1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Non-dairy Ice Cream Market Share, Pit Falls and Growth Prospects from 2017 to 2024: Global Market Insights Inc.

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  North America, especially US will fairly contribute in non-dairy ice cream market. The product demand is anticipated to increase 3 times in the forecast period. Almond and coconut type are growing faster in comparison to soy. Increasing packed food industry will propel the product demand in the region. The country is hosting big names that include Ben Jerry’s, biggest competitor in the industry.  Asia Pacific is one of the potential region for non-dairy ice cream market. With the advent of growing population and global warming, the demand in this region has raised subsequently. Diabetes currently affects over 6% of the adult population in the region. The product widely produces sugar free ice cream for diabetic patients which is fueling the product usage.  Europe, led by Germany is witnessing growing interest in veganism, over 9% of the population are vegans. There are around 55 vegan restaurants in Berlin that is boosting non-dairy ice cream market. Another factor contributing in growth of the region is diet. People widely believe in healthy vegan diet that excludes use of milk products in their meals. Vegan diet is found to be the most effective way of reducing weight. Regional Analysis of Non-dairy Ice Cream Market :

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Non-dairy Ice Cream Market :  Supply chain of the non-dairy ice cream market is initiated from procurement of raw material that includes soy, almond and cashew. Manufacturers ensure that the product maintains its quality during its transit from factories to distribution center. Temperature controlled containers carry the product to various locations. It is made available in the superstores and retail stores for the consumers.  Non-dairy ice cream market is a highly competitive industry as many new companies are penetrating to take advantage of its growing potential. It is costlier than milk based products and lack calcium that can constraint growth of its usage. Further, fluctuating raw material cost and availability provide challenge in production and pricing of product.  Increasing consumer rate for lactose intolerance and dairy allergies is another factor propelling non-dairy ice cream market. The product is commercialized in the consumers as dietary supplement that is milk free. Over 2% of children younger than three years of age are allergic to milk, this is further accelerating product demand.

4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Key formulators of non-dairy ice cream market are Ben and Jerry’s, Tofutti, Coconut Bliss, DIY, Dippin Dots, Steve’s, So Delicious, Dream, Luna and Larry’s and Trader Joe’s. Unilever acquired Ben and Jerry’s in 2000.  The agreement includes that both the companies will operate separately. Ben and Jerry’s was one of the key player of the vegan product, acquisition helped Unilever to expand its share in the non-dairy ice cream market. Both the companies were focusing on health and hygiene, sustainability and economic development.  Luna and Larry’s launched coconut cookie sandwiches. The growing demand for coconut propelled the company to launch the flavor for development and stability. Competitive Market Share of Non-dairy Ice Cream Market :

5. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Non-dairy Ice Cream Market @ http://bit.ly/2y65O4ihttp://bit.ly/2y65O4i Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1786 Gaming Console Market

6. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Stay In Touch Website: www.gminsights.comwww.gminsights.com Social Media: