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 ReportThe 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
- Sugar-free
- Conventional
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retail
- Others
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
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.
- 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.
- 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.
Market Report Scope
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.
REGIONAL FRAMEWORK
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
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, North America held the largest share of 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.
The rising veganism trend and inclination towards sugar-free products is likely to remain the key trends in the market.
The Vegan Dessert Market is estimated to witness a CAGR of 10% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Vegan Dessert Market - By Product Type
1.3.2 Vegan Dessert Market - By Distribution Channel
1.3.3 Vegan Dessert Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. VEGAN DESSERT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. VEGAN DESSERT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. VEGAN DESSERT MARKET - GLOBAL MARKET ANALYSIS
6.1. VEGAN DESSERT - GLOBAL MARKET OVERVIEW
6.2. VEGAN DESSERT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. VEGAN DESSERT MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. BISCUITS/COOKIES
7.3.1. Overview
7.3.2. Biscuits/Cookies Market Forecast and Analysis
7.4. CAKES AND PASTRIES
7.4.1. Overview
7.4.2. Cakes and Pastries Market Forecast and Analysis
7.5. CUSTARDS AND PUDDINGS
7.5.1. Overview
7.5.2. Custards and Puddings Market Forecast and Analysis
7.6. FROZEN DESSERTS
7.6.1. Overview
7.6.2. Frozen Desserts Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. VEGAN DESSERT MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. OFFLINE
8.3.1. Overview
8.3.2. Offline Market Forecast and Analysis
8.4. HORECA (HOTELS,RESTAURANTS,AND CAFES)
8.4.1. Overview
8.4.2. HoReCa (Hotels,Restaurants,and Cafes) Market Forecast and Analysis
8.5. ONLINE
8.5.1. Overview
8.5.2. Online Market Forecast and Analysis
9. VEGAN DESSERT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Vegan Dessert Market Overview
9.1.2 North America Vegan Dessert Market Forecasts and Analysis
9.1.3 North America Vegan Dessert Market Forecasts and Analysis - By Product Type
9.1.4 North America Vegan Dessert Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Vegan Dessert Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Vegan Dessert Market
9.1.5.1.1 Canada Vegan Dessert Market by Product Type
9.1.5.1.2 Canada Vegan Dessert Market by Distribution Channel
9.1.5.2 Mexico Vegan Dessert Market
9.1.5.2.1 Mexico Vegan Dessert Market by Product Type
9.1.5.2.2 Mexico Vegan Dessert Market by Distribution Channel
9.1.5.3 US Vegan Dessert Market
9.1.5.3.1 US Vegan Dessert Market by Product Type
9.1.5.3.2 US Vegan Dessert Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Vegan Dessert Market Overview
9.2.2 Europe Vegan Dessert Market Forecasts and Analysis
9.2.3 Europe Vegan Dessert Market Forecasts and Analysis - By Product Type
9.2.4 Europe Vegan Dessert Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Vegan Dessert Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Vegan Dessert Market
9.2.5.1.1 Germany Vegan Dessert Market by Product Type
9.2.5.1.2 Germany Vegan Dessert Market by Distribution Channel
9.2.5.2 France Vegan Dessert Market
9.2.5.2.1 France Vegan Dessert Market by Product Type
9.2.5.2.2 France Vegan Dessert Market by Distribution Channel
9.2.5.3 Italy Vegan Dessert Market
9.2.5.3.1 Italy Vegan Dessert Market by Product Type
9.2.5.3.2 Italy Vegan Dessert Market by Distribution Channel
9.2.5.4 United Kingdom Vegan Dessert Market
9.2.5.4.1 United Kingdom Vegan Dessert Market by Product Type
9.2.5.4.2 United Kingdom Vegan Dessert Market by Distribution Channel
9.2.5.5 Russia Vegan Dessert Market
9.2.5.5.1 Russia Vegan Dessert Market by Product Type
9.2.5.5.2 Russia Vegan Dessert Market by Distribution Channel
9.2.5.6 Rest of Europe Vegan Dessert Market
9.2.5.6.1 Rest of Europe Vegan Dessert Market by Product Type
9.2.5.6.2 Rest of Europe Vegan Dessert Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Vegan Dessert Market Overview
9.3.2 Asia-Pacific Vegan Dessert Market Forecasts and Analysis
9.3.3 Asia-Pacific Vegan Dessert Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Vegan Dessert Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Vegan Dessert Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Vegan Dessert Market
9.3.5.1.1 Australia Vegan Dessert Market by Product Type
9.3.5.1.2 Australia Vegan Dessert Market by Distribution Channel
9.3.5.2 China Vegan Dessert Market
9.3.5.2.1 China Vegan Dessert Market by Product Type
9.3.5.2.2 China Vegan Dessert Market by Distribution Channel
9.3.5.3 India Vegan Dessert Market
9.3.5.3.1 India Vegan Dessert Market by Product Type
9.3.5.3.2 India Vegan Dessert Market by Distribution Channel
9.3.5.4 Japan Vegan Dessert Market
9.3.5.4.1 Japan Vegan Dessert Market by Product Type
9.3.5.4.2 Japan Vegan Dessert Market by Distribution Channel
9.3.5.5 South Korea Vegan Dessert Market
9.3.5.5.1 South Korea Vegan Dessert Market by Product Type
9.3.5.5.2 South Korea Vegan Dessert Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Vegan Dessert Market
9.3.5.6.1 Rest of Asia-Pacific Vegan Dessert Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Vegan Dessert Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Vegan Dessert Market Overview
9.4.2 Middle East and Africa Vegan Dessert Market Forecasts and Analysis
9.4.3 Middle East and Africa Vegan Dessert Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Vegan Dessert Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Vegan Dessert Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Vegan Dessert Market
9.4.5.1.1 South Africa Vegan Dessert Market by Product Type
9.4.5.1.2 South Africa Vegan Dessert Market by Distribution Channel
9.4.5.2 Saudi Arabia Vegan Dessert Market
9.4.5.2.1 Saudi Arabia Vegan Dessert Market by Product Type
9.4.5.2.2 Saudi Arabia Vegan Dessert Market by Distribution Channel
9.4.5.3 U.A.E Vegan Dessert Market
9.4.5.3.1 U.A.E Vegan Dessert Market by Product Type
9.4.5.3.2 U.A.E Vegan Dessert Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Vegan Dessert Market
9.4.5.4.1 Rest of Middle East and Africa Vegan Dessert Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Vegan Dessert Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Vegan Dessert Market Overview
9.5.2 South and Central America Vegan Dessert Market Forecasts and Analysis
9.5.3 South and Central America Vegan Dessert Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Vegan Dessert Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Vegan Dessert Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Vegan Dessert Market
9.5.5.1.1 Brazil Vegan Dessert Market by Product Type
9.5.5.1.2 Brazil Vegan Dessert Market by Distribution Channel
9.5.5.2 Argentina Vegan Dessert Market
9.5.5.2.1 Argentina Vegan Dessert Market by Product Type
9.5.5.2.2 Argentina Vegan Dessert Market by Distribution Channel
9.5.5.3 Rest of South and Central America Vegan Dessert Market
9.5.5.3.1 Rest of South and Central America Vegan Dessert Market by Product Type
9.5.5.3.2 Rest of South and Central America Vegan Dessert Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. VEGAN DESSERT MARKET, KEY COMPANY PROFILES
11.1. BEN AND JERRY'S HOMEMADE, INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BLISS UNLIMITED, LLC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BOSH!
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. CADO
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. DAIYA FOODS INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. DANONE S.A.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ENJOY LIFE FOODS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. HP HOOD LLC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. NATURE'S BAKERY, LLC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. UNILEVER PLC
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
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
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For