Ice Cream Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 Segmented By Category (Take-Home Ice Cream, Impulse Ice Cream, and Artisan Ice Cream), By Product Type (Brick, Tub, Cup, Cone, Stick, and Others (Ice Cream Sandwiches and Jellies)), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online, and Others (Push Carts, etc.
Published Date: October - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationGet ready for some seriously sweet news! The global ice cream market is expected to explode between 2022 and 2027, growing by a whopping 6.47% each year. Why? Well, there are more people on the planet, more money in their pockets, and let's be honest, who doesn't love ice cream? It's a summertime staple packed with vitamins and minerals, and it's also a great source of energy, thanks to those carbs, lipids, and proteins our bodies crave. And guess what? It's not just for kids! Plus, companies are constantly coming up with cool new ideas like sugar-free options, which should keep the good times rolling. People are always looking for a little indulgence, and ice cream definitely fits the bill. So expect to see even more young people reaching for a refreshing scoop in the years to come!
With more people around, the demand for ice cream is likely to keep growing! After all, who doesn't love it as a dessert at family gatherings or parties? Plus, with more dairy-free and vegan options popping up, brands like Ben & Jerry's and Breyer's are offering yummy almond, soy, and coconut flavors, appealing to a whole new crowd. And because everyone wants to eat healthier these days, the ice cream market is set to boom! To get everyone excited, companies are also coming up with cool packaging, fun branding, and awesome promotions to catch the eye of kids – because let's be real, they're the biggest ice cream fans! All this helps the global ice cream market keep growing.
Furthermore, the consumer preferences are inclining towards sustainability; therefore, global ice cream market players are opting for sustainable methods, which are anticipated to enhance their consumer base further.
Increasing Demand for Convenience Foods Boosting the Market Growth
Consumer spending on fast food is expanding considerably. Owing to busy lifestyles, time constraints, and other factors, the demand for convenience food is increasing significantly. These items are ready to consume, which is a major reason for their growing popularity. Snack trends are shifting as well, with consumers increasingly looking for snacks that are not only convenient but also combine other purposes such as high protein and better eating. Such factors are intended to help the ice cream sector even more.
Growing Premiumization of Ice Cream Aiding the Market Growth
Lately, premium ice creams are really taking off, especially with people who are watching what they eat. That's because they're made with high-quality ingredients and have less air whipped in than your average scoop. People are choosing these kinds of ice creams more and more because they think they're healthier, and they're right! They're packed with good stuff like calcium and a bunch of vitamins (A, C, D, E, K, and the B's), which can help with everything from keeping your bones strong to boosting your energy. Plus, they're said to help lower blood pressure, give your brain a kickstart, and even repair muscle tissue! And get thiscompanies are constantly coming up with new and exciting ice cream options that boast these benefits. All this means we're probably going to see even more people reaching for ice cream all over the world.
Rising Health Consciousness Among Consumers Fueling the Market Growth
Okay, so it looks like more and more millennials and Gen Z folks are paying attention to their health and making smarter choices about what they eat. And guess what? That might be why we're seeing a rise in the popularity of ice cream! You might be thinking, "Ice cream? Really?" But hear me out – it actually has some good stuff in it, like calcium and phosphorus. Calcium is super important for keeping our bones strong and even helps lower the risk of kidney stones. Plus, eating ice cream can boost thrombotonin – that's a feel-good hormone that helps us chill out. And since ice cream is made with milk, it has L-tryptophan, which is kind of like a natural sedative that can help calm your nerves and even make it easier to fall asleep. So, maybe indulging in a scoop isn't so bad after all!
Market Segmentation
So, how's the world eating ice cream? Well, it's complicated! The market is sliced up in a bunch of ways, like by category, where you've got your take-home tubs, those single-serving impulse buys, and fancy artisan stuff. Then there's product type, think bricks, tubs, cups, cones, sticks, and all those other treats (like ice cream sandwiches and jellies). Where are people buying it? That's another way we break it down, with supermarkets/hypermarkets leading the way, then convenience retailers, specialty retailers, online shops, and even good ol' push carts. And of course, we look at how things are playing out across different regionsNorth America, Europe, Asia-Pacific, South America, and the Middle East & Africa all get their own spotlight.
Company Profiles
Unilever PLC, Inspire Brands, Inc., Kahala Franchising, L.L.C., Lotte Corporation, Dairy Farmers of America, Inc., Gujarat Cooperative Milk Marketing Federation, International Dairy Queen Inc., Blue Bell Creameries, L.P., General Mills Inc., Nestlé SA, etc. are among the major market players in the global platform that lead the market growth of the global ice cream market.
| Attribute | Details |
| Market Size Value in 2021 | USD113.82 Billion |
| Revenue Forecast in 2027 | USD165.04 Billion |
| Growth Rate | 6.47% |
| Base Year | 2021 |
| Historical Years | 2017 – 2021 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Billion and CAGR for 2017-2021 and 2022-2027 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Category· Product Type· Distribution Channel· Region· Company |
| Regional Scope | North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
| Key Companies Profiled | Unilever PLC, Inspire Brands, Inc., Kahala Franchising, L.L.C., Lotte Corporation, Dairy Farmers of America, Inc., Gujarat Cooperative Milk Marketing Federation, International Dairy Queen Inc., Blue Bell Creameries, L.P., General Mills Inc., Nestlé SA, etc. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
Report Scope
In this report, global ice cream market has been segmented into the following categories, in addition to the industry trends which have also been detailed below
- Global Ice Cream Market, By Category
- Take-Home Ice Cream
- Impulse Ice Cream
- Artisan Ice Cream
- Global Ice Cream Market, By Product Type
- Brick
- Tub
- Cup
- Cone
- Stick
- Others
- Global Ice Cream Market, By Distribution Channel
- Supermarkets/Hypermarkets
- Convenience stores
- Specialty stores
- Online
- Others
- Global Ice Cream Market, By Region
- North America
- Asia-Pacific
- Europe
- South America
- Middle East & Africa
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