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 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.

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 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.

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...

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!

Asia Pacific Ice Cream Industry is Segmented by Category (Dairy and Non-Dairy); by Type (Artisanal Ice-creams, Impulse Ice-creams, and Take-home Ice-creams); by Distribution Channel (Supermarkets/Hypermarkets, Specialist Retailers, Convenience Stores, Online Retail Stores, and Other Distribution Channels); and by Geography (China, Japan, India, Australia, and Rest of Asia-Pacific). The market size is provided in terms of value (USD Million) during the forecasted years for the above segments.

Snapshot img

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?

Request Free Sample

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.

Get a glance at the market report of share of various segments Request Free Sample

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.

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...

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.

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
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	Form Source Product Flavor Sales channel Region
Regions Covered	North America Latin America Europe Asia Pacific Middle East and Africa
Key Countries Profiled	United States Canada Mexico Brazil Germany United Kingdom France Spain Italy Japan China South Korea Singapore Thailand Indonesia Israel GCC Countries South Africa Australia New Zealand
Key Companies Profiled	Unilever Plc. Nestle SA Tofutti Brands Inc. General Mills, Inc. Danone SA Booja Booja Company Ltd Little Red Rooster Ice Cream Company Bliss Unlimited LLC. JUDE'S Oatly.
Customization & Pricing	Available on Request

The revenue in the 'Ice Cream' segment of the food market in Indonesia was forecast to continuously increase between 2024 and 2029 by in total 0.3 billion U.S. dollars (+19.48 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 1.83 billion U.S. dollars and therefore a new peak in 2029. Find further information concerning the volume in the 'Fruits & Nuts' segment of the food market in Italy and the average revenue per capita in the 'Bread & Cereal Products' segment of the food market in the Netherlands. The Statista Market Insights cover a broad range of additional markets.

The Report Covers Europe Ice Cream Brands, Market Share & Industry Trends and it is Segmented by Product Type (Artisanal Ice Cream, Impulse Ice cream, and Take-home Ice Cream); by Category (Dairy and Non-dairy); by Distribution Channel (On-trade and Off-trade); and by Country (Germany, United Kingdom, France, Russia, Spain, Italy, and Rest of Europe). The report offers market size and values in (USD Million) during the forecasted years for the above segments.

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 Ice cream Market size was valued at USD 76.11 USD Billion in 2023 and is projected to reach USD 119.44 USD Billion by 2032, exhibiting a CAGR of 6.65 % during the forecast period. Ice cream, a loved treat is a delightful creation typically crafted from dairy ingredients, sugar and Flavors. It comes in a range of varieties, from vanilla and chocolate to modern twists like salted caramel and matcha green tea. Its smooth texture is often achieved through churning while freezing and its sweet flavour pleases the taste buds. Besides being enjoyed as a dessert on its own ice cream also enhances milkshakes, sundaes and pairs with goods. The option to personalize it with add ins and toppings makes it an enduring favourite, among individuals of all ages. Recent developments include: February 2024: Unilever partnered with leading precision fermentation innovator Perfect Day to launch Breyers Lactose-Free Chocolate, which is composed of Perfect Day's dairy protein from fermentation in the U.S., January 2024: Ice cream brand Zimero announced its plans to expand its retail presence in India. This retail expansion also includes expansion to the online delivery format in Indian cities Hyderabad and Mumbai., March 2022: Yuengling’s Corporation, an American ice-cream manufacturing company, acquired Revolution Desserts, LLC, an Atlanta-based ice cream manufacturing company that owns Gelato Fiasco, Sweet Scoops, Art Cream, and SoCo Creamery brands. Revolution Desserts operates in more than 600 retail stores nationwide., January 2022: Unilever announced the launch of a new vegan ice cream under its magnum brand in Germany. The newly added vegan classic, vegan almond, and vegan hazelnut crunch bars are available in the retail shelves across the country., January 2022: The Ice Cream Factory, a family-owned ice cream manufacturing company in the U.S., expanded its manufacturing footprint by purchasing an 86,000-square-foot factory in Missouri. The company invested nearly USD 9 million and is anticipated to create about 130 new jobs over the next five years., June 2021: Dreyer’s Grand Ice Cream, Inc., a California-based ice cream manufacturing company and part of Nestle S.A, invested nearly USD 145 million to expand its production plant in Fort Wayne., April 2021: Starbucks has announced the launch of a new range of ice creams inspired by customers’ favorite beverages. The new category of Starbucks includes indulgent flavors, formats, and personalized options.. Key drivers for this market are: Continuous Innovation in the Industry to Spur Product Demand. Potential restraints include: Low Shelf Life and Seasonality to Impede Performance. Notable trends are: Premiumization of Ice Cream Products to Augment Market Growth .

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.

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.

Ice Cream Market size was valued at USD 90.46 Billion in 2024 and is projected to reach USD 127.76 Billion by 2031, growing at a CAGR of 4.41% during the forecast period 2024-2031.

The Ice Cream Market is driven by several factors, including the increasing disposable incomes, changing lifestyles, and growing consumer preference for indulgent treats. The rising popularity of premium and artisanal ice cream flavors, coupled with innovative product launches, is attracting a wider consumer base. Additionally, the increasing availability of ice cream in various formats, such as cups, cones, and tubs, is catering to diverse consumer preferences. Furthermore, the growing demand for healthier and natural ice cream options, such as low-fat and organic varieties, is driving product innovation and market growth.

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.

The size and share of the market is categorized based on Application (Retail (Ice Cream Parlors, Supermarkets), Foodservice (Restaurants, Cafes), Events & Catering) and Product (Hard Ice Cream, Soft Ice Cream, Gelato, Sorbet) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).