
Sri Lanka Ice Cream Market 2025
The Sri Lanka ice cream sector is poised for a dynamic growth phase, anticipating an increase of USD 75.3 million and a CAGR of approximately 7.2% from 2025 to 2030. Sri Lanka’s ice cream market is growing, driven by rising disposable incomes and a youthful population seeking affordable indulgences. There is a steady demand for mass-market ice creams, while traditional flavors remain highly popular. Moreover, the expansion of the tourism sector is boosting demand for premium and artisanal ice creams in urban centers and tourist destinations.
This report offers a detailed examination of the Sri Lanka ice cream market, leveraging historical data from 2020 to 2024 and projecting trends through 2030. It evaluates market size, growth trajectories, and key drivers of change, providing a nuanced view of the industry’s development. Through a structured analysis of type, product type, ingredient and distribution channel, the report identifies strategic opportunities and challenges, supporting data-driven decision-making.
Market Segmentation
The Sri Lanka ice cream market is categorized into the following segments:
Type: dairy ice cream, water ice cream
Product type: impulse ice creams, take-home ice creams
Ingredient: fats and oils, milk, sweeteners, others
Distribution channel: supermarkets and hypermarkets, grocery stores, foodservice channels, e-commerce, others
The Sri Lanka ice cream market is categorized by type, product type, ingredient and distribution channel. The categorization of the market by type includes dairy ice cream, and water ice cream. Product type segmentation includes impulse ice creams, and take-home ice creams. Ingredient segments encompass fats and oils, milk, sweeteners, and others. Distribution channel segmentation includes supermarkets and hypermarkets, grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
Major participants in the ice cream market comprise Milco Private Limited, Ceylon Cold Stores PLC and Cargills (Ceylon) PLC. This comprehensive report analyzes the performance of leading companies in the ice cream sector from 2020 to 2024. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Sri Lanka ice cream market.
Gain in-depth analysis and forecasts for the key segments of the Sri Lanka ice cream market: type, product type, ingredient and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Sri Lanka ice cream market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Sri Lanka 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
Market Segmentation
Market Overview
Sri Lanka Ice Cream Market – Type Analysis
Sri Lanka Ice Cream Market – Product Type Analysis
Sri Lanka Ice Cream Market – Ingredient Analysis
Sri Lanka Ice Cream Market – Distribution Channel Analysis
Company Shares Analysis
Milco Private Limited
Ceylon Cold Stores PLC
Cargills (Ceylon) PLC
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Sri Lanka Ice Cream Market 2020-2030
Chart Sri Lanka Ice Cream Market, Net Growth, 2020-2030
Chart Sri Lanka Ice Cream Market, Growth Rates, 2020-2030
Table Sri Lanka Ice Cream Market by Type, 2020-2030
Chart Sri Lanka Ice Cream Market by Type, CAGR Historic and Forecast, 2020-2030
Chart Sri Lanka Ice Cream Market by Type, 2020-2030
Table Sri Lanka Ice Cream Market by Product Type, 2020-2030
Chart Sri Lanka Ice Cream Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Sri Lanka Ice Cream Market by Product Type, 2020-2030
Table Sri Lanka Ice Cream Market by Ingredient, 2020-2030
Chart Sri Lanka Ice Cream Market by Ingredient, CAGR Historic and Forecast, 2020-2030
Chart Sri Lanka Ice Cream Market by Ingredient, 2020-2030
Table Sri Lanka Ice Cream Market by Distribution Channel, 2020-2030
Chart Sri Lanka Ice Cream Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Sri Lanka Ice Cream Market by Distribution Channel, 2020-2030
Table Sri Lanka Ice Cream Market Share (%), by Companies, 2020-2024
Chart Sri Lanka Ice Cream Market, by Companies, 2024
Table Sri Lanka Ice Cream Market Share (%), by Brands, 2020-2024
Chart Sri Lanka Ice Cream Market, by Brands, 2024
Table Sri Lanka – Population (Millions) and Forecast
Table Sri Lanka – Consumer Price Index (CPI) and Forecast
Table Sri Lanka – Gross Domestic Product and Forecast
Table Sri Lanka Ice Cream Market: Spend as a Proportion of GDP (%)
Table Sri Lanka Ice Cream Market: Consumption per Capita (Population)
Companies Mentioned
Milco Private Limited
Ceylon Cold Stores PLC
Cargills (Ceylon) PLC
$500.00
What's Inside?
→ Market Estimates, Forecasts & Historical Data
→ Critical Performance Data and Rankings
→ Emerging Trends, Market Changes
→ PDF Report and Excel Datasheet
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