grow from $4.25 billion in 2025 to $5.15 billion in 2026 at a compound annual growth rate (CAGR) of 21%. The growth in the historic period can be attributed to growth in lactose intolerance awareness, rising vegan and flexitarian populations, expansion of frozen dessert retail channels, increasing availability of plant-based milk alternatives, evolving consumer taste preferences.

The plant-based ice cream market size is expected to see exponential growth in the next few years. It will grow to $10.95 billion in 2030 at a compound annual growth rate (CAGR) of 20.8%. The growth in the forecast period can be attributed to increasing product diversification in plant-based desserts, rising demand for sustainable indulgent foods, expansion of online and direct-to-consumer sales, growing investments in plant-based food innovation, increasing focus on health-oriented frozen treats. Major trends in the forecast period include increasing demand for dairy-free frozen desserts, rising popularity of clean-label and organic ice creams, growing innovation in plant-based flavor profiles, expansion of premium and artisanal product lines, enhanced focus on low-calorie and functional variants.

The growing number of consumers choosing vegan food is expected to drive the growth of the plant-based ice cream market going forward. Vegan foods exclude all animal products and by-products and are gaining popularity due to rising health awareness, environmental concerns, and the demand for cruelty-free alternatives. Consumers of vegan foods are fueling the demand for plant-based ice cream, seeking dairy-free treats that align with their ethical, environmental, and health-conscious lifestyles. Plant-based ice cream caters to this demand by offering indulgent, dairy-free options that support ethical and sustainable eating habits. For instance, in April 2024, according to the Good Food Institute (GFI), a US-based nonprofit organization focused on alternative protein research, US retail sales of plant-based foods reached $8.1 billion in 2023, with 81% of households that purchased plant-based foods making repeat purchases throughout the year. Therefore, the rise in vegan consumers is driving the plant-based ice cream market.

Leading companies in the plant-based ice cream market are focusing on innovation. They are introducing new products, such as vegan twin-flavored ice creams, to appeal to health-conscious and environmentally aware consumers who seek indulgent yet sustainable dessert options. Vegan ice cream, made from plant-based ingredients such as almond, soy, coconut, or oat milk, serves as a dairy-free alternative to traditional frozen desserts. For instance, in February 2024, Unilever’s Magnum brand launched a new vegan ice cream flavor, Chill Blueberry Cookie. This flavor features a blueberry sorbet center, surrounded by vegan milk chocolate and cookie elements, designed to meet the demand for plant-based treats that evoke specific moods, such as promoting calm and relaxation.

In April 2024, Greenyard, a Belgium-based company specializing in fresh fruits and vegetables, acquired Crème de la Crème Inc. This acquisition strengthens Greenyard's plant-based portfolio and supports its strategy of expanding into guilt-free, fruit- and vegetable-based snacks. Crème de la Crème is a food technology company known for its plant-based frozen desserts, and the acquisition enhances Greenyard's ability to offer a broader range of pure-plant products.

Major companies operating in the plant-based ice cream market are Nestlé S.A., Danone S.A., Pressed Juicery Inc, GoodPop LLC, Vegetarian Express Ltd., Little Red Rooster Ice Cream Company LLC, Booja-Booja Ltd., The Brooklyn Creamery, Cado Inc., Wildgood Inc., Cosmic Bliss Inc., PapaCream, Poco Ice Cream LLC, So Delicious Dairy Free, NadaMoo!, Coconut Bliss, Alpro Frozen Desserts, Oatly Ice Cream, Rebellyous Foods, Plantology Ice Cream.

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

The plant-based ice creams market consists of sales of plant-based ice cream sticks, cups, cakes, and soft serve. 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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