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The Ice Cream Market is segmented by Distribution Channel (Off-Trade, On-Trade) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Dairy production.
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The United States Ice Cream Market is segmented by Distribution Channel (Off-Trade, On-Trade). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Dairy production.
The revenue in the 'Ice Cream' segment of the food market in the United Kingdom was forecast to continuously increase between 2024 and 2029 by in total 0.4 billion GBP (£) (+28.78 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 1.79 billion GBP (£) and therefore a new peak in 2029. Notably, the revenue of the 'Ice Cream' segment of the food market was continuously increasing over the past years.Find more in-depth information regarding the average consumption per capita concerning the chocolate confectionery segment of the food market in the United States and the average price per unit (PPU) concerning the tomato ketchup segment of the food market in the United States. The Statista Market Insights cover a broad range of additional markets.
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According to Cognitive Market Research, the global Retail Ice Cream market size is USD 61241.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 24496.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 18372.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 14085.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 3062.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1224.82 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2 % from 2024 to 2031.
The Impulse Ice Cream held the highest Retail Ice Cream market revenue share in 2024.
Market Dynamics of Retail Ice Cream Market
Key Drivers for Retail Ice Cream Market
Rising Disposable Income to Increase the Demand Globally
Rising disposable profits in growing countries correlate with the economic boom, permitting clients to allocate greater funds closer to discretionary objects, which include ice cream. This fashion is pushed by means of expanded wages, urbanization, and increasing center-elegance populations. As people enjoy higher degrees of disposable income, they tend to prioritize leisure and lifestyle improvements, along with indulging in treats like ice cream. Consequently, the call for ice cream in those regions tends to push progressively upward. Multinational agencies and neighborhood businesses often capitalize on this opportunity with the aid of increasing their product services and distribution networks, aiming to satisfy the growing purchaser appetite for lower priced luxuries. This monetary phenomenon underscores the evolving customer behavior and market dynamics inside growing economies.
Changing Consumer Preferences to Propel Market Growth
Consumer preferences within the ice cream marketplace are shifting toward top-rate alternatives that provide particular flavors, more healthy elements, and indulgent reports. There is a developing demand for ice creams that cater to unique nutritional desires and lifestyle selections, which include sugar-loose, low-fat, vegan, and organic sorts. This fashion reflects a broader cultural shift towards fitness-consciousness and sustainability among international clients. As a result, ice cream manufacturers and retailers are expanding their product strains to consist of specialized services, capitalizing on the growing patron willingness to pay a top rate for incredible and innovative ice cream options. This evolution in customer options is reshaping the industry landscape, encouraging innovation and competition amongst brands to meet the diverse needs of modern-day discerning customers.
Restraint Factor for the Retail Ice Cream Market
Health Concerns to Limit the Sales
Growing health consciousness amongst consumers is influencing preferences closer to lower-sugar and decrease-fat ice cream alternatives, doubtlessly main to a decline in overall ice cream consumption. Concerns over weight problems, diabetes, and different fitness problems related to excessive sugar and fat consumption have brought individuals to look for more healthy dessert options. This shift is riding the call for for products that offer decreased ranges of those elements at the same time as still offering a satisfying indulgence. Additionally, purchasers are more and more interested in ice creams made with natural, healthy elements and people that cater to precise dietary alternatives, including vegan or lactose-free options. As a result, ice cream manufacturers are reformulating their merchandise and introducing new traces to meet those fitness-orientated options. While traditional ice cream remains popular, its intake styles are evolving as customers prioritize fitness-conscious alternatives in their diets and lives.
Impact of Covid-19 on the Retail Ice Cream Market
The retail ice cream market has been dr...
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The size of the Ice Cream Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.35% during the forecast period. The ice cream sector, which is part of the food industry and creates frozen dairy treats with cream, milk, sugar, and flavors, is seeing consistent expansion. High consumer demand for indulgent treats and innovative flavors is what motivates this market. Key companies such as Unilever, Nestlé, and Häagen-Dazs dominate the industry with wide range of products and strong distribution channels. The dynamic market landscape is shaped by the rise of premium, low-fat, and dairy-free options, as well as the growing demand for single-serve and novelty ice creams. Even though there are difficulties in preserving both texture and flavor in healthier options, the market's bright future is upheld by continual research and development endeavors. This path highlights the essential importance of ice cream in current food habits and its opportunity for further market expansion. Recent developments include: October 2022: Unilever partnered with ASAP for the delivery of its ice cream products. As per the partnership, ASAP will also deliver ice cream and treats from Unilever's virtual storefront, The Ice Cream Shop.October 2022: Kemps replaced Dean Goods throughout Iowa as Dairy Farmers of America completed the USD 433 million acquisition of Dean Foods properties. The business took over the Le Mars milk factory, which can process numerous Kemps products, from cottage cheese to ice cream.October 2022: Blue Ribbon's Street range launched three new two-liter tubs, each featuring two flavors. The range includes chocolate affair, caramel hokey pokey, and velvety caramel.. Key drivers for this market are: Growing Inclination Towards Vegan/Plant-based Protein Sources, Increasing Demand for Functional Protein Beverages. Potential restraints include: Competition from Substitute Products. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
The global ice cream market was worth 57 billion U.S. dollars in 2017 and is expected to grow to nearly 75 billion by 2024. This represents an over 30 percent increase in market size over the period. Unilever was the market leader in ice cream manufacturing worldwide.
Ice cream’s history
In the 12th century, Marco Polo returned to Italy from his travels to Asia with a recipe that was akin to the modern sherbet. Historians claim that this recipe developed into ice cream during the 16th century. “Cream ice” was known to be a favorite dessert of Charles I during the 17th century. A similar dessert was introduced to France by Catherine de Medici when she married Henry II. Ice cream was first made available to the public around 1660. In the United States, the earliest account of ice cream came from a letter in 1744, and the dessert was first advertised in the New York Gazette in 1777. Presidents George Washington and Thomas Jefferson were also known to be avid fans of the rare and exotic dessert. In 1851, Jacob Fussell, a milk dealer from Baltimore, began manufacturing ice cream.
America’s favorite brands
In the United States, Breyer’s and Ben & Jerry’s had the highest sales of all ice cream brands. Both brands are owned by Unilever. A recent survey on consumers’ preferred ice cream brands backed up these sales figures, as nearly half of respondents stated that they regularly purchased Breyer’s ice cream.
Gourmet Ice Cream Market Size 2025-2029
The gourmet ice cream market size is forecast to increase by USD 12.36 billion, at a CAGR of 15.1% between 2024 and 2029.
The market is experiencing significant growth, driven by the increasing preference for premium and healthier ice cream options. Flavors such as vanilla, chocolate, and green tea continue to dominate the market. The trend towards socializing in gelaterias and ice cream parlors is also fueling market growth. However, challenges persist in the form of complex logistics and distribution channels for gourmet ice cream. E-commerce platforms are increasingly being used to overcome these challenges, with LED lighting and temperature control technology playing a crucial role in ensuring product quality during transportation. The health benefits associated with gelato, including its lower calorie count compared to traditional ice cream, further boosts market demand. The growing culture of tea consumption in North America, with flavors like blood orange green tea gaining popularity, is also expected to drive growth in the market.
What will be the Size of the Gourmet Ice Cream Market During the Forecast Period?
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The market exhibits vibrant growth, driven by consumers' increasing preference for innovative flavors and diet-friendly options. This segment encompasses a diverse range of products, including gelato, sorbet, and artisanal ice creams. The culture of socializing and indulgence surrounding ice cream continues to fuel demand, particularly in the online retailing space. A recent study revealed that key industry influencers, such as food bloggers and social media personalities, significantly impact consumer purchasing decisions. Quantitative data indicates a steady expansion of the market, with industrial magazines and securities filings reporting strong commercial development. Qualitative data from research papers and consumer surveys underscores the importance of product differentiation and affordability in the competitive landscape.
Gelato and diet-friendly ice creams, including sorbet and low-calorie alternatives, are gaining traction as consumers seek healthier options without compromising on taste. The gourmet ice cream sector's growth is further fueled by the proliferation of supermarkets and hypermarkets, which offer a wide variety of premium ice cream brands. Overall, the market is poised for continued expansion, driven by evolving consumer preferences and the industry's ability to innovate and adapt to changing market dynamics.
How is this Gourmet Ice Cream Industry segmented and which is the largest segment?
The gourmet ice cream industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Gelato
Sorbet
Frozen custard
Others
Distribution Channel
Offline
Online
Product Type
Inorganic
Organic
Flavor
Vanilla
Chocolate
Strawberry
Butter pecan
Others
Geography
Europe
Germany
UK
France
Italy
Spain
North America
Canada
US
APAC
China
India
Japan
South America
Middle East and Africa
By Product Insights
The gelato segment is estimated to witness significant growth during the forecast period.
The market encompasses a range of premium ice cream products, including gelato, sorbet, and frozen custard. Innovative flavors, such as Japanese green tea, sandalwood, and Kolkata meetha paan, cater to consumers seeking unique taste experiences. Diet-friendly options, like low-fat and sugar-free ice creams, address the growing demand for healthier alternatives. Gelato, originating from Italy, is a low-fat, high-sugar frozen dessert, gaining popularity due to its artisanal appeal. The gelato market consists of artisanal gelato ice creams, gourmet gelato ice creams, gelato flavorings, frozen gelato desserts, and yogurt. Factors driving market growth include increasing consumer preference for premium products, the expanding reach of gourmet ice cream through online retailing, and a rising health-conscious consumer base in North America and Europe.
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The gelato segment was valued at USD 5.15 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 32% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market size of various regions, Request Free Sample
Another region offering significant growth opportunities to companies is Europe.
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The India Ice Cream Market size was valued above USD 3 Billion in 2023 and is further projected to grow at a CAGR of 13.49% during 2025-30, the growing developments in quick commerce and e-commerce is expected to drive the market through 2030.
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Protein Ice Cream Market estimated size and share is projected to exceed USD 4,943.90 million by 2034, with a forecasted CAGR of 6.3% during the period.
The Middle East & Africa Ice Cream Market size was valued at USD 3.34 Billion in 2022 and is expected to surpass USD 4.84 Billion by 2031, expanding at a CAGR of 4.2% during the forecast period, 2023 – 2031. The growth of the market is attributed to the rising demand of premium ice creams products.
Ice cream is a frozen food, which is eaten as a dessert or snack and it is usually sweet in taste. It is flavored with ingredients such as vanilla, cocoa, or with fruits including peaches or strawberries. It can be made by whipping a seasoned fluid nitrogen and cream base. Colorings are now and then addeds in addition to stabilizers. This combination is cooled beneath the edge of freezing point of water and mixed to incorporate air space and anticipate the development of perceivable ice crystal, which forms a semi-solid and smooth foam. The ice cream is solid at low temperature of below 2°C.
Improving purchasing power of consumers and rising disposable income are the major drivers of the market growth.
Increasing number of online food delivery services is estimated to propel the growth of market.
Growing demand for convenience foods is anticipated to drive the market growth.
Health concerns associated with ice creams can impede the market growth.
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According to Cognitive Market Research, the global Ice Cream market size is USD 80512.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.60% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 32204.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.8% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 24153.66 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 18517.81 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.6% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 4025.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 1610.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031.
The Sticks/Bars held the highest Ice Cream market revenue share in 2024.
Market Dynamics of Ice Cream Market
Key Drivers of Ice Cream Market
Rising Disposable Incomes to Increase the Demand Globally
Consumers discover they have more money to spend on discretionary items as economies grow and disposable incomes rise. This tendency frequently results in increased indulgence in tiny pleasures like ice cream. People in better financial standing are more likely to spoil themselves and their families with fun activities like trying different ice cream flavors or going to ice cream shops more regularly. Because of this, the demand for ice cream usually rises in lockstep with rising disposable incomes, indicating a shift in culture toward prioritizing leisure and enjoyment in daily life in addition to increased spending.
Urbanization and Busy Lifestyles to Propel Market Growth
Convenient, on-the-go snacks are in high demand due to the growing urban population and people's increasingly hectic lifestyles; ice cream is a popular option due to its delicious and refreshing appeal. Ice cream is the perfect treat since it is portable and provides rapid satisfaction, especially for city people with busy schedules and little time for sit-down meals. Because it comes in several forms—cones, cups, and bars, for example—it can accommodate a range of tastes and consumption habits in the bustle of the city. In addition, the variety of flavors and toppings available for ice cream contributes to its appeal, drawing in those looking for quick yet fulfilling treats amid their busy city life.
Restraint Factors of Ice Cream Market
Health Concerns and Rising Health Consciousness to Limit the Sales
Consumer mindsets have noticed a noticeable movement towards making more thoughtful decisions about sugar content and calorie intake as health concerns and growing health consciousness become more prevalent. This change may reduce the consumption of typically high-calorie ice cream products. Many consumers are looking for healthier substitutes or adjustments, like dairy-free, low-calorie, or low-sugar options. In response to this desire, producers are experimenting with healthier recipes, adding natural sweeteners, and providing more readable nutritional data. Furthermore, the development of healthier and plant-based ice cream substitutes meets the needs of the increasing number of consumers who are concerned about their health and want to indulge sometimes without sacrificing their nutritional objectives.
Impact of COVID-19 on the Ice Cream Market
The COVID-19 epidemic caused significant changes in the ice cream sector. Lockdowns and other limitations at first resulted in fewer customers walking into ice cream shops and fewer impulsive purchases. However, as customers stocked up on comfort foods, the retail category experienced an uptick in demand. There was also a spike in online ordering and delivery services to satiate appetites and follow safety precautions. As the pandemic spread, customers sought solace in minor pleasures amid uncertain times, and as a result, there was an increasing taste for luxury and indulgent types. Manufacturers responded by launching new tastes and packaging sizes to accommodate shifting consumer habits. Notwithstanding obstacles, the sector showed ten...
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The size of the North America Ice cream Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.11% during the forecast period. The ice cream market is a dynamic segment of the global food industry, characterized by diverse flavors, innovative formulations, and a broad range of product offerings. This market includes various categories such as traditional ice cream, gelato, frozen yogurt, and dairy-free alternatives, catering to different consumer preferences and dietary needs. Increasing consumer demand for indulgent treats, coupled with rising disposable incomes and urbanization, has fueled market growth. Additionally, the trend toward premium and artisanal ice creams has gained momentum, with consumers seeking high-quality ingredients and unique flavor profiles. Innovations in packaging and distribution have also played a crucial role in expanding market reach, with online sales gaining popularity alongside traditional retail channels. Seasonal variations and local flavors contribute to market diversity, making ice cream a year-round favorite in many regions. Health-conscious consumers are driving the development of low-calorie, low-sugar, and functional ice creams that incorporate ingredients like probiotics and superfoods, reflecting the growing trend towards healthier eating habits. The market is further influenced by marketing strategies that highlight sustainability, with brands focusing on eco-friendly packaging and sourcing ingredients responsibly. Key players in the ice cream market include established companies and emerging brands, all competing to capture consumer attention through innovative products and effective branding. Overall, the ice cream market is poised for continued growth, driven by evolving consumer preferences, a focus on quality and health, and the ongoing innovation of product offerings. Recent developments include: October 2022: Unilever partnered with ASAP for the delivery of its ice cream products. As per the partnership, ASAP will also deliver ice cream and treats from Unilever's virtual storefront, The Ice Cream Shop.October 2022: Blue Ribbon's Street range launched three new two-liter tubs, each featuring two flavors. The range includes chocolate affair, caramel hokey pokey, and velvety caramel.September 2022: Blue Bell launched a new Salted Caramel Brownie ice cream flavor. The flavor is a creamy vanilla ice cream combined with luscious chocolate brownies and a salted caramel swirl.. Key drivers for this market are: Increasing consumer health conciousness, Growing consumer inclination toward Vegan/Plant-Based Proteins. Potential restraints include: Stringent government regulation of food labels/claims. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
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Explore the Ice Cream Global Market Report 2025 Market trends! Covers key players, growth rate 6.3% CAGR, market size $56.96 Billion, and forecasts to 2033. Get insights now!
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In 2022, the global market for plant based ice-creams was estimated to have reached a sum close to US$ 1.6 billion. The expansion of the worldwide plant-based ice cream market in the next years is being driven by manufacturers' attention on creating and promoting new "clean label" as well as "label free" plant-based ice cream goods. It is thus expected to have generated a sum of US$ 4.3 billion by 2033, along with a CAGR of 10% from 2023 to 2033.
Report Attribute | Details |
---|---|
Estimated Market Value (2022) | US$ 1.6 billion |
Expected Market Value (2023) | US$ 1.7 billion |
Projected Forecast Value (2033) | US$ 4.3 billion |
Anticipated Growth Rate (2023 to 2033) | 10% CAGR |
Report Scope
Report Attribute | Details |
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Growth Rate | CAGR of 10% from 2022 to 2032 |
Market value in 2023 | US$ 1.7 billion |
Market value in 2033 | US$ 4.3 billion |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | US$ billion for value |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
|
Regions Covered |
|
Key Countries Profiled |
|
Key Companies Profiled |
|
Customization & Pricing | Available on Request |
The revenue in the 'Ice Cream' segment of the food market in the United States was forecast to continuously increase between 2024 and 2029 by in total four billion U.S. dollars (+28.03 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 18.27 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Ice Cream' segment of the food market was continuously increasing over the past years.Find further information concerning the volume in the 'Confectionery' segment of the food market in Nigeria and the revenue in the 'Oils & Fats' segment of the food market in Italy. The Statista Market Insights cover a broad range of additional markets.
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Premium Ice Cream: High-end ice creams with unique flavors and rich ingredients, driving market growth.Healthier Options: Increasing demand for ice creams with lower calories, sugar, and fat content.Plant-Based Ice Cream: Growing popularity of vegan and dairy-free options due to health and ethical concerns. Recent developments include: In January 2021, Unilever created a variety of frozen dessert delights under the brand names Breyers, Good Humor, Klondike, Magnum, Popsicle, and Talenti., In January 2021, Northern Bloc, a prominent manufacturer of plant-based desserts, has raised USD 1.7 million. Northern Bloc will use the funds to increase production capacity, expand the workforce, and focus on brand experience across retail., In January 2020, Northern Bloc introduced plastic-free ice cream packaging to reduce plastic waste and promote sustainability. The new paper packaging is fully biodegradable, compostable, and recyclable.. Notable trends are: Increasing Spending on R&D and Digitalization to Fuel Market Growth.
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The ice cream industry has experienced significant growth due to changing consumer preferences, product innovation, and increasing demand. Factors such as indulgent and premium products, continuous product innovation, broadening demographics, e-commerce, and collaborations with other brands have contributed to its success. The industry is expected to continue growing in the future.
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The GCC Ice Cream Market is estimated to grow at a CAGR of around 6.52% during the forecast period 2024-30 Segmented Into Product Type, Flavor, Sales Channel and Country.
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Global Ice Cream Market size was valued at USD 79 billion in 2021 and is poised to grow from USD 82.32 billion in 2022 to USD 119.21 billion by 2030, growing at a CAGR of 4.2% in the forecast period (2023-2030).
In fiscal year 2022, the sales value of the Japanese ice cream industry increased by over five percent compared to the previous fiscal year. Total ice cream sales in Japan exceeded 553 billion Japanese yen in fiscal 2022.
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The Ice Cream Market is segmented by Distribution Channel (Off-Trade, On-Trade) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Dairy production.