San Francisco, California, Nov 15, 2018: A recent report, titled, “Non-dairy Ice Cream Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2028,” added by TMR Research to their vast repository, forecasts the market to bode well mainly due a widespread increase in demand for products made from non-dairy ingredients and constituents. The report serves as a promising insight to new entrants as well as existing businesses interested in the market.
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A large number of people are averse to dairy products such as ice cream mainly in the form of allergies. This is primarily responsible for driving demand for non-dairy ice cream products,, thereby propelling growth in the associated market. Moreover, rapid advancements occurring in the frozen foods industry, wherein tasty non-dairy consumables are produced also is contributing towards the market’s growth. In addition, a rising number people practicing veganism too has increased the demand for non-dairy products, especially in the context of ice-cream varieties. With a surge detected in fitness experts all over the globe, the demand for products not made with milk and other dairy-based ingredients is also propelling the global non-dairy ice cream market’s progress.
However, lack of the necessary equipment and facilities required to manufacture the products in remote and underdeveloped regions is mainly responsible for hindering the market’s growth up to a certain extent. Moreover, high costs required to make these products compared to ice cream manufactured with dairy constituents might make it difficult for those having less disposable income to afford them. Nonetheless, several companies are working towards regulating costs of these foods. This is expected to notably reduce effects of most restraints acting on the global non-dairy ice cream market.
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Some of the key companies operating in this sector are: Bliss Unlimited LLC, Unilever, NadaMoo, General Mills, Swedish Glace, and Danone, among several others. The competition is expected to further intensify in the upcoming future.