Vegan Sorbet Market Size (2024 – 2030)

Global Vegan Sorbet Market is estimated to be worth USD 777.89 Million in 2023 and is projected to reach a value of USD 1294.76 Million by 2030, growing at a steady CAGR of 7.55% during the forecast period 2024-2030.

Sorbet is a delicious frozen dessert that is generally made of a fruit puree and a sweetener like sugar or stevia. The term sorbet is derived from sherbet, a Middle Eastern drink made of fruit juice, sweetener, and water. Sorbet has a lower fat content than other desserts as it is generally vegan, which means that it does not consist of any animal products like dairy or honey. Sorbet is made by slowly freezing the ingredients and then churning them until they have a smooth uniform texture. Sorbet can be made from any type or combination of fruits that have been pureed. Many flavor-enhancing ingredients can be added to sorbet, including coffee, chocolate, nuts, liqueur, etc., depending on the preference and region of the consumers. Sorbet doesn't have any air whipped into it as ice cream does, so it has a higher density and a much higher flavor-to-taste ratio. Sorbet can be served as a healthy, low-fat alternative to ice cream.

As sorbets are mostly vegan, they tend to have fewer calories and less fat content than ice cream and other frozen desserts. In addition, the fruit content in vegan sorbet enhances the nutritional value of the product by making it rich in vitamin C. Sorbets also act as a great alternative to ice cream for vegan-diet consumers due to zero dairy and animal products involved in them. Due to these health benefits, the Global Vegan Sorbet Market is anticipated to have a fast CAGR during the forecasted period.

Global Vegan Sorbet Market Drivers:

The growing health-conscious population is fuelling the growth of the global vegan sorbet market.

Many people have started to adopt a vegan lifestyle and consume only plant-based products due to the growing awareness regarding the health benefits that a vegan diet offers to individuals. A vegan diet is generally free from dairy, cholesterol, and saturated fat. A vegan diet helps to promote weight loss, reduce the risk of heart disease by lowering cholesterol levels, reduce the risk of cancer, and manage diabetes by lowering A1C levels. Therefore, this factor drives the demand for vegan sorbet.

The growing concerns regarding the environment and prevention of the exploitation of animals are other factors contributing to the growth of the global vegan sorbet market.

The motive of people adopting a vegan lifestyle is not limited to health benefits. It's also for ethical reasons. Many people care for animals and have emotional attachments to them. They don't want animals to suffer for the benefit of human beings. In addition, animal agriculture is the largest source of methane emissions and it has been found that cutting dairy products and meat from one's diet could reduce an individual's carbon footprint. Therefore, these factors drive the demand for vegan sorbet.

Global Vegan Sorbet Market Challenges:

The global vegan sorbet market is encountering challenges, primarily in terms of high sugar content and limited nutritional value. Vegan sorbet may have less fat content but has a higher sugar percentage in comparison to traditional ice creams and gelato as sorbet mostly consists of refined sugar or artificial sweeteners in order to achieve the desired flavor and texture. Moreover, vegan sorbet is only rich in vitamin C but lacks iron, calcium, and vitamin A in comparison to ice cream and gelato. Thus, these challenges inhibit the growth of the global vegan sorbet market. 

Global Vegan Sorbet Market Opportunities:

Market expansion strategies present lucrative opportunities in the global vegan sorbet market. Given the rising demand for vegan sorbets due to the increasing number of health-conscious individuals and the growing concerns regarding the environment and prevention of animal exploitation in a variety of regions, ice cream brands stand to gain significantly from this opportunity by expanding their vegan sorbet products to new regions in order to broaden their customer base and boost their overall revenue.

COVID-19 Impact on the Global Vegan Sorbet Market:

The outbreak of the COVID-19 pandemic substantially impacted the global vegan sorbet market. The implementation of strict lockdowns, traveling restrictions, and social distancing measures across several nations hindered many companies' manufacturing capacities and caused a shortage of skilled workforce. The pandemic caused disruptions in supply chains and distribution of goods and services, which highly affected the distribution of raw materials and ingredients for the production of vegan sorbet. Moreover, due to the lockdowns, many ice cream brands were forced to shut down their outlets or reduced their operations. These factors negatively impacted the growth of the global vegan sorbet market. However, to avoid exposure to coronavirus, many ice cream companies shifted to online modes for selling vegan sorbet to consumers. This factor positively impacted the market's growth. Therefore, the global vegan sorbet market experienced both challenges and opportunities during the difficult time of the COVID-19 pandemic.

Global Vegan Sorbet Market Recent Developments:

• In February 2023, Häagen-Dazs, an American ice cream brand, unveiled its latest innovation entering the U.S. market, the Butter Cookie Cone, in an effort to meet the growing demand for premium snacking among consumers. It provides a one-of-a-kind dessert experience by covering its well-known luxurious ice cream in butter cookies from top to bottom.
• In June 2022, Yogurtland, the leading self-serve frozen yogurt brand, launched two new limited-edition flavors for summer, Passion Fruit Mango Tart and Strawberry Mango Sorbet. Additionally, Yogurtland's new Strawberry Mangonada cup will only be available online at yogurt-land.com, the Yogurtland app, and DoorDash. It is made with Strawberry Mango Sorbet and features a variety of toppings. At participating locations, the summer flavors and online-only cups are only available while supplies last.
• In March 2022, Halo Top Creamery, an American ice cream brand, expanded its category of fruity frozen desserts with the launch of new Fruit Sorbet pints, the brand's first sorbet option in its frozen line-up. Halo Top Fruit Sorbets, which are made with real fruits and fruit juice and contain less sugar and calories than leading sorbet brands, are available in Raspberry, Mango, and Strawberry flavors. Beginning in May 2022, you can expect to find the new product on store shelves all over the country

VEGAN SORBET MARKET REPORT COVERAGE:

Global Vegan Sorbet Market Segmentation:

Global Vegan Sorbet Market Segmentation: By Packaging

• Cups
• Cones
• Others

In 2022, the cups segment held the highest market share. The growth can be attributed to the cups being a convenient packaging option for single-serve portions of sorbet. Unlike cones, cups don't perish. In addition, cups come as a cheaper alternative for manufacturers to store sorbet. Cups are also a versatile packaging option for sorbet as sorbet can be stored and sold in different sizes to accommodate different serving sizes and price points. Cups are also easily accessible in a variety of stores, which further propel this segment's growth.

Global Vegan Sorbet Market Segmentation: By Distribution Channel

• Convenience Stores
• Online Stores
• Specialty Stores 
• Supermarkets/Hypermarkets
• Others

In 2022, the supermarkets/hypermarkets segment held the highest market share. The growth can be attributed to the wide reach and accessibility of supermarkets/hypermarkets to a large number of consumers. Supermarkets/hypermarkets are largely considered a one-stop shop place for a wide range of products and offer great discounts to consumers, which further propel this segment's growth.

Global Vegan Sorbet Market Segmentation: By Region

• North America
• Europe
• Asia-Pacific
• The Middle East & Africa
• South America

In 2022, the region of North America held the largest share of the global vegan sorbet market. The growth can be attributed to the rising adoption of vegan lifestyle, the growing number of health-conscious individuals, and the high availability of a wide range of fruity flavors to add to vegan sorbet. In addition, the region is home to many significant market players, including Halo Top Creamery, SorBabes Gourmet Sorbet, Talenti, Sorbetto Gelato, and Island Way Sorbet.

Asia-Pacific is anticipated to be the fastest-growing region during the forecast period, owing to the growing popularity of dairy-free products and exotic flavors and the increasing number of health-conscious individuals.

Global Vegan Sorbet Market Key Players:

1. Halo Top Creamery (United States)
2. Häagen-Dazs (United States)
3. Talenti (United States)
4. Ben & Jerry's (United States)
5. SorBabes Gourmet Sorbet (United States)
6. Sambazon (United States)
7. Island Way Sorbet (Canada)
8. Sorbetto Gelato (United States)
9. Blue Bell Creameries (United States)
10. Cold Stone Creamery (United States)