Ice Cream Market Size to Reach US$ 1,11754.3 Million by 2030, Exhibiting a Growth Rate (CAGR) of 5.47%
Research Reports
Jul 12, 2023
Ice Cream Market Overview:
According to MRFR analysis, the global Ice cream market is expected to register a CAGR of ~5.74% from 2022 to 2030 and hold a value of over USD 1,11,754.3 Million by 2030.
The Ice Cream Market refers to the global industry involved in the production, distribution, and sale of ice cream and related frozen desserts. Ice cream is a popular frozen treat enjoyed by people of all ages worldwide. It is typically made from milk or cream, sugar, and flavorings, and it comes in various forms, such as cones, cups, bars, and tubs, with a wide range of flavors and toppings. The COVID-19 pandemic had a significant impact on the ice cream market. During the early stages of the pandemic, lockdown measures, social distancing guidelines, and closure of foodservice outlets had a negative impact on the industry. The closure of restaurants, cafes, and ice cream parlors led to a decline in the overall demand for ice cream.
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Top Key Players:
Some of the market key players are Nestlé S.A. (Switzerland), Unilever (UK), General Mills Inc. (US), Mars Incorporated (US), Gujarat Cooperative Milk Marketing Federation Ltd (India), Lotte Confectionery Co., Ltd (South Korea), Amy’s Ice Cream (US), Jude’s Ice Cream (UK), Wells Enterprises, Inc. (US), and Blue Bell Creameries (US)
Market Segmentation:
The Global Ice cream market has been segmented into Product Type, Flavor Type, Category and Distribution Channel
Based on Product Type: Sticks/Bars, Cones & Cups, Tubs & Bricks and Others
Based on Flavor Type: Chocolate, Vanilla, Tutti Frutti, Blends and Others
Based on Category: Dairy-Based and Non-Dairy
Based on Distribution Channel: Store-Based and Non-Store-Based
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Regional Analysis:
North America is a significant market for ice cream, with the United States being the largest consumer. The region is known for its diverse flavors and premium offerings. Consumers in North America demand a wide variety of ice cream products, including low-fat, lactose-free, and organic options. Europe has a strong ice cream market, with countries like Italy, Germany, and the United Kingdom being major consumers. European consumers often prioritize high-quality ingredients and traditional flavors. Gelato, a popular Italian style of ice cream, holds a significant market share in the region. Asia Pacific is a rapidly growing market for ice cream, driven by increasing disposable incomes and changing consumer preferences. Countries like China, Japan, and India are witnessing significant growth in demand for ice cream. Latin America has a robust ice cream market, with countries like Brazil and Mexico being major consumers. The ice cream market in the Middle East and Africa is growing, driven by urbanization, population growth, and increasing disposable incomes.
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Functional Ice Cream Market Research Report Information By Flavor Type (Chocolate, Vanilla, Blends, and Others), By Claim (Lactose-Free, Low-Fat, Low-Calorie, and Others), By Distribution Channel (Store-Based {Supermarkets & Hypermarkets, Online Retail, and Others} and Non-Store-Based), By Claim (Lactose-Free, Sugar-Free, Vegan, Multi-Claim, and Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2032.
Chocolate Ice Cream Market Research Report Information by Product Type (Sticks/Bars, Cones, and Cups, Tubs & Bricks), Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, and Specialty Stores), and Region – Forecast till 2030
Artisanal Ice Cream Market Research Report Information By Type (Conventional and Lactose-Free), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, and Online), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Forecast Till 2030
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