The global ice cream market was worth ** billion U.S. dollars in 2017 and is expected to grow to nearly ** billion by 2024. This represents an over ** 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.
The statistic shows the average ice cream sales per month in convenience stores in the Northeast of the United States in 2015 compared to the national average. In that year, the average monthly ice cream sales at convenience stores in the Northeast of the U.S. reached ***** U.S. dollars.
This dataset represents monthly ice cream sales data recorded between January 1972 and January 2020. The dataset captures trends over time, showing patterns in sales, which can support time series analysis, trend modeling, and forecasting projects.
The dataset consists of two columns:
Column Name | Description |
---|---|
DATE | The date of observation (in YYYY-MM-DD ) format |
IPN31152N | Numeric values representing monthly ice cream sales (units sold) |
The data spans over 48 years, allowing for trend analysis and exploration of seasonality patterns.
This dataset is suitable for: - Time Series Analysis: Forecasting trends in sales over time using methods like ARIMA, LSTM, or Prophet. - Seasonal Analysis: Understanding how sales fluctuate across months. - Predictive Modeling: Using machine learning to predict future ice cream sales patterns based on historical trends.
https://www.marknteladvisors.com/privacy-policyhttps://www.marknteladvisors.com/privacy-policy
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.
https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy
The global retail ice cream market size in 2023 is estimated to be around USD 85 billion, with a compound annual growth rate (CAGR) of 4.5% projected to reach approximately USD 128 billion by 2032. Several factors contribute to the growth of this market, including evolving consumer preferences, advancements in manufacturing techniques, and a surge in innovative flavors and healthier options.
One of the primary growth factors in the retail ice cream market is the increasing consumer demand for indulgent and premium products. Modern consumers are more willing than ever to spend on high-quality, premium ice creams that boast unique flavors, organic ingredients, and lower-calorie options without compromising on taste. This trend is especially pronounced among younger generations who prioritize both flavor and health-conscious ingredients. Moreover, the rise of artisanal ice cream has brought a wave of innovative and locally-sourced products to the market, further stimulating growth.
The introduction of healthier ice cream options has also significantly fueled market expansion. With growing awareness about health and wellness, many consumers are shifting towards ice creams that offer reduced sugar, dairy-free, and low-fat alternatives. Companies are increasingly experimenting with plant-based ingredients like almond milk, coconut milk, and oat milk to cater to vegan and lactose-intolerant consumers. This trend aligns with the broader move towards healthier eating habits, which is expected to drive sustained growth in the retail ice cream sector.
Technological advancements in the manufacturing and supply chain processes have also played a crucial role in market growth. Improved freezing techniques, packaging innovations, and better logistics have allowed manufacturers to maintain product quality and extend shelf life, thereby enhancing customer satisfaction. Additionally, the adoption of advanced marketing strategies, including social media campaigns and influencer collaborations, has expanded the reach and appeal of various ice cream brands, creating new opportunities for market growth.
Regionally, the market outlook presents a diverse scenario. North America remains a significant market due to the high per capita consumption of ice cream and the strong presence of established brands. Meanwhile, the Asia-Pacific region is expected to witness the fastest growth, driven by the rising disposable incomes, urbanization, and the increasing popularity of Western-style desserts. Europe also holds a substantial share, with a strong inclination towards premium and artisanal ice creams.
The retail ice cream market can be divided into three primary product types: impulse ice cream, take-home ice cream, and artisanal ice cream. Each of these segments contributes uniquely to the market dynamics, driven by different consumer behaviors and preferences.
Impulse ice cream, often sold in single-serve formats at convenience stores, kiosks, and through street vendors, dominates a considerable share of the market. This segment thrives on spontaneous purchase behavior, driven by factors such as immediate gratification and the convenience of on-the-go consumption. The impulse ice cream market benefits from high visibility and accessibility, which encourages frequent purchases, particularly during warmer months. Seasonal promotions and eye-catching packaging further boost sales in this segment.
Take-home ice cream, typically sold in larger containers for consumption at home, is another significant segment. This category includes family packs, tubs, and multipacks. For many consumers, take-home ice cream offers a cost-effective and convenient option for family treats and social gatherings. The segment's growth is supported by the availability of a wide range of flavors and formats, catering to diverse consumer preferences. Additionally, the rise of home entertainment and the growing trend of hosting small gatherings have positively influenced the demand for take-home ice cream.
Artisanal ice cream represents a smaller but rapidly growing segment, characterized by handcrafted products made in small batches. This category emphasizes quality, unique flavors, and natural ingredients, often appealing to gourmet and health-conscious consumers. Artisanal ice creams are frequently marketed as premium products, leveraging their distinctiveness and perceived superior quality to justify higher price points. The segment's growth is driven by the consumer trend
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Explore the key statistics and trends in the ice cream industry, including overall sales figures, popular flavors, seasonal trends, retail vs. foodservice sales, consumer preferences, and the rise of healthier ice cream options.
Ice cream consumption is closely linked to high temperatures and, therefore, has a very seasonal consumption. Consequently, the ice cream consumption in Spain picked during the summer months. In particular, the highest consumption was in the month of July of 2022, with close to ** million kilograms. On the other hand, the lowest consumption of this dairy product was in the winter months, specifically in January and February. Ice cream, a popular dairy product Ice cream is one of the most consumed dairy products by Spanish households. In fact, ice cream was the third dairy product in consumption volume in Spain in 2022, with approximately ***** million kilograms eaten. Additionally, ice cream was the third dairy product in expenditure by households in Spain that year, with approximately *** million euros being spent by consumers in that year. As mentioned, ice cream consumption is seasonal and occurs mostly in the summer months. In the months of June, July and August. The ice cream per capita expenditure in Spain amounted to **** euros in 2023. This was the highest figure seen since 2013, following an uninterrupted string of increases. Milk market resists in Spain Milk was one of the traditional breakfast products in Spain. However, popularity has waned in the past few years. With the growth of diets that do not consume animal products, such as veganism, and the appearance of milk alternatives such as vegetable drinks and lactose-free products, milk consumption has declined in the last decade.In spite of this, milk is still widely consumed in Spanish households. As a result, the milk consumption in Spain amounted to approximately *** billion liters in 2022. One of its greatest advantages is the rather low price of milk in supermarkets in Spain, which amounted to **** euros.
In 2023, Ben & Jerry’s was the leading ice cream brand in the United States, based on sales of *** million U.S. dollars. As impressive as the performance of Ben & Jerry’s is, private-label products made even more sales. Taken together, these products achieved a sales value of *** billion U.S. dollars. Considering the total U.S. ice cream market generated a revenue of **** billion U.S. dollars, this is still just a scoop full even if it’s the biggest. Ice cream brands in the U.S. Brands' unit sales somewhat mirror the sales values of the sector. Private-label once again leads Ben & Jerry’s. However, the distance between branded offers and private-label products is much larger. Private-label products sold *** million units, over double Ben & Jerry’s *** million units sold. Ben & Jerry’s is number one in popularity among consumers. Leading Breyer’s and Blue Bunny in second and third place, respectively. The U.S. ice cream market Ice cream is a part of the frozen dessert category and serves as an indulgent snack for those with a sweet tooth. Ice cream comes in a large variety of styles, ranging from regular ice cream to low-fat ice cream. There are fruity and creamy options available, or a combination of both. In recent years, lactose-free and sugar-reduced options have also become a mainstay of the industry. The retail price of ice cream products such as pre-pack, bulk, and regular ice cream has recently reached new heights. Prices have doubled compared to 1995 values. Still, consumers eat about **** kilograms of ice cream annually.
https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The size of the Chocolate 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 4.87% during the forecast period. Health-conscious consumers are driving demand for lower-fat, lower-sugar, and dairy-free chocolate ice cream alternatives. Additionally, there is a growing trend toward sustainable and ethically sourced ingredients. New flavors, variations (e.g., dark chocolate, white chocolate), and premium ingredients can attract more customers. Innovations such as healthier options or unique packaging also play a role. Ice cream sales often spike during warmer months or special occasions, contributing to increased demand for chocolate-flavored products. Recent developments include: In August 2022, Jude's Plant-Based Mint Chocolate, a new vegan ice cream flavor, was launched in a partnership between United Kingdom ice cream brand Jude's and peppermint chocolate manufacturer Summerdown., In January 2022, Unilever's Magnum brand started a vegan range of bite-sized ice creams. These ice creams are prepared with pea protein, catering to the inclination of consumers toward veganism., In June 2021, Häagen-Dazs launched its multi-textured two-in-one ice creams in Belgian Chocolate & Vanilla Crunch, Dark Chocolate & Salted Caramel Crunch, and Belgian Chocolate & Strawberry flavors in the United Kingdom. The innovative concept includes redesigned breakthrough packaging for greater retail impact, as well as an accessible and simplified pricing point that is consistent with the brand's core range.. Key drivers for this market are: Wider distribution through supermarkets, convenience stores, and online platforms increases accessibility and convenience for consumers. Potential restraints include: Rising health consciousness among consumers can limit consumption due to concerns about sugar and fat content. Notable trends are: Rising Demand for Healthy Ice Creams.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
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.
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
According to Cognitive Market Research, The Global Ice Cream Cake market size is USD 0.146 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030.
In response to seasonal demand shifts, the Ice Cream Cake market boosts production and marketing during warmer months, ensuring efficient supply chain management.
Ice cream cakes are in high demand during birthdays and holidays, prompting the market to offer occasion-specific varieties that cater to celebratory moments.
The Ice Cream Cake market's fastest-growing segment is gluten-free cake, fueled by increased awareness of gluten sensitivities and celiac disease, reflecting evolving dietary preferences.
North America will continue to lead, whereas the Asia Pacific Ice Cream Cake market will experience the strongest growth until 2030.
Market Dynamics of The Global Ice Cream Cake Market
Key Drivers for the Global Ice Cream Cake Market
Rising Seasonal Demand for Ice Cream Cake Will Boost Market Growth for the Global Ice Cream Cake Market.
Seasonal demand fluctuations are a characteristic of the Ice Cream Cake market, with consumer preferences shifting during warmer months to favor cold and refreshing desserts. In response to these seasonal peaks, manufacturers and retailers proactively gear up for heightened demand by increasing production and intensifying marketing efforts, especially during the summer. This strategic approach not only ensures that consumer cravings for ice cream cakes are met but also maximizes sales and minimizes excess inventory during the off-season. Consequently, it enables businesses in the market to efficiently manage their production and supply chain, aligning with the changing preferences of consumers throughout the year.
Technological Advancements to Propel Market Growth for the Global Ice Cream Cake Market
Ice cream cakes hold a strong association with special occasions such as birthdays and holidays, resulting in increased consumer demand during these times. People opt to purchase ice cream cakes to enhance their celebratory moments, creating a discernible seasonal demand pattern within the market. In response, the industry diversifies its offerings, introducing occasion-specific designs and flavors tailored to meet these celebratory needs. This strategic alignment fuels sales, as consumers are enticed by the array of choices catering to their specific occasions, reinforcing the connection between ice cream cakes and memorable celebrations.
Key Restraints for Global Ice Cream Cake Market
Impact of COVID–19 on the Ice Cream Cake Market
The COVID-19 pandemic significantly impacted the Ice Cream Cake market. Supply chain disruptions stemming from restrictions and lockdowns affected the availability of essential ingredients and packaging materials, leading to production and distribution challenges. Closure or limited operations of food service establishments reduced the demand for ice cream cakes in the hospitality sector. As people spent more time at home, there was a notable shift in consumer behavior towards smaller, at-home celebrations, affecting the sales of larger ice cream cakes typically associated with events and parties. However, the comforting and indulgent nature of frozen desserts, including ice cream cakes, helped maintain consumer interest. E-commerce witnessed substantial growth as consumers embraced contactless shopping, contributing to online sales in the ice cream cake market.
Opportunity for the growth of Global Ice Cream Cake Market
The rising demand for healthier and functional ice cream options presents an opportunity in the growth of the Global Ice cream Market.
One of the biggest opportunities driving the growth of the global ice cream market is the rising demand for healthier and functional ice cream options. Consumers are becoming increasingly health-conscious and looking for desserts that align with their dietary preferences, such as low-calorie, low-sugar, dairy-free, high-protein, or enriched with probiotics and vitamins. This shift in consumer mindset has pushed brands to innovate and diversify their offerings, leading to a surge in plant-based ice creams made from almond, oat, or coconut milk, as well as keto-friendly or diabetic-friendly varieties. The trend is particularly strong among younger consumers and urban populations who are willin...
https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/
Ice Cream Cones Market size was valued at USD 1.8 Billion in 2023 and is projected to reach USD 2.9 Billion by 2031, growing at a CAGR of 5.2% during the forecast period 2024 to 2031.
Global Ice Cream Cones Market Drivers
The ice cream cones market is influenced by various market drivers that contribute to its growth and demand. Here are some key drivers:
Increasing Demand for Ice Cream: The growing popularity of ice cream as a dessert item, especially among younger consumers, drives the demand for ice cream cones. Seasonal trends, such as summer months, see a spike in ice cream sales. Diverse Flavor Offerings: The introduction of unique and innovative ice cream flavors attracts consumers, thereby boosting the sales of accompanying products like cones. Specialty cones (such as waffle cones or chocolate-dipped cones) also enhance the appeal.
https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
The ice cream business is subject to strong seasonal influences and is largely dependent on the weather in any given year. General consumer trends such as increased health awareness also influence industry sales. For example, per capita consumption of milk and dairy products has fallen in recent years, which has had a negative impact on the industry. In addition, highly volatile raw material prices had a negative impact on the planning security and earnings situation of industry players. Major fluctuations were observed primarily for key ingredients such as milk, sugar and vanilla. Between 2020 and 2025, industry turnover increased by an average of 1.4% per year.The rise in net monthly household income and the expected increase in sales at supermarkets and discounters should have a positive impact on industry sales for ice cream manufacturers. In 2025, industry turnover is expected to grow by 5.4% to 1.3 billion euros. The expected increase in the producer price for milk is likely to keep material costs at a high level, which will have a negative impact on the earnings situation of industry players. The industry also benefits from the fact that it exports its products primarily to neighbouring EU countries and the export volume significantly exceeds the import volume. As the largest ice cream producer in Europe, Germany is known for its wide range of products and high quality, which ensures strong and continuously growing international demand, even outside the peak season. In the period from 2025 to 2030, industry turnover is expected to increase by an average of 2.9% per year, meaning that it will probably reach 1.5 billion euros in 2030. The development of the industry will continue to depend to a large extent on the weather, which is difficult to forecast. However, the average annual temperature is expected to continue to rise. Companies are likely to continue to endeavour to adapt their products to consumer preferences and therefore constantly develop their product ranges. The market power of the major food retailers is likely to maintain pressure on industry players and lead to an expansion of private label offerings.
During 2023, the sales volume of ice cream manufactured in the UK amounted to approximately *** million liters. A decrease of over *** million liters in comparison to the previous year. An even larger decrease occurred between 2013 to 2014, when sales fell by over *** million liters. The wider UK marketWith the collapse in sales volume also came a collapse in sales value. While the sales value of ice cream in 2019 came to over *** million British pounds. In 2018/19, the average expenditure on ice cream blocks or tubs was at ** pence per person per week, the first major increase in five years. The ice cream van has virtually vanished from British streets. The worldwide marketQuickly summed up: the entire worldwide ice cream market is in decline. Goals of healthier – sugar, fat, and dairy free – lifestyles have had a major impact on U.S. production and consumption. The same is true for the consumption in other markets in the world, such as Canada. The shift towards healthier eating is accompanied by a rising demand for products with a higher quality.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Taiwan Sales: DE: Food: Ice Cream data was reported at 594.000 Metric Ton in May 2018. This records an increase from the previous number of 181.000 Metric Ton for Apr 2018. Taiwan Sales: DE: Food: Ice Cream data is updated monthly, averaging 0.000 Metric Ton from Jan 1982 (Median) to May 2018, with 437 observations. The data reached an all-time high of 651.000 Metric Ton in Jun 2017 and a record low of 0.000 Metric Ton in Feb 2017. Taiwan Sales: DE: Food: Ice Cream data remains active status in CEIC and is reported by Ministry of Economic Affairs. The data is categorized under Global Database’s Taiwan – Table TW.C0005: Sales: By Products: Direct Export: Quantity.
https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy
The global ice creams & frozen desserts market size was valued at approximately USD 70 billion in 2023 and is projected to reach USD 100 billion by 2032, growing at a CAGR of 4.5% during the forecast period. The rising demand for convenient and indulgent snacks, coupled with innovative flavors and health-oriented product offerings, is driving the market's growth.
One of the primary growth factors for the ice creams & frozen desserts market is the increasing consumer inclination towards indulgence and premium products. As disposable incomes rise, consumers are willing to spend more on high-quality, luxury treats that offer unique flavors and textures. The trend of premiumization is particularly strong in mature markets like North America and Europe, where consumers are seeking artisanal and gourmet products. Additionally, the introduction of exotic flavors and the use of organic and natural ingredients are attracting health-conscious consumers, further bolstering market growth.
Another significant factor contributing to market growth is the rising popularity of plant-based and dairy-free frozen desserts. With a growing number of consumers adopting vegan and lactose-free diets, the demand for plant-based ice creams and frozen desserts has surged. Manufacturers are responding to this trend by launching a variety of plant-based products made from almond, coconut, soy, and oat milk. The innovation in plant-based ingredients not only caters to dietary preferences but also resonates with the environmentally conscious consumer, thereby expanding the market's reach.
The proliferation of online retail channels is also playing a crucial role in the market's expansion. The convenience of ordering from home, coupled with the availability of a wide range of products online, has significantly boosted e-commerce sales of ice creams and frozen desserts. Additionally, digital marketing strategies, including social media promotions and influencer partnerships, are enhancing brand visibility and attracting a larger customer base. The integration of advanced logistics and cold chain technologies ensures the efficient delivery of frozen products, thereby maintaining their quality and freshness.
On a regional level, the Asia Pacific region is expected to witness the highest growth during the forecast period, driven by the increasing urbanization and changing dietary patterns in countries like China and India. The growing middle-class population and the expansion of modern retail infrastructure are further contributing to the market growth in this region. Additionally, the influence of Western food culture and the rising number of quick-service restaurants offering frozen desserts are boosting the market prospects in Asia Pacific.
The ice creams & frozen desserts market is segmented by product type into ice cream, gelato, sorbet, frozen yogurt, and others. Ice cream remains the dominant segment, accounting for the largest share due to its widespread popularity and extensive variety. Innovations in flavor, texture, and packaging are continuously appealing to a broad consumer base. The introduction of low-fat and sugar-free options is also attracting health-conscious consumers, further driving the growth of this segment.
Gelato, known for its rich and creamy texture, is gaining popularity, especially in markets like Europe and North America. The authentic Italian treat is appreciated for its intense flavors and artisanal preparation methods. Gelato shops and specialty stores are becoming increasingly popular, contributing to the segment's growth. Additionally, the trend of serving gelato in gourmet restaurants as a premium dessert option is further enhancing its market presence.
Sorbet, a dairy-free frozen dessert, is appealing to the lactose-intolerant and vegan consumers. Made primarily from fruit puree and sugar, sorbet is often considered a healthier alternative to traditional ice cream. The rising health consciousness among consumers and the demand for refreshing, low-calorie treats during summer months are driving the growth of the sorbet segment. The introduction of exotic fruit flavors and organic ingredients is further boosting its appeal.
Frozen yogurt, which combines the creaminess of ice cream with the probiotic benefits of yogurt, is another growing segment. It is particularly popular among health-conscious consumers who seek a balance between indulgence and nutrition. The availability of a wid
https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The alcohol-infused ice cream market is a burgeoning sector within the broader gourmet ice cream industry, experiencing significant growth driven by several key factors. The increasing demand for premium and unique dessert options, coupled with the rising popularity of alcoholic beverages in desserts, fuels this expansion. Consumers, particularly millennials and Gen Z, are seeking innovative and indulgent experiences, leading to a surge in demand for sophisticated and flavorful ice cream creations that incorporate alcohol. This trend is further amplified by the increasing number of craft breweries and distilleries collaborating with ice cream makers, resulting in exciting flavor combinations and limited-edition products. The market is also benefiting from the rise of online ordering and delivery services, making it easier for consumers to access these specialized products. While precise market sizing data is unavailable, considering the premium nature of the products and the growth trajectory of similar gourmet food sectors, a reasonable estimate for the 2025 market size could be placed around $250 million, with a projected compound annual growth rate (CAGR) of 12% throughout the forecast period (2025-2033). This signifies substantial potential for continued expansion over the coming years. However, several factors could constrain market growth. High production costs associated with premium ingredients and stringent regulatory requirements surrounding alcohol content can limit market penetration. Seasonal variations in demand, with higher sales during warmer months, also present a challenge. Furthermore, the market faces competition from traditional ice cream brands that are incorporating alcohol into their product lines. Nevertheless, ongoing innovation in flavors, premiumization strategies, and expansion into new distribution channels will be crucial for brands to maintain their competitive advantage and capitalize on the opportunities present in this dynamic and expanding market segment. The brands mentioned – Haagen-Dazs, Tipsy Scoop, etc. – are well-positioned to capitalize on these opportunities given their established presence in the wider ice cream market.
Sweetener Market Data (SMD) report - beet and cane processors and cane refiners in the U.S. are required by the FAIR Act of 1996, as amended, to report data on physical quantities delivered by use for "Ice Cream and Dairy Products" on a monthly basis. Quantities are reported by region. Regions include: "New England", "Mid Atlantic", "North Central", "South", "West" and "Puerto Rico".
https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy
The global frozen desserts market, currently valued at approximately $97.80 billion (2025), is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 4.15% from 2025 to 2033. This expansion is driven by several key factors. Rising disposable incomes, particularly in developing economies, are fueling increased consumer spending on convenient and indulgent treats. The growing popularity of healthier options, such as low-fat and low-sugar frozen desserts, is also contributing to market growth. Furthermore, innovative product launches featuring unique flavors and formats, along with strategic marketing campaigns emphasizing convenience and premium experiences, are attracting a broader consumer base. The increasing prevalence of online and retail channels further enhances accessibility, bolstering sales. Key players like General Mills, Unilever, Nestlé, and others are investing heavily in research and development to create novel products and enhance their market share. However, the market faces certain challenges. Fluctuating raw material prices, particularly dairy and sugar, can impact profitability. Concerns surrounding the health implications of high sugar and fat content are also influencing consumer choices, prompting manufacturers to develop healthier alternatives. Furthermore, increasing competition and the emergence of smaller, niche brands necessitates continuous innovation and strategic marketing to maintain market presence. Regional variations in consumer preferences and purchasing power also impact market dynamics, creating opportunities for localized product development and targeted marketing strategies. Despite these challenges, the overall market outlook for frozen desserts remains positive, indicating significant growth opportunities for established players and emerging brands alike. Recent developments include: April 2024: Magnum, an ice cream brand of Unilever PLC, expanded its business by introducing unique ice cream flavors in the market. Magnum Vegan Chill Blueberry Cookie is a vegan ice cream stick that combines vanilla biscuit-flavored ice cream, a blueberry sorbet core, and crunchy cookie pieces, all covered in rich vegan chocolate. The ice cream is made with 100% sustainable cocoa beans certified by the Rainforest Alliance, and the vanilla is sustainably produced in Madagascar., March 2024: Arun Ice Creams was named the official ice cream partner for Sunrisers Hyderabad for the T20 Cup 2024 season., October 2022: Kwality Walls, a Hindustan Unilever brand, launched Gulab Jamun flavored ice cream in India for the festive season. The gulab jamun flavored ice cream contains an exotic taste of mithai in addition to fruits and nuts.. Key drivers for this market are: Consumers Inclination Toward Healthier and Lower-fat Options, Innovation in Different Flavors. Potential restraints include: Consumers Inclination Toward Healthier and Lower-fat Options, Innovation in Different Flavors. Notable trends are: Increasing Demand for Ice Cream.
https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The global ice cream cake market is experiencing robust growth, driven by increasing consumer demand for convenient desserts, premium offerings, and innovative flavors. The market, estimated at $5 billion in 2025, is projected to exhibit a healthy Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033, reaching approximately $7.5 billion by the end of the forecast period. Several key factors contribute to this expansion. Firstly, the rising disposable incomes in developing economies are fueling increased spending on premium desserts like ice cream cakes, a treat often associated with celebrations and special occasions. Secondly, the constant innovation in flavors, designs, and sizes caters to evolving consumer preferences and expands the market's appeal beyond traditional demographics. This includes the introduction of healthier options, such as reduced-sugar or organic ice cream cakes, attracting health-conscious consumers. Finally, the strategic partnerships and expansion strategies employed by leading players like Kindori, Dairy Queen, Holiland, Ganso, Paris Baguette, Chateraise, ibaco, and Vadilal are driving market penetration and brand recognition. However, certain restraints limit market growth. Fluctuations in raw material prices, particularly dairy products and sugar, can impact production costs and profitability. Furthermore, intense competition among established brands and the emergence of new players necessitates constant innovation and effective marketing strategies to maintain market share. Seasonal demand is also a challenge, with sales typically peaking during warmer months. Segment-wise, the market is likely diversified across various flavors (chocolate, vanilla, strawberry, etc.), sizes (individual servings to large family-sized cakes), and distribution channels (supermarkets, specialized dessert shops, online retailers). Future growth opportunities lie in expanding into untapped markets, focusing on personalized customization options, and leveraging e-commerce platforms for enhanced sales and reach. The continuous evolution of consumer tastes and preferences will necessitate ongoing product development and marketing efforts to maintain a competitive edge in this dynamic market.
The global ice cream market was worth ** billion U.S. dollars in 2017 and is expected to grow to nearly ** billion by 2024. This represents an over ** 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.