Industry

Vegan Dessert Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Product Type (Biscuits/Cookies, Cakes and Pastries, Custards and Puddings, Frozen Desserts, Others); Distribution Channel (Offline, HoReCa (Hotels,Restaurants,and Cafes), Online) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Report Code : 

TIPRE00014424

No. of Pages : 150
Published Month : Apr 2024
Category : Food and Beverages

The Vegan Dessert Market is expected to register a CAGR of 10% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented by product type (cakes and pastries, custards and puddings, frozen desserts, and others), and category (sugar-free, conventional). The report further presents analysis based on distribution channel (supermarkets and hypermarkets, convenience stores, online retail, and others). The global analysis is further broken-down at regional level and major countries. In terms of geography, the market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Vegan Dessert Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Vegan Dessert Market Segmentation

Product Type

  • Cakes and Pastries
  • Custards and Puddings
  • Frozen Desserts
  • Others

Category

  • Sugar-free
  • Conventional

Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Retail
  • Others

Geography

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Vegan Dessert Market Growth Drivers

  • Growing Trends of Consuming Desserts: The growing trend of consuming desserts after a meal as an effective digestive product is boosting the demand for vegan desserts. Moreover, increasing disposable income and the introduction of various products in the dessert category to cater to the choices of a vast group of consumers are driving the vegan dessert market.
  • Consumers Looking for Different Varities and Flavors: Further, increasing stress due to economic uncertainty caused by crises, such as the COVID-19 pandemic, increases the consumption of comfort food items such as frozen delight, which provide indulgence. Moreover, consumers are seeking different varieties and flavors of dessert; thus, key players are making significant innovations in the vegan dessert market.
  • Incresing Disposable Income and Living Standards: Increased disposable income and improved living standards, a number of which ended up experiencing premium and artisanal vegan products. Economic prosperity allows for increased spending on specialty ingredients, thereby sustaining the growth of vegan dessert market across the globe.

Vegan Dessert Market Future Trends

  • Increasing Number of Vegan Consumers: Veg Veganism has gained significant momentum in recent years. Consumers are highly inclined toward plant-based products as they perceive them as healthier than conventional products. Further, increasing awareness regarding animal protection and environmental sustainability is raising the popularity of vegan desserts across the globe.
  • Increasing Introduction of Frozen Desserts: Due to the flourishing trend of veganism, manufacturers of frozen desserts such as ice cream are launching plant-based products. For instance, in May 2021, Whipped Urban Dessert Lab, a New York-based ice cream parlor, launched ‘Taste of Freedom’ vegan ice cream. Such product innovations further create a trend in the vegan dessert market.
  • Increased Health Concerns: Further, consumers are highly inclined toward vegan-friendly products due to increased health concerns and increased awareness of animal welfare. The rising health consciousness among people due to the increasing prevalence of obesity, diabetes, and other diseases is compelling them to change their dietary habits. People generally perceive plant-based products to be healthier than conventional ones.

Vegan Dessert Market Opportunities

  • Increasing Interest of Manufacturers in Fortification: Functional desserts are becoming more popular than regular ones among health-conscious consumers as they contain high-quality ingredients and can fulfill consumers’ nutritional requirements. The increasing interest of manufacturers in fortification and the addition of functional ingredients may influence the consumer’s decision to select a healthy alternative.
  • Increasing Concerned about the Health Impacts: People nowadays are becoming more concerned about the health impacts of consuming sugar-dense food and beverages. As a result, they are shifting to sugar-free or low-sugar alternatives to stay fit. This trend is gaining traction in the market, which is significantly driving the demand for sugar-free vegan desserts.
  • Increasing Demand for Vegan Confectionery: Additionally, key market players are innovating various confectionery products in the vegan format, owing to increasing demand for vegan confectionery products among consumers, creating lucrative opportunities in the vegan confectionery market across the globe. These factors can help achieve economies of scale, opening new opportunities in the market in the future.

Vegan Dessert Market Regional Insights

The regional trends and factors influencing the Vegan Dessert Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Vegan Dessert Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

  • Get the Regional Specific Data for Vegan Dessert Market

Vegan Dessert Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 10%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Product Type
  • Cakes and Pastries
  • Custards and Puddings
  • Frozen Desserts
  • Others
By Category
  • Sugar-free
  • Conventional
By Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Retail
  • Others
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Ben and Jerry's Homemade, Inc.
  • Bliss Unlimited, LLC.
  • BOSH!
  • Cado
  • Daiya Foods Inc.
  • Danone S.A.
  • Enjoy Life Foods
  • HP Hood LLC
  • Nature's Bakery, LLC

  • Vegan Dessert Market Players Density: Understanding Its Impact on Business Dynamics

    The Vegan Dessert Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Vegan Dessert Market are:

    1. Ben and Jerry's Homemade, Inc.
    2. Bliss Unlimited, LLC.
    3. BOSH!
    4. Cado
    5. Daiya Foods Inc.

    Disclaimer: The companies listed above are not ranked in any particular order.



    • Get the Vegan Dessert Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Vegan Dessert Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Vegan Dessert Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

    The List of Companies

    1. Ben and Jerry's Homemade, Inc.
    2. Bliss Unlimited, LLC.
    3. BOSH!
    4. Cado
    5. Daiya Foods Inc.
    6. Danone S.A.
    7. Enjoy Life Foods
    8. HP Hood LLC
    9. Nature's Bakery, LLC
    10. Unilever plc
    Download Sample

    Frequently Asked Questions

    What are the deliverable formats of the vegan dessert market?

    The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.

    Which are the leading players operating in the vegan dessert market?

    Oatly Group AB, Danone SA, JD's Vegan, Mauna Loa, Forager Project, Ben and Jerry's, Steve and Andy’s, The Brooklyn Creamery, NADAMOO, HP HOOD LLC are among the leading players operating in the vegan dessert market.

    Based on geography, which region held the largest share of the vegan dessert market?

    Based on geography, North America held the largest share of the vegan dessert market.

    What are the driving factors impacting the vegan dessert market?

    The rising awareness about health benefits of vegan products among customers and strategic development initiatives by key market players is driving the vegan dessert market growth.

    What are the future trends of the vegan dessert market?

    The rising veganism trend and inclination towards sugar-free products is likely to remain the key trends in the market.

    What is the expected CAGR of the Vegan Dessert Market?

    The Vegan Dessert Market is estimated to witness a CAGR of 10% from 2023 to 2031