Global Ice Cream Market 2024

Description

According to the latest data, the market size of the global ice cream sector is expected to rise by USD 36.0 billion with a CAGR of 5.5% by the end of 2029. Consumer demand for indulgent desserts and treats, coupled with evolving dietary habits, is a significant driver behind the global ice cream market’s growth trajectory. This trend encompasses a preference for premium, artisanal, and health-conscious ice cream options.

Ice cream manufacturers are proactively engaged in a cycle of continuous innovation to meet the dynamic demands of consumers. Their efforts manifest through the introduction of an array of new flavors, formats, and ingredients, tailored to cater to the diverse tastes and preferences of the market. This innovation extends to the development of healthier alternatives, including low-sugar, low-fat, and dairy-free options, as well as the incorporation of novel flavors and textures.

Furthermore, the pervasive awareness of health and wellness among consumers has catalyzed a shift towards ice cream products perceived as more conducive to well-being. Consequently, there’s an escalating demand for ice cream offerings featuring functional ingredients, natural or organic components, and reduced calorie or sugar profiles. This consumer-driven push towards healthier ice cream choices is reshaping the landscape of the industry, prompting manufacturers to pivot towards more health-conscious formulations.

This report presents a detailed overview of the Global ice cream industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like type, product type, ingredient, distribution channel, and region. This detailed analysis supports the identification of growth opportunities within the ice cream industry.

Market Segmentation

The ice cream market in Global is structured as follows:
Type: dairy ice cream, water ice cream, others (plant based ice cream)
Product type: impulse ice creams, take home ice creams, frozen yogurt, others
Ingredient: fats and oils, milk, sweeteners, others
Distribution channel: foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, others
Region: Asia Pacific, Europe, Latin America, Middle East and Africa, North America

The global ice cream market is segmented on the basis of type, product type, ingredient, distribution channel, and region. On the basis of type, the global ice cream market has been segmented into dairy ice cream, water ice cream, and others (plant based ice cream). By product type, the global ice cream market has been segmented into impulse ice creams, take home ice creams, frozen yogurt, and others. Based on ingredient, the global ice cream market is categorized into fats and oils, milk, sweeteners, and others. On the basis of distribution channel, the global ice cream market has been segmented into foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others. Geographically, the global ice cream market is segmented into Asia Pacific, Europe, Latin America, Middle East and Africa, and North America.

Competitive Landscape

The global ice cream market is highly competitive. The leading players in the ice cream market include China Mengniu Dairy Company Limited, Danone S.A., Dean Foods Co., Ezaki Glico Co. Ltd., Ferrero International S.A., Food Union Group, Froneri International Limited, General Mills Inc., GoTo Foods LLC, Grupo Nutresa S.A., Gujarat Co-operative Milk Marketing Federation Limited (GCMMF), IFFCO Group, Inner Mongolia Yili Industrial Group Co. Ltd., Lotte Corporation, Mars Incorporated, Meiji Holdings Co. Ltd., Mondelez International Inc., Morinaga & Company Ltd., Morinaga Milk Industry Co. Ltd., NATURA GIDA SAN. ve TIC. A.S., Nestle S.A., Prima Glaces Sarl , RENNA Group of Companies, Russky Kholod OAO, SAMMONTANA S.p.A., TD Iceberry LLC, Tillamook County Creamery Association (TCCA), Turkey Hill Dairy (Peak Rock Capital LLC), Unilever PLC, Yasso Holdings Inc. (Unilever PLC).

This report provides a thorough assessment of the Global ice cream market, examining the performance of leading players from 2019 to 2023. The analysis offers critical information on market share dynamics, pinpointing dominant incumbents as well as rising challengers. Leveraging this data enables companies to refine their strategies, seize growth opportunities, and sustain competitive advantage in an increasingly dynamic market environment.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Global ice cream market.
Gain deep insights into the dynamics of the Global ice cream market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Global ice cream market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewGlobal ice cream market – type analysis
Global ice cream market – product type analysis
Global ice cream market – ingredient analysis
Global ice cream market – distribution channel analysis
Global ice cream market – region analysis
Key players and market share
– China Mengniu Dairy Company Limited
– Danone S.A.
– Dean Foods Co.
– Ezaki Glico Co., Ltd.
– Ferrero International S.A.
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Global ice cream market 2019-2029
Chart Global ice cream market, net growth, 2019-2029
Chart Global ice cream market, growth rates, 2019-2029
Table Global ice cream market by type, 2019-2029
Chart Global ice cream market by type, CAGR historic and forecast, 2019-2029
Chart Global ice cream market by type, 2019-2029
Table Global ice cream market by product type, 2019-2029
Chart Global ice cream market by product type, CAGR historic and forecast, 2019-2029
Chart Global ice cream market by product type, 2019-2029
Table Global ice cream market by ingredient, 2019-2029
Chart Global ice cream market by ingredient, CAGR historic and forecast, 2019-2029
Chart Global ice cream market by ingredient, 2019-2029
Table Global ice cream market by distribution channel, 2019-2029
Chart Global ice cream market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Global ice cream market by distribution channel, 2019-2029
Table Global ice cream market by region, 2019-2029
Chart Global ice cream market by region, CAGR historic and forecast, 2019-2029
Chart Global ice cream market by region, 2019-2029
Table Global ice cream market share (%), by companies, 2019-2023
Chart Global ice cream market, by companies, 2023
Table Global ice cream market share (%), by brands, 2019-2023
Chart Global ice cream market, by brands, 2023
Table Global – population (millions) and forecast
Table Global – consumer price index (CPI) and forecast
Table Global – gross domestic product and forecast
Table Global ice cream market: spend as a proportion of GDP (%)
Table Global ice cream market: consumption per capita (population)