The global vegan ice cream market is anticipated to grow from $595 million in 2021 to $1.015 billion by 2029, according to a new report.
The report, conducted by Data Bridge Market Research, expects the market to experience a compound annual growth rate (CAGR) of 10.80% during the forecast period, with caramel, vanilla and chocolate leading the pack in terms of vegan ice cream flavors.
“Growing demand for a large number of flavours by ice cream lovers is one of the major factor fostering the growth of the market”, states the report. “In other words, the rise in availability of including mint chip, peanut butter, pistachio, strawberry, vanilla, fudge brownie, raspberry, coffee hazelnut, and salted caramel is bolstering the market growth rate.”
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