Vegan Desserts offer alternatives to treats that are usually heavily laden with butter, eggs, and other animal products. The term vegan dessert can apply to many confections, such as biscuits, cakes, cookies, custards, gelatins, ice creams, pastries, pies, puddings, etc. free from animal or dairy products. Dairy-free vegan desserts are made to include healthy ingredients while producing maximum taste and enjoyment. Vegan Desserts usually are made from plants, and thus their popularity has been increased in recent years. People choose a vegan diet for various reasons, such as health, environment, and ethics. Health is the most significant reason for choosing a vegan diet. A vegan diet tends to contribute to less saturated fat and bad cholesterol than a diet containing animal products.
MARKET DYNAMICS
The growing demand for dairy alternatives is a crucial factor contributing to the vegan dessert industry's growth. Besides, the industry vendors have been offering numerous plant-based sweet dishes that deliver the traditional desserts' quality, taste, and visual appeal. Moreover, rising health consciousness among consumers has encouraged producers to use healthier ingredients in their foods. However, vegan desert growth has hindered in 2020 due to the coronavirus outbreak worldwide. Various promotional activities organized by vegan organizations have been canceled or postponed. Also, frozen desserts, especially the ice cream market, have witnessed a significant decline in the sales due to COVID 19 pandemic as consumers have a misconception or fear that ice cream can make them susceptible to the disease by catching a cold.
MARKET SCOPE
The "Global Vegan Dessert Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the vegan dessert market with detailed market segmentation by product type and distribution channel. The global vegan dessert market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading vegan dessert market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global vegan dessert market is segmented into product type and distribution channel. By product type, the vegan dessert market is classified into biscuits/cookies, cakes & pastries, custards & puddings, frozen desserts, and others. Based on distribution channel, the vegan dessert market is classified into offline, HoReCa (Hotels, Restaurants, and Cafes), and online.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global vegan dessert market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The vegan dessert market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
`The report analyzes factors affecting the vegan dessert market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the vegan dessert market in these regions.
MARKET PLAYERS
The reports cover vital developments in the vegan dessert market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the vegan dessert market are anticipated to lucrative growth opportunities in the future with the rising demand for vegan dessert in the global market. Below mentioned is the list of few companies engaged in the vegan dessert market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the vegan dessert market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- HP Hood LLC
- Unilever plc
- Cado
- Bliss Unlimited, LLC.
- Daiya Foods Inc.
- Ben & Jerry's Homemade, Inc.
- BOSH!
- Nature's Bakery, LLC
- Enjoy Life Foods
- Danone S.A.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.