Report Description

The global ice cream market is anticipated to project robust growth in the forecast period, 2022-2027, with a CAGR of 6.47% on account of increasing population, economic development, and rising purchasing power of consumers. Ice cream is mainly popular throughout the summer months, and it also contains a variety of nutrients, including minerals and vitamins. Ice cream is not only nutritious, but it is also a tremendous source of energy. Ice cream contains carbohydrates, lipids, and proteins, all of which are required by the human body to produce energy. Ice cream is enjoyed by individuals of all ages. Moreover, manufacturers are developing new innovations to offer reduced sugar or sugar-free ice cream, which will aid the industry's growth during the projected period. The demand for indulgent products such as ice cream and frozen desserts have been consistent, optimistic future expectations. Ice cream consumption is on the rise, particularly among young individuals looking for a refreshing treat.

Ice cream demand is expected to expand throughout the forecast period due to an increase in population, as ice cream is served as a dessert or sweet dish in families and during social events or celebrations. Also, due to the increased availability of dairy-free and vegan ice cream, vendors have launched items aimed towards consumers who follow vegan or dairy-free diets. In the global ice cream market, famous ice cream brands such as Ben & Jerry's and Breyer's offer almond, soy, or coconut ice cream flavors. Additionally, with rising demand for healthy foods, the ice cream market is predicted to expand rapidly during the forecast period. Furthermore, global ice cream market players are introducing appealing product packaging, new branding activities, promotional events, and marketing tactics in order to target children, who comprise the majority of end-users, and hence supporting the worldwide ice cream market's growth.

Furthermore, the consumer preferences are inclining towards sustainability; therefore, global ice cream market players are opting for sustainable methods, which are anticipated to enhance their consumer base further.

Increasing Demand for Convenience Foods Boosting the Market Growth

Consumer spending on fast food is expanding considerably. Owing to busy lifestyles, time constraints, and other factors, the demand for convenience food is increasing significantly. These items are ready to consume, which is a major reason for their growing popularity. Snack trends are shifting as well, with consumers increasingly looking for snacks that are not only convenient but also combine other purposes such as high protein and better eating. Such factors are intended to help the ice cream sector even more.

Growing Premiumization of Ice Cream Aiding the Market Growth

Premium ice creams have become a popular product among health-conscious consumers due to the presence of high-quality ingredients and less aeration than standard ice creams. Consumers are shifting their preferences due to the additional health benefits provided by these products, such as calcium, thiamine, niacin, riboflavin, folate, and vitamins such as A, C, D, E, K, B-6, and so on, which aid in bone strength, energy, lowering blood pressure, stimulating brain functions, repairing muscle tissue, and so on. Furthermore, companies are also introducing new goods with these properties. This is expected to drive the demand for ice creams across the globe during the forecast period.

Rising Health Consciousness Among Consumers Fueling the Market Growth

A growing percentage of millennials and Generation Z are becoming health-conscious and gravitating toward better dietary options. The key reason for this rising demand for ice cream is that it contains minerals such as calcium and phosphorus. Calcium is a vital mineral for the human body since it helps to maintain healthy bones and decreases the probability of kidney stones. Ice cream increases the production of thrombotonin, a pleasure hormone that aids in the reduction of stress levels in the body. Ice cream is manufactured from milk, which includes L-tryptophan, a sedative that aids in nervous system relaxation. It also helps to alleviate the symptoms of sleeplessness.


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Market Segmentation

The global ice cream market is segmented based on category, product type, distribution channel, region, and competitional landscape. Based on category, the global ice cream market is further fragmented into take-home ice cream, impulse ice cream, and artisan ice cream. On the basis of product type, the market is further fragmented into brick, tub, cup, cone, stick, and others (Ice cream sandwiches and jellies). Based on distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, specialty stores, online, and others (push carts, etc.) The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Company Profiles

Unilever PLC, Inspire Brands, Inc., Kahala Franchising, L.L.C., Lotte Corporation, Dairy Farmers of America, Inc., Gujarat Cooperative Milk Marketing Federation, International Dairy Queen Inc., Blue Bell Creameries, L.P., General Mills Inc., Nestlé SA, etc. are among the major market players in the global platform that lead the market growth of the global ice cream market.         

Attribute

Details

Market Size Value in 2021

USD113.82 Billion

Revenue Forecast in 2027

USD165.04 Billion

Growth Rate

6.47%

Base Year

2021

Historical Years

2017 – 2021

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Billion and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Category

·         Product Type

·         Distribution Channel

·         Region

·         Company

Regional Scope

North America, Europe, Asia-Pacific, South America, and Middle East & Africa

Key Companies Profiled

Unilever PLC, Inspire Brands, Inc., Kahala Franchising, L.L.C., Lotte Corporation, Dairy Farmers of America, Inc., Gujarat Cooperative Milk Marketing Federation, International Dairy Queen Inc., Blue Bell Creameries, L.P., General Mills Inc., Nestlé SA, etc.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, global ice cream market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Global Ice Cream Market, By Category:
    • Take-Home Ice Cream
    • Impulse Ice Cream
    • Artisan Ice Cream
  • Global Ice Cream Market, By Product Type:
    • Brick
    • Tub
    • Cup
    • Cone
    • Stick
    • Others
  • Global Ice Cream Market, By Distribution Channel:
    • Supermarkets/Hypermarkets
    • Convenience stores
    • Specialty stores
    • Online
    • Others
  • Global Ice Cream Market, By Region:
    • North America
    • Asia-Pacific
    • Europe
    • South America
    • Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global ice cream market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Ice Cream Market

5.    Voice of Customer

5.1.  Factors Influencing Purchase Decisions

5.2.  Brand Awareness

5.3.  Challenges Faced Post Purchase

5.4.  Preferred Distribution Channel

6.    Global Ice Cream Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Category (Take-home Ice cream, Impulse Ice cream, and Artisan Ice cream)

6.2.2.     By Product Type (Brick, Tub, Cup, Cone, Stick, and Others (Ice Cream Sandwiches and Jellies))

6.2.3.    By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online, and Others (Push Carts, etc.))

6.2.4.     By Region (North America, Asia-Pacific, Europe, South America, and Middle East & Africa)

6.2.5.     By Company (2021)

6.3.  Market Map (By Category, By Region)

7.    North America Ice Cream Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Category

7.2.2.    By Product Type

7.2.3.    By Distribution Channel

7.2.4.    By Country

7.3.  North America: Country Analysis

7.3.1.    United States Ice Cream Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Category

7.3.1.2.2.           By Product type

7.3.1.2.3.           By Distribution Channel

7.3.2.    Canada Ice Cream Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Category

7.3.2.2.2.           By Product type

7.3.2.2.3.           By Distribution Channel

7.3.3.    Mexico Ice Cream Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Category

7.3.3.2.2.           By Product type

7.3.3.2.3.           By Distribution Channel

8.    Asia-Pacific Ice Cream Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Category

8.2.2.    By Product Type

8.2.3.    By Distribution Channel

8.2.4.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Ice Cream Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Category

8.3.1.2.2.           By Product type

8.3.1.2.3.           By Distribution Channel

8.3.2.    Japan Ice Cream Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Category

8.3.2.2.2.           By Product type

8.3.2.2.3.           By Distribution Channel

8.3.3.    India Ice Cream Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Category

8.3.3.2.2.           By Product type

8.3.3.2.3.           By Distribution Channel

8.3.4.    South Korea Ice Cream Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Category

8.3.4.2.2.           By Product type

8.3.4.2.3.           By Distribution Channel

8.3.5.    Australia Ice Cream Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Category

8.3.5.2.2.           By Product type

8.3.5.2.3.           By Distribution Channel

8.3.5.2.4.            

9.    Europe Ice Cream Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Category

9.2.2.    By Product Type

9.2.3.    By Distribution Channel

9.2.4.    By Country

9.3.  Europe: Country Analysis

9.3.1.    United Kingdom Ice Cream Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Category

9.3.1.2.2.           By Product type

9.3.1.2.3.           By Distribution Channel

9.3.2.    France Ice Cream Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Category

9.3.2.2.2.           By Product type

9.3.2.2.3.           By Distribution Channel

9.3.3.    Italy Ice Cream Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Category

9.3.3.2.2.           By Product type

9.3.3.2.3.           By Distribution Channel

9.3.4.    Germany Ice Cream Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Category

9.3.4.2.2.           By Product type

9.3.4.2.3.           By Distribution Channel

9.3.5.    Spain Ice Cream Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Value

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Category

9.3.5.2.2.           By Product type

9.3.5.2.3.           By Distribution Channel

10. South America Ice Cream Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Category

10.2.2. By Product Type

10.2.3. By Distribution Channel

10.2.4. By Country

10.3.             South America: Country Analysis

10.3.1. Brazil Ice Cream Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Category

10.3.1.2.2.         By Product type

10.3.1.2.3.         By Distribution Channel

10.3.2. Argentina Ice Cream Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Category

10.3.2.2.2.         By Product type

10.3.2.2.3.         By Distribution Channel

10.3.3. Colombia Ice Cream Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Category

10.3.3.2.2.         By Product type

10.3.3.2.3.         By Distribution Channel

11. Middle East and Africa Ice Cream Market Outlook

11.1.             Market Size & Forecast

11.1.1. By Value

11.2.             Market Share & Forecast

11.2.1. By Category

11.2.2. By Product Type

11.2.3. By Distribution Channel

11.2.4. By Country

11.3.             Middle East and Africa: Country Analysis

11.3.1. South Africa Ice Cream Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Category

11.3.1.2.2.         By Product type

11.3.1.2.3.         By Distribution Channel

11.3.2. Saudi Arabia Ice Cream Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Category

11.3.2.2.2.         By Product type

11.3.2.2.3.         By Distribution Channel

11.3.3. UAE Ice Cream Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Category

11.3.3.2.2.         By Product type

11.3.4.                By Distribution Channel

12.  Market Dynamics

12.1. Drivers

12.2. Challenges

13.  Market Trends and Developments

14.  India Economic Profile

15.  Competitive Landscape

15.1.             Unilever PLC

15.2.             Inspire Brands, Inc.

15.3.             Kahala Franchising, L.L.C.

15.4.             Lotte Corporation

15.5.             Dairy Farmers of America, Inc.

15.6.             Gujarat Cooperative Milk Marketing Federation

15.7.             International Dairy Queen Inc.

15.8.             Blue Bell Creameries, L.P.

15.9.             General Mills Inc.

15.10.          Nestlé SA

16. Strategic Recommendations

Figures and Tables

Figure 1: Global Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 2: Global Population (Billion), 2015-2020

Figure 3: Global Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 4: Global Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 5: Global Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 6: Global Ice Cream Market Share, By Region, By Value, 2017-2027F

Figure 7: Global Ice Cream Market Share, By Company, By Value, 2021

Figure 8: Global Ice Cream Market Map, By Category, Market Size (USD Billion) & Growth Rate (%), 2021           

Figure 9: Global Ice Cream Market Map, By Region, Market Size (USD Billion) & Growth Rate (%), 2021

Figure 10: North America Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 11: North America Country-wise Population (Million), 2020

Figure 12: North America Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 13: North America Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 14: North America Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 15: North America Ice Cream Market Share, By Country, By Value, 2017-2027F

Figure 16: United States Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 17: United States GDP at Current Price (USD Billion), 2015-2020            

Figure 18: United States Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 19: United States Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 20: United States Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 21: Canada Ice Cream Market Size, By Value (USD Billion), 2017-2027F           

Figure 22: Canada GDP at Current Price (USD Billion), 2015-2020

Figure 23: Canada Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 24: Canada Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 25: Canada Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 26: Mexico Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 27: Mexico GDP at Current Price (USD Billion), 2015-2020

Figure 28: Mexico Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 29: Mexico Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 30: Mexico Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F   

Figure 31: Asia-Pacific Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 32: Asia-Pacific Country-wise Population (Million), 2020

Figure 33: Asia-Pacific Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 34: Asia-Pacific Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 35: Asia-Pacific Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 36: Asia-Pacific Ice Cream Market Share, By Country, By Value, 2017-2027F

Figure 37: China Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 38: China GDP at Current Price (USD Billion), 2015-2020

Figure 39: China Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 40: China Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 41: China Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 42: Japan Ice Cream Market Size, By Value (USD Billion), 2017-2027F  

Figure 43: Japan GDP at Current Price (USD Billion), 2015-2019

Figure 44: Japan Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 45: Japan Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 46: Japan Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F    

Figure 47: India Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 48: India GDP at Current Price (USD Billion), 2015-2020

Figure 49: India Ice Cream Market Share, By Category, By Value, 2017-2027F 

Figure 50: India Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 51: India Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 52: South Korea Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 53: South Korea GDP at Current Price (USD Billion), 2015-2020

Figure 54: South Korea Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 55: South Korea Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 56: South Korea Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 57: Australia Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 58: Australia GDP at Current Price (USD Billion), 2015-2020

Figure 59: Australia Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 60: Australia Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 61: Australia Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 62: Europe Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 63: Europe Country-wise Population (Million), 2020

Figure 64: Europe Ice Cream Market Share, By Category, By Value, 2017-2027F         

Figure 65: Europe Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 66: Europe Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 67: Europe Ice Cream Market Share, By Country, By Value, 2017-2027F

Figure 68: United Kingdom Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 69: United Kingdom GDP at Current Price (USD Billion), 2015-2020

Figure 70: United Kingdom Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 71: United Kingdom Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 72: United Kingdom Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 73: France Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 74: France GDP at Current Price (USD Billion), 2015-2020

Figure 75: France Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 76: France Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 77: France Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 78: Italy Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 79: Italy GDP at Current Price (USD Billion), 2015-2020

Figure 80: Italy Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 81: Italy Ice Cream Market Share, By Product Type, By Value, 2017-2027F       

Figure 82: Italy Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 83: Germany Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 84: Germany GDP at Current Price (USD Billion), 2015-2020

Figure 85: Germany Ice Cream Market Share, By Category, By Value, 2017-2027F      

Figure 86: Germany Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 87: Germany Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 88: Spain Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 89: Spain GDP at Current Price (USD Billion), 2015-2020 

Figure 90: Spain Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 91: Spain Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 92: Spain Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 93: South America Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 94: South America Country-wise Population (Million), 2020

Figure 95: South America Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 96: South America Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 97: South America Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 98: South America Ice Cream Market Share, By Country, By Value, 2017-2027F

Figure 99: Brazil Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 100: Brazil GDP at Current Price (USD Billion), 2015-2020

Figure 101: Brazil Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 102: Brazil Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 103: Brazil Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 104: Argentina Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 105: Argentina GDP at Current Price (USD Billion), 2015-2020

Figure 106: Argentina Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 107: Argentina Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 108: Argentina Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 109: Colombia Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 110: Colombia GDP at Current Price (USD Billion), 2015-2020

Figure 111: Colombia Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 112: Colombia Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 113: Colombia Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 114: Middle East & Africa Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 115: Middle East and Africa Country-wise Population (Million), 2020

Figure 116: Middle East & Africa Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 117: Middle East & Africa Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 118: Middle East & Africa Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 119: Middle East & Africa Ice Cream Market Share, By Country, By Value, 2017-2027F

Figure 120: South Africa Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 121: South Africa GDP at Current Price (USD Billion), 2015-2020

Figure 122: South Africa Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 123: South Africa Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 124: South Africa Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 125: Saudi Arabia Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 126: Saudi Arabia GDP at Current Price (USD Billion), 2015-2020

Figure 127: Saudi Arabia Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 128: Saudi Arabia Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 129: Saudi Arabia Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Figure 130: UAE Ice Cream Market Size, By Value (USD Billion), 2017-2027F

Figure 131: UAE GDP at Current Price (USD Billion), 2015-2019

Figure 132: UAE Ice Cream Market Share, By Category, By Value, 2017-2027F

Figure 133: UAE Ice Cream Market Share, By Product Type, By Value, 2017-2027F

Figure 134: UAE Ice Cream Market Share, By Distribution Channel, By Value, 2017-2027F

Frequently asked questions

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The global ice cream market is anticipated to grow at a CAGR of 6.47% in the forecast period due to factors such as growing disposable income of middle-class population, increasing awareness about nutrient content in ice creams and widening product range, etc.

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Artisan ice cream is the fastest growing segment in the global Ice cream market due to changing taste and preferences of consumers. The segment is projected to grow at a CAGR of 7.28% in the forecast period.

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The impact of COVID-19 pandemic situation has led to a decline in demand post lockdown, the store-based distribution channel faced hardship as they were shut down, no social gathering, get together were allowed, people also did not consume ice cream in order to protect themselves from seasonal cold and flu.

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The top 10 players in the global ice cream market are Unilever PLC, Inspire Brands, Inc., Kahala Franchising, L.L.C., Lotte Corporation, Dairy Farmers of America, Inc., Gujarat Cooperative Milk Marketing Federation, International Dairy Queen Inc., Blue Bell Creameries, L.P., General Mills Inc., and Nestlé SA.

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Parvati Sharma

Account Manager BD
Press Release

Ice Cream Market to grow at a CAGR of 6.47% through 2027

Feb, 2022

Increasing new variants and flavors of ice cream with rising disposable income are driving the growth of ice cream market globally.