Asia Pacific Ice Cream Market 2024

Description

The Asia Pacific ice cream market is expected to experience robust growth, with a projected increase of USD 15.7 billion and a compound annual growth rate (CAGR) of approximately 5.3% throughout the forecast period. In Asia Pacific, rapid urbanization and a rising middle class are major drivers of the ice cream market. There is a growing preference for innovative flavors that cater to local tastes, as well as Western-inspired varieties. Moreover, the influence of international food culture is leading to increased interest in premium and imported ice cream brands, boosting the market’s value.

The report provides a comprehensive analysis of the Asia Pacific ice cream industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as type, product type, ingredient, distribution channel and country. The insights gained from this evaluation help reveal the growth potential within the ice cream sector.

Market Segmentation

The segmentation of the Asia Pacific ice cream market is outlined below:
Type: dairy ice cream, water ice cream, others
Product type: frozen yoghurt, impulse ice creams, plant-based ice creams, take-home ice creams, others
Ingredient: fats and oils, milk, sweeteners, others
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, grocery stores, vending, e-commerce, foodservice channels, others
Country: Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam, others

In Asia Pacific, the ice cream market is segmented by type, product type, ingredient, distribution channel and country. By type, the market features dairy ice cream, water ice cream, and others. Product type segments encompass frozen yoghurt, impulse ice creams, plant-based ice creams, take-home ice creams, and others. Ingredient segments cover fats and oils, milk, sweeteners, and others. Distribution channel segmentation includes convenience stores, forecourt stores, supermarkets and hypermarkets, grocery stores, vending, e-commerce, foodservice channels, and others. Geographically, the market is segmented into Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam and others.

Competitive Landscape

Leading companies in the ice cream market comprise Vazira Biznes LLC, Vadilal Industries Ltd., Unilever PLC, Thai Beverage Public Company Limited, Siping Hongbaolai Beverage Co. Ltd., Shin-Line LLP, Shenyang Deshi Enterprise Group Co. Ltd., RJ Corporation, PT Glico Indonesia, PT Diamond Cold Storage, PT Campina Ice Cream Industry Tbk., Ohayo Dairy Products Co. Ltd., Nestle S.A., National Dairy Development Board (NDDB), Namchow Holdings Co. Ltd., Morinaga Milk Industry Co. Ltd., Morinaga & Company Ltd., Meiji Holdings Co. Ltd., Mars Incorporated, Lotte Corporation, LLC JV Singapore-Samarkand, Kracie Holdings Ltd., KIDO Corporation, Inner Mongolia Yili Industrial Group Co. Ltd., Imkon Plus MChJ, Henan Tianbing Cold Drinks Co. Ltd., Hatsun Agro Product Ltd., Hangzhou Wufeng Frozen Foods Co. Ltd., Gujarat Co-operative Milk Marketing Federation Limited (GCMMF), Guangzhou Yuexiu Holding Limited, Guangdong Meiyile Food Co. Ltd., General Mills Inc., Froneri International Limited, Ezaki Glico Co. Ltd., Engro Corporation Limited, Dhaka Ice Cream Industries Limited, Dairy Classic Ice Creams Pvt. Ltd., China Mengniu Dairy Company Limited, Chicecream Food (Shanghai) Co. Ltd. and Ceylon Cold Stores PLC.

This report presents an extensive analysis of major entities in the ice cream market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Asia Pacific ice cream market.
Gain in-depth analysis and forecasts for the key segments of the Asia Pacific ice cream market: type, product type, ingredient, distribution channel and country.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Asia Pacific ice cream market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Asia Pacific ice cream market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Asia Pacific Ice Cream Market – Type Analysis
Asia Pacific Ice Cream Market – Product Type Analysis
Asia Pacific Ice Cream Market – Ingredient Analysis
Asia Pacific Ice Cream Market – Distribution Channel Analysis
Asia Pacific Ice Cream Market – Country Analysis
Key Players and Market Share
– Vazira Biznes LLC
– Vadilal Industries Ltd.
– Unilever PLC
– Thai Beverage Public Company Limited
– Siping Hongbaolai Beverage Co., Ltd.
– Shin-Line LLP
– Shenyang Deshi Enterprise Group Co., Ltd.
– RJ Corporation
– PT Glico Indonesia
…
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Asia Pacific Ice Cream Market 2019-2029
Chart Asia Pacific Ice Cream Market, Net Growth, 2019-2029
Chart Asia Pacific Ice Cream Market, Growth Rates, 2019-2029
Table Asia Pacific Ice Cream Market by Type, 2019-2029
Chart Asia Pacific Ice Cream Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Ice Cream Market by Type, 2019-2029
Table Asia Pacific Ice Cream Market by Product Type, 2019-2029
Chart Asia Pacific Ice Cream Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Ice Cream Market by Product Type, 2019-2029
Table Asia Pacific Ice Cream Market by Ingredient, 2019-2029
Chart Asia Pacific Ice Cream Market by Ingredient, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Ice Cream Market by Ingredient, 2019-2029
Table Asia Pacific Ice Cream Market by Distribution Channel, 2019-2029
Chart Asia Pacific Ice Cream Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Ice Cream Market by Distribution Channel, 2019-2029
Table Asia Pacific Ice Cream Market by Country, 2019-2029
Chart Asia Pacific Ice Cream Market by Country, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Ice Cream Market by Country, 2019-2029
Table Asia Pacific Ice Cream Market Share (%), by Companies, 2019-2023
Chart Asia Pacific Ice Cream Market, by Companies, 2023
Table Asia Pacific Ice Cream Market Share (%), by Brands, 2019-2023
Chart Asia Pacific Ice Cream Market, by Brands, 2023
Table Asia Pacific – Population (Millions) and Forecast
Table Asia Pacific – Consumer Price Index (CPI) and Forecast
Table Asia Pacific – Gross Domestic Product and Forecast
Table Asia Pacific Ice Cream Market: Spend as a Proportion of GDP (%)
Table Asia Pacific Ice Cream Market: Consumption per Capita (Population)

Companies Mentioned

Vazira Biznes LLC
Vadilal Industries Ltd.
Unilever PLC
Thai Beverage Public Company Limited
Siping Hongbaolai Beverage Co., Ltd.
Shin-Line LLP
Shenyang Deshi Enterprise Group Co., Ltd.
RJ Corporation
PT Glico Indonesia
PT Diamond Cold Storage
PT Campina Ice Cream Industry, Tbk.
Ohayo Dairy Products Co., Ltd.
Nestle S.A.
National Dairy Development Board (NDDB)
Namchow Holdings Co., Ltd.
Morinaga Milk Industry Co., Ltd.
Morinaga & Company, Ltd.
Meiji Holdings Co., Ltd.
Mars, Incorporated
Lotte Corporation
LLC JV Singapore-Samarkand
Kracie Holdings Ltd.
KIDO Corporation
Inner Mongolia Yili Industrial Group Co., Ltd.
Imkon Plus MChJ
Henan Tianbing Cold Drinks Co., Ltd.
Hatsun Agro Product Ltd.
Hangzhou Wufeng Frozen Foods Co., Ltd.
Gujarat Co-operative Milk Marketing Federation Limited (GCMMF)
Guangzhou Yuexiu Holding Limited
Guangdong Meiyile Food Co., Ltd.
General Mills, Inc.
Froneri International Limited
Ezaki Glico Co., Ltd.
Engro Corporation Limited
Dhaka Ice Cream Industries Limited
Dairy Classic Ice Creams Pvt. Ltd.
China Mengniu Dairy Company Limited
Chicecream Food (Shanghai) Co., Ltd.
Ceylon Cold Stores PLC