Myanmar Ice Cream Market 2024

Description

The ice cream in Myanmar market size is projected to grow by USD 37.3 million from 2024 to 2029, registering a CAGR of 8.2 percent, according to the latest market data. The rise in disposable income has enabled more consumers to afford ice cream products, particularly driving demand within the expanding middle class. Manufacturers have responded by introducing innovative flavors and healthier options, such as low-fat and dairy-free ice creams, to cater to a diverse consumer base. These innovations attract health-conscious consumers who might otherwise avoid traditional ice cream products. Additionally, ice cream brands have significantly increased product visibility and consumer interest through aggressive marketing and promotional activities. Seasonal promotions, product sampling events, and attractive packaging play crucial roles in capturing consumer attention.

This report provides a thorough assessment of the Myanmar ice cream industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like type, product type, ingredient, and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the ice cream industry.

Market Segmentation

The ice cream market in Myanmar is categorized into the following segments:
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

The Myanmar ice cream market is segmented on the basis of type, product type, ingredient, and distribution channel. On the basis of type, the ice cream market in Myanmar has been segmented into dairy ice cream, water ice cream, and others (plant based ice cream). By product type, the ice cream market in Myanmar has been segmented into impulse ice creams, take home ice creams, frozen yogurt, and others. Based on ingredient, the ice cream market in Myanmar is categorized into fats and oils, milk, sweeteners, and others. On the basis of distribution channel, the ice cream market in Myanmar has been segmented into foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others.

Competitive Landscape

The ice cream market is dominated by key players, which are Thai Beverage Public Company Limited (ThaiBev), Polar Ice Cream Sdn. Bhd., Htoo Ice Cream Co.

This report provides a comprehensive analysis of the key players in the Myanmar ice cream market, along with their performance from 2019 to 2023. By utilizing this data, businesses can gain a deeper understanding of market dynamics, including shifts in market share, the identification of leading players, and the rise of emerging companies. This information equips firms with a strategic advantage in a competitive landscape, enabling them to refine their market strategies and make informed, long-term decisions.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Myanmar ice cream market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Myanmar ice cream market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Myanmar 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 overviewMyanmar ice cream market – type analysis
Myanmar ice cream market – product type analysis
Myanmar ice cream market – ingredient analysis
Myanmar ice cream market – distribution channel analysis
Key players and market share
– Thai Beverage Public Company Limited (ThaiBev)
– Polar Ice Cream Sdn. Bhd.
– Htoo Ice Cream Co.
Macroeconomic data and forecast
Disclaimer

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