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.

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.

Check out Market Research Intellect's Ice Cream Market Report, valued at USD 95.43 billion in 2024, with a projected growth to USD 135.25 billion by 2033 at a CAGR of 4.5% (2026-2033).

The global ice cream market size attained a value of USD 83.24 Billion in 2024. The market is expected to grow at a CAGR of 4.30% between 2025 and 2034, reaching almost USD 126.82 Billion by 2034.

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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 driven by the increasing health benefits associated with gelato, a key segment within the market. Consumers are increasingly drawn to the denser, richer texture and authentic Italian origins of gelato, which is perceived as a healthier alternative to traditional ice cream due to its lower fat content and use of natural ingredients. This trend is further fueled by the growing culture of socializing in gelaterias and ice cream parlors, where consumers can enjoy a premium experience and indulge in a wide variety of unique and artisanal flavors. However, the market also faces challenges in its distribution channels. With the increasing popularity of online sales and home delivery services, traditional brick-and-mortar stores are facing increased competition. Additionally, the perishable nature of gourmet ice cream poses logistical challenges for manufacturers and retailers, requiring careful planning and coordination to ensure timely delivery and optimal product quality. Companies seeking to capitalize on market opportunities must navigate these challenges effectively, leveraging innovative distribution strategies and supply chain management techniques to maintain a competitive edge.

What will be the Size of the Gourmet Ice Cream Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, reflecting the dynamic nature of consumer preferences and industry trends. The artisan food movement has led to a surge in small-batch production, with quality control and ethical sourcing becoming key differentiators. Plant-based and dairy-free options, including vegan ice cream, have gained popularity due to increasing demand for sustainable and ethical food choices. Food festivals and events provide a platform for brands to showcase their unique flavors and innovative recipe formulations. Premium pricing and luxury food market trends have led to the emergence of gourmet toppings and subscription services. Social media marketing and influencer collaborations have become essential strategies for brand differentiation and customer engagement. Food safety standards and sustainable practices are increasingly important, with many brands focusing on local sourcing and fair trade ingredients. The freezing process and packaging technology have also advanced, enabling online ordering and direct-to-consumer sales. Specialty ice creams, seasonal flavors, and ice cream cakes continue to capture the imagination of consumers, offering a sensory experience that goes beyond the traditional scoop. Brand loyalty is fostered through custom flavors, loyalty programs, and a focus on the customer experience. The market is a constantly unfolding landscape, with ongoing innovation in flavor development, sensory analysis, and marketing strategies. The dessert industry as a whole continues to adapt to changing consumer preferences and market dynamics, ensuring a rich and diverse range of options for consumers.

How is this Gourmet Ice Cream Industry segmented?

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. ProductGelatoSorbetFrozen custardOthersDistribution ChannelOfflineOnlineProduct TypeInorganicOrganicFlavorVanillaChocolateStrawberryButter pecanOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalySpainUKAPACChinaIndiaJapanRest of World (ROW).

By Product Insights

The gelato segment is estimated to witness significant growth during the forecast period.The market encompasses various offerings, including ice cream sandwiches, artisan ice cream, plant-based ice cream, and frozen yogurt. This market is a significant segment of the dessert industry, with a strong focus on quality control, ethical sourcing, and sustainable practices. The artisan food movement has fueled innovation, leading to unique flavors, custom formulations, and small-batch production. Consumer preferences for natural ingredients, organic dairy, and dairy-free options have driven the growth of this sector. Food festivals and events serve as platforms for brand differentiation and influencer marketing. Premium pricing is common, reflecting the luxury food market status of gourmet ice cream. Food safety standards are stringently adhered to, ensuring a superior customer experience. Sensory analysis plays a crucial role in recipe formulation and flavor development. Subscription services and online ordering have streamlined distribution, while direct-to-consumer sales and

Functional Ice Cream Market Outlook

According to our latest research, the global functional ice cream market size reached USD 3.7 billion in 2024, with a robust compound annual growth rate (CAGR) of 8.4% projected through the forecast period. The market is anticipated to reach an impressive USD 7.6 billion by 2033, driven by a surge in consumer demand for healthier dessert alternatives, continuous innovation in product formulations, and expanding distribution networks worldwide. The growth of the functional ice cream industry is primarily fueled by rising health consciousness, increasing prevalence of lifestyle diseases, and the rapid adoption of plant-based and fortified food products.

One of the primary growth drivers for the functional ice cream market is the global shift towards health and wellness. As consumers become increasingly aware of the adverse effects of excessive sugar, fat, and artificial additives, there is a marked preference for desserts that offer functional benefits such as probiotics, protein enrichment, and reduced calorie content. This trend is particularly pronounced among millennials and Generation Z, who are actively seeking products that align with their fitness goals and dietary preferences. The proliferation of fitness culture, coupled with rising disposable incomes in emerging economies, has further accelerated the adoption of functional ice cream as a guilt-free indulgence.

Innovation in product development has been instrumental in shaping the functional ice cream market landscape. Manufacturers are leveraging advanced food technology and novel ingredients to create ice cream offerings that cater to specific health needs, such as gut health, muscle recovery, and immune support. The introduction of dairy-free, vegan, and plant-based functional ice creams has opened new avenues for growth, attracting consumers with lactose intolerance, dairy allergies, or those following vegan lifestyles. Additionally, the incorporation of superfoods, vitamins, minerals, and natural sweeteners has enhanced the nutritional profile of functional ice creams, making them a preferred choice for health-conscious consumers.

The expansion of distribution channels has also played a pivotal role in the market’s growth. The increasing presence of functional ice cream in supermarkets, hypermarkets, online platforms, and specialty stores has made these products more accessible to a broader consumer base. Online retail, in particular, has witnessed exponential growth, offering consumers the convenience of home delivery and a wide variety of options. Strategic partnerships between manufacturers and retailers, coupled with targeted marketing campaigns emphasizing health benefits, have further boosted sales and market penetration. This multi-channel approach has enabled brands to reach diverse demographic segments and tap into previously underserved markets.

Regionally, North America continues to dominate the functional ice cream market, accounting for the largest share in 2024, followed by Europe and Asia Pacific. The strong presence of leading brands, high consumer awareness, and a well-established cold chain infrastructure have contributed to the region’s leadership. However, Asia Pacific is expected to exhibit the fastest growth during the forecast period, driven by a burgeoning middle class, increasing health consciousness, and rapid urbanization. The Latin American and Middle Eastern markets are also witnessing steady growth, supported by rising disposable incomes and changing dietary habits. As the functional ice cream market evolves, regional dynamics will play an increasingly important role in shaping the competitive landscape and growth trajectory.

Product Type Analysis

The functional ice cream market is segmented by product type into probiotic ice cream, protein-enriched ice cream, low-calorie ice cream, dairy-free/vegan ice cream, and others. Probiotic ice cream has gained significant traction due to its ab

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.

Ube Ice Cream Market Outlook

According to our latest research, the global Ube Ice Cream market size reached USD 1.14 billion in 2024, reflecting a robust consumer demand for unique and exotic flavors in the frozen desserts segment. The market is expected to expand at a CAGR of 8.6% during the forecast period, reaching a projected value of USD 2.35 billion by 2033. This impressive growth is primarily driven by increasing consumer interest in Asian-inspired desserts, rising lactose intolerance and veganism, and the surge in premiumization trends within the ice cream industry. The market’s upward trajectory is further bolstered by innovative product launches and an expanding retail footprint across both developed and emerging economies.

One of the primary growth factors fueling the Ube Ice Cream market is the global shift toward novel and culturally diverse flavors. Ube, a purple yam native to the Philippines, has gained immense popularity in recent years due to its vibrant color, unique taste, and nutritional profile. Social media platforms such as Instagram and TikTok have played a pivotal role in introducing ube-based desserts to a broader audience, with visually appealing posts driving curiosity and trial among younger demographics. Additionally, the rise of food tourism and the growing influence of Asian cuisine in Western markets have prompted ice cream manufacturers to experiment with ube and other indigenous ingredients, thus expanding the flavor landscape and attracting adventurous consumers seeking new taste experiences.

Another significant driver is the increasing prevalence of lactose intolerance and the surge in veganism, which have compelled manufacturers to diversify their offerings with non-dairy and plant-based alternatives. The non-dairy/vegan ube ice cream segment is witnessing remarkable growth as consumers become more health-conscious and environmentally aware. Innovations in plant-based formulations, such as the use of coconut, almond, or oat milk, have enabled brands to create creamy, indulgent products that cater to a broader audience without compromising on taste or texture. This inclusivity not only boosts market penetration but also aligns with global sustainability trends, as consumers increasingly seek products with clean labels and ethical sourcing.

Furthermore, the premiumization of frozen desserts has contributed significantly to the market’s expansion. Consumers are willing to pay a premium for artisanal and small-batch ice creams that feature high-quality ingredients, unique flavor combinations, and aesthetically pleasing packaging. The rise of specialty stores and gourmet ice cream parlors, particularly in urban centers, has provided a platform for ube ice cream to shine as a premium offering. Collaborations between established brands and local chefs or influencers have also spurred limited-edition launches, further enhancing the product’s exclusivity and appeal. These trends collectively underscore the market’s potential for sustained growth, driven by evolving consumer preferences and innovative marketing strategies.

Regionally, the Asia Pacific region dominates the Ube Ice Cream market, accounting for the largest share due to the ingredient’s cultural significance and established presence in local cuisines. However, North America and Europe are rapidly emerging as lucrative markets, fueled by the growing popularity of Asian fusion desserts and the increasing availability of ube products in mainstream retail channels. The Middle East & Africa and Latin America are also witnessing gradual adoption, supported by expanding expatriate populations and rising disposable incomes. This global diffusion highlights the product’s versatility and universal appeal, setting the stage for continued market growth across diverse geographies.

Product Type Analysis

The Product Type segment of the Ube Ice Cream market is primarily divided into Dairy-based Ube Ice Cream and Non-dairy/Vegan

Ice Cream Market size is expected to be worth around USD 142.3 Bn by 2034, from USD 92.5 Bn in 2024, at a CAGR of 4.4%.

Experience the sweet revolution with the Global Sugar-Free Ice Cream Market, set to grow at a CAGR of 8.9% from 2023-2028. Rising health awareness, diabetes concerns, and the popularity of low-sugar diets drive the demand for delicious and guilt-free frozen treats.

The ice cream stores industry has expanded over the five years to 2024 at an annualized rate of 3.6% to $7.1 billion. This includes 2020 when the global pandemic saw a decrease in visits to ice cream stores as more consumers chose to satisfy their sweet tooth with ice cream gallons from supermarkets. In 2024 alone, industry revenue is expected to grow 1.0%. Despite stagnancy in profit, estimated to remain at 4.5% in 2024, specific trends have supported the ice cream store industry. The declining trend in the Healthy Eating Index, a measure quantifying how much the US' annual diet adheres to recommended healthy eating guidelines, has benefitted industry demand. Due to the high fat and sugar content, ice cream and gelato are not typically considered part of a healthy diet. While some health-conscious consumers have shifted their preference from ice cream to sorbets, frozen yogurt and other healthier dessert alternatives have captured significant market share. Besides, inflation has led to an increase in the price of milk, subsequently pushing up the costs for ice cream stores, thus affecting their profitability. Overall, the industry is forecast to expand at a CAGR of 1.6% over the five years to 2029, reaching $7.7 billion. The growth is partly driven by a substantial increase in households' disposable income, which allows them to spend generously on ice cream stores.

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.

Key Trends of Ice Cream Market

Increase in Plant-Based and Low-Calorie Options:

Consumer preferences are increasingly leaning towards vegan, keto-friendly, and low-calorie ice creams, prompting brands to introduce alternative products crafted from almond milk, oat milk, and coconut milk.

Expansion of Personalized and Artisanal Ice Creams:

Tailored, locally sourced, small-batch ice creams are becoming more popular, particularly among premium and health-conscious consumers who are in search of distinctive, handcrafted experiences. Introduction of the Ice Cream Market

The manufacturing, distributing, and retailing of frozen treats, usually derived from dairy or non-dairy components, are all included in the ice cream market. It comes in various product shapes, including cones...

Ice cream producers navigate a rapidly evolving landscape characterized by intensified competition and fickle, shifting consumer preferences. Over the past five years, the largest producers have engaged in strategic mergers and acquisitions, such as PAI Partners' acquisition of Unilever's ice cream division in 2024, excluding Ben and Jerry's, to consolidate market power. This consolidation has sharpened the competitive landscape as companies vie for dominance in a market increasingly driven by demand for health-conscious and premium products. In response, brands heavily invest in product innovation and marketing strategies, leveraging digital platforms and influencer partnerships to maintain consumer engagement and brand loyalty. As competition heats up, introducing organic, plant-based and low-calorie alternatives is central to capturing today's health-conscious consumers. Revenue has been expanding at a CAGR of 3.3% over the past five years and is expected to hike at a CAGR of 1.0% in 2025, totaling $12.6 billion. Input price volatility has defined the current period, with producers contending with wild fluctuations in milk and sugar prices. These complexities caused fluctuations in average profit, but producers have stabilized it by 2025. This stability is largely attributed to effective supply chain strategies, including long-term contracts and diversified sourcing. The volatility of milk and sugar prices highlighted the need for agile pricing strategies and operational adjustments. Focusing on flavor innovation and strategic partnerships has allowed companies to navigate these economic uncertainties. Producers have differentiated from traditional offerings by enhancing product portfolios with limited edition and seasonal flavors, satisfying even the most fickle consumer tastes despite rising costs. Ice cream production is on track for further transformation in the coming years, driven by evolving health trends and global opportunities. Producers are poised to embrace functional ingredients, with an anticipated rise in keto-friendly and adaptogen-infused options. As plant-based alternatives gain traction, dairy-free options are expected to expand beyond niche status, providing new growth avenues. However, input costs are predicted to stabilize only moderately, with potential volatility still posing challenges, especially in sweeteners and alternative fat sources. Sustainability will take a forefront role, with innovations in packaging and eco-friendly practices reshaping operational strategies. As US producers explore internationally, they'll face the dual challenges of geopolitical uncertainties and local taste adaptations while striving for sustainable and innovative product development to maintain a competitive edge in an increasingly dynamic market. Revenue growth is forecast to slow over the next five years, climbing at a CAGR of 0.8% to $13.1 billion in 2030.

Oat Ice Cream Market Outlook

According to our latest research, the global oat ice cream market size reached USD 370 million in 2024, reflecting robust consumer interest in plant-based and dairy-free frozen desserts. The market is experiencing a strong growth trajectory with a CAGR of 12.8% from 2025 to 2033, driven by increasing lactose intolerance, veganism, and sustainability concerns. By 2033, the oat ice cream market is forecasted to attain a value of USD 1.09 billion, underpinned by innovative product launches, expanding retail distribution, and heightened consumer awareness of health and environmental impacts. As per our latest research, the market’s expansion is primarily fueled by evolving dietary preferences and the growing demand for allergen-friendly dessert options worldwide.

One of the principal growth factors propelling the oat ice cream market is the rising prevalence of lactose intolerance and milk allergies across global populations. Consumers are actively seeking alternatives to traditional dairy-based ice creams, and oat milk, with its naturally creamy texture and neutral flavor, has emerged as a preferred base for plant-based frozen desserts. Additionally, the oat ice cream market is benefitting from the broader trend towards veganism and flexitarian diets, as more individuals opt for plant-based foods for health, ethical, or environmental reasons. Manufacturers are leveraging this shift by introducing oat ice cream products that closely mimic the taste and mouthfeel of conventional ice cream, thereby attracting both vegan and non-vegan consumers.

Another significant driver is the increasing focus on sustainability and environmental stewardship among consumers and food producers alike. Oat cultivation is known to have a lower environmental footprint compared to dairy farming, requiring less water and generating fewer greenhouse gas emissions. This ecological advantage is being effectively communicated by brands, making oat ice cream an attractive choice for environmentally conscious buyers. In addition, oat ice cream is often marketed as free from common allergens such as soy, nuts, and gluten (depending on the formulation), further broadening its appeal to a wider audience seeking safe and inclusive dessert options.

Innovation in flavor profiles, packaging, and product positioning is also fueling the oat ice cream market’s rapid growth. Leading brands are experimenting with a variety of flavors, including both traditional favorites and novel combinations, to capture the interest of diverse consumer segments. Furthermore, the expansion of distribution channels—ranging from supermarkets and hypermarkets to online retail platforms—ensures greater accessibility and convenience for consumers. Strategic partnerships with foodservice providers, such as cafes and restaurants, are also contributing to increased market penetration. As a result, oat ice cream is becoming a mainstream product in many regions, rather than remaining a niche offering.

Regionally, North America and Europe continue to dominate the oat ice cream market, accounting for the largest shares due to high consumer awareness, established retail infrastructure, and a strong presence of leading plant-based brands. However, the Asia Pacific region is emerging as a significant growth frontier, driven by urbanization, rising disposable incomes, and growing interest in healthy and sustainable food choices. Latin America and the Middle East & Africa are also witnessing increased adoption, albeit at a more gradual pace, as multinational brands expand their footprint and local producers introduce regionally tailored oat ice cream offerings. Overall, the global market is characterized by dynamic growth, geographic diversification, and continuous product innovation.

Product Type Analysis

The oat ice cream market by product type is segmented into plain oat ice cream and flavored oat ice cream, with the latter representing the dominant share of the market. Flavored oat ice cream has gained immense pop

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.

The global impulse ice cream market is expected to grow in the forecast period of 2025-2034 at a CAGR of 5.70% due to the increasing consumer demand for single-serving ice creams and growing availability of exotic ice cream options.

The market is projected to grow at a CAGR of 3.3% from 2025 to 2035, increasing from USD 1,023.815 Million in 2025 to USD 1,416.527 Million by 2035.

Metric	Value
Market Size (2025E)	USD 1,023.815 Million
Market Value (2035F)	USD 1,416.527 Million
CAGR (2025 to 2035)	3.3%

Country wise Outlook

Country	CAGR (2025 to 2035)
United States	3.3%

Country	CAGR (2025 to 2035)
United Kingdom	3.3%

Country	CAGR (2025 to 2035)
European Union	3.3%

Country	CAGR (2025 to 2035)
South Korea	3.3%

Country	CAGR (2025 to 2035)
Japan	3.3%

Segmentation Outlook

By Flavour	Market Share (2025)
Vanilla	34.6%

By Distribution Channel	Market Share (2025)
Offline	62.1%

Competitive Outlook

Company Name	Estimated Market Share (%)
Ben & Jerry’s (Unilever)	18-22%
Alden’s Organic Ice Cream	14-18%
Straus Family Creamery	10-14%
Häagen-Dazs (Nestlé)	8-12%
Three Twins Ice Cream	6-9%
Others	25-35

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.

The global plant-based ice creams market is set to witness USD 2.6 billion in 2025. The industry is poised to depict 9.8% CAGR from 2025 to 2035, reaching USD 5.3 billion by 2035.

Metrics	Values
Industry Size (2025E)	USD 2.6 billion
Industry Value (2035F)	USD 5.3 billion
CAGR (2025 to 2035)	9.8%

Semi-Annual Industry Update

Particular	H1
Year	2024 to 2034
Value CAGR	9.5%

Particular	H2
Year	2024 to 2034
Value CAGR	10.1%

Particular	H1
Year	2025 to 2035
Value CAGR	9.9%

Particular	H2
Year	2025 to 2035
Value CAGR	10.5%

Country-wise Analysis

Countries	CAGR (2025 to 2035)
USA	5.3%
India	8.5%
UK	5.5%
Germany	5.0%
China	7.8%

Competitive Outlook

Company Name	Estimated Industry Share (%)
Unilever	25-30%
Nestlé	20-25%
Danone	12-18%
General Mills	10-15%
Oatly	8-12%
Other Players	20-30%

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Ice Cream Market Size 2025-2029

The ice cream market size is forecast to increase by USD 31.7 billion, at a CAGR of 6.1% between 2024 and 2029.

The market is driven by two significant trends: the demand for extended shelf life in ice cream products and the increasing preference for vegan options among millennial consumers. The former is a response to the growing need for convenience and longer preservation periods in the fast-paced modern lifestyle. This trend is pushing manufacturers to invest in advanced technologies and packaging solutions to enhance the product's longevity without compromising taste and quality. Meanwhile, the rising popularity of vegan ice cream is posing a challenge to traditional dairy-based ice cream brands. The increasing prevalence of obesity and related diseases among consumers, particularly among the younger demographic, is fueling this trend. As a result, companies are responding by launching innovative vegan ice cream offerings to cater to this growing consumer base. However, creating vegan ice cream that matches the taste, texture, and mouthfeel of dairy-based ice cream remains a significant challenge. Companies must invest in research and development to create vegan ice cream that appeals to both health-conscious consumers and traditional ice cream lovers. Effective navigation of these trends and challenges will be crucial for companies seeking to capitalize on the market's growth potential and maintain a competitive edge.

What will be the Size of the Ice Cream Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, with dynamic market activities unfolding across various sectors. Innovation remains a key driver, as companies introduce new product offerings to cater to diverse consumer preferences. Ice cream mixes, available in bulk packaging, are popular choices for commercial use, with gelato mixes and frozen yogurt mixes gaining traction due to their unique textures and healthier positioning. Peanut butter and salted caramel are among the latest flavor trends, reflecting consumers' increasing demand for indulgent yet familiar tastes. Cold chain logistics and sugar substitutes are essential considerations for manufacturers, ensuring optimal product quality and catering to dietary restrictions. Health consciousness influences the market, with an emphasis on unique ingredients, local sourcing, and fair trade certifications. Premium ice cream offerings, such as those with chocolate coatings and cookie dough, cater to consumers seeking gourmet experiences. Foodservice operators and convenience stores leverage soft serve machines and batch freezers for quick service, while ice cream parlors and grocery stores offer a more artisanal experience with novel textures and fruit purees. Whipped cream and cake batter add to the overall indulgence, while frozen dessert machines and distribution networks ensure wide availability. Sorbet mixes and fat replacers cater to those with specific dietary needs, further expanding the market's reach. The continuous evolution of the market reflects the industry's adaptability and commitment to meeting consumer demands.

How is this Ice Cream Industry segmented?

The ice cream industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductImpulseTake homeArtisanalTypeDairyNon-DairyFlavorVanillaChocolateStrawberryFruitNutCoffeeSpecialtyDistribution ChannelSupermarkets/HypermarketsConvenience StoresIce Cream ParlorsOnline RetailFoodserviceGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaEgyptKSAOmanUAEAPACChinaIndiaJapanSouth AmericaArgentinaBrazilRest of World (ROW)

By Product Insights

The impulse segment is estimated to witness significant growth during the forecast period.In the dynamic the market, companies cater to consumers' evolving preferences through product innovation and diverse offerings. Ice cream mixes and gelato mixes, available in bulk packaging, are popular choices for ice cream parlors and foodservice operators. Online retailers have emerged as significant distribution channels, enabling consumers to explore a wide range of new flavors, including salted caramel, peanut butter, and fruit purees. Consumer preferences lean towards local sourcing, fair trade ingredients, and novel textures, driving the demand for artisan ice cream and gourmet ice cream. To cater to dietary restrictions, ice cream manufacturers offer sugar substitutes and fat replacers. Continuous freezers and frozen dessert machines facilitate efficient production and distribution. Premium ice cream brands emphasize unique ingredients