North Macedonia Ice Cream Market 2024


Market Overview

According to the latest estimates, the ice cream market in North Macedonia is set to achieve an incremental growth of USD 11.6 million, accelerating at a CAGR of almost 3% during the forecast period 2024-2029. Rising per capita income has led to higher consumer expenditure on non-essential products like ice cream. Stable economic conditions promote discretionary spending. Additionally, ice cream brands have substantially increased product visibility and consumer engagement through strategic marketing and promotional activities. Leading brands allocate significant budgets to marketing campaigns, incorporating digital marketing, influencer partnerships, and community involvement initiatives, effectively targeting younger demographics.

The report provides a comprehensive overview of the North Macedonia ice cream industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as type, product type, ingredient, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the ice cream industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the ice cream industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.


Market Segmentation

The ice cream market in North Macedonia is segmented as below:
Type: dairy ice cream, water ice cream, and others (plant based ice cream)
Product type: impulse ice creams, take home ice creams, frozen yogurt, and others
Ingredient: fats and oils, milk, sweeteners, and others
Distribution channel: foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others

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


Competitive Landscape

The North Macedonia ice cream market is highly competitive. As of 2023, the major players in the North Macedonia ice cream market were Unilever PLC, Nomad Foods Limited, Nestle S.A., Mars Incorporated, Kri-Kri Milk Industry S.A., Fortenova Grupa d.d., Cermat d.o.o.

The report is an indispensable tool for companies and organizations operating in the ice cream industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the ice cream market.


Why Buy This Report?

Provide statistical data or estimations for the North Macedonia ice cream market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the ice cream market in North Macedonia
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the ice cream market in North Macedonia looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities


Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. North Macedonia Ice Cream Market – Type Analysis
3.1 Dairy ice cream
3.2 Water ice cream
3.3 Others (plant based ice cream)
4. North Macedonia Ice Cream Market – Product Type Analysis
4.1 Impulse ice creams
4.2 Take home ice creams
4.3 Frozen yogurt
4.4 Others
5. North Macedonia Ice Cream Market – Ingredient Analysis
5.1 Fats and oils
5.2 Milk
5.3 Sweeteners
5.4 Others
6. North Macedonia Ice Cream Market – Distribution Channel Analysis
6.1 Foodservice channels
6.2 Convenience and forecourt stores
6.3 Supermarkets and hypermarkets
6.4 Small grocery stores
6.5 E-commerce
6.6 Others
7. Company Profiles
7.1 Unilever PLC
7.2 Nomad Foods Limited
7.3 Nestle S.A.
7.4 Mars, Incorporated
7.5 Kri-Kri Milk Industry S.A.
7.6 Fortenova Grupa d.d.
7.7 Cermat d.o.o.
DISCLAIMER


Companies Mentioned

Unilever PLC
Nomad Foods Limited
Nestle S.A.
Mars, Incorporated
Kri-Kri Milk Industry S.A.
Fortenova Grupa d.d.
Cermat d.o.o.


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