Ice Cream Parlor Market By Type (Branded/Franchise, Independent), By Product (Traditional Ice Cream, Artisanal Ice Cream), By Region, By Competition Forecast & Opportunities, 2018-2028F

 
Market Overview         

The global ice cream parlor market has valued at USD 12.58 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.3% through 2028. Premium ice cream has gained popularity among consumers as a result of shifting consumer preferences and a rising emphasis on decadent and high-quality desserts. Ice cream is no longer seen as a simple enjoyment but rather as an adaptable dessert that can satisfy many different nutritional needs and preferences. Consumers now have more options than ever because to a rise in demand for low-fat, low-sugar, lactose-free, vegan, and plant-based options in the food business.

Additionally, the introduction of e-commerce and the rise of distribution channels have had a big impact on the market. In addition to removing regional restrictions, the availability of ice cream through online platforms has made it simpler for customers to obtain a wide choice of flavors and brands. The introduction of cutting-edge flavors, formats, and packaging has also been crucial in fostering market expansion. Manufacturers work hard to provide distinctive and alluring flavors, fusing both international and regional influences while experimenting with textures and ingredients. Continuous innovation not only draws in new customers but also inspires current ones to extend their horizons and broaden their preferences. Ice Cream Parlor is primarily used in the food, pharmaceutical, and cosmetic industries. It provides enhanced benefits for skin and hair, which support nourishing and moisturizing the skin. Additionally, it is applied to treat poison ivy, bug bites, dermatitis, and skin rashes. Additionally, it assists in minimizing fine lines and wrinkles and is very successful in treating rough skin.

Key Market Drivers

Evolution of Consumer Preferences

Consumer preferences play a pivotal role in shaping the direction of the ice cream parlor market. The evolving taste preferences of consumers, particularly the demand for new and innovative flavors, have driven ice cream parlors to continuously experiment with their offerings. While traditional flavors remain popular, the rise of artisanal and gourmet flavors, often incorporating unique ingredients and cultural influences, has attracted consumers seeking novel taste experiences.

Customization and Personalization

In an era where personalization is highly valued, the ice cream parlor market has capitalized on this trend. The ability to customize ice cream orders with a plethora of toppings, mix-ins, and flavors aligns with the desire of consumers to tailor their choices to their specific tastes. The interactive experience of creating one's own ice cream concoction enhances customer engagement and fosters a sense of ownership, making each visit to the ice cream parlor a unique and enjoyable event.

Visual and Social Media Appeal

The saying "we eat with our eyes" has never been truer than in the age of social media. Ice cream parlors have leveraged the visual appeal of their products to captivate consumers, turning their offerings into shareable moments. Intricately designed ice cream sundaes, vibrant and colorful creations, and unique serving styles have made their way onto platforms like Instagram and TikTok. This trend has not only garnered attention but has also acted as free advertising, drawing crowds eager to capture and share their experiences online.

Health-Conscious Choices

As health consciousness continues to influence consumer choices, the ice cream parlor market has responded by introducing healthier options. The demand for low-sugar, low-fat, and dairy-free alternatives has led to the development of products that cater to individuals with dietary restrictions or those simply seeking healthier indulgences. The introduction of options made from natural ingredients, organic sources, and plant-based substitutes has widened the market's appeal and accommodated a diverse range of dietary preferences.

Innovative Presentations and Techniques

Ice cream parlors have embraced innovation not only in flavors but also in presentation. Techniques like rolled ice cream, where ice cream is prepared on a cold surface and then rolled into delicate spirals, and liquid nitrogen freezing, which produces a theatrical smoky effect, have added an element of entertainment to the ice cream experience. These innovative presentations not only attract customers seeking novel experiences but also create a memorable spectacle that encourages repeat visits.

Seasonal and Limited-Time Offerings

Ice cream parlors have tapped into the psychology of scarcity by introducing seasonal and limited-time offerings. Capitalizing on the nostalgia and associations with specific seasons or holidays, these offerings create a sense of urgency and excitement among consumers. Limited-time flavors and collaborations with other brands or events often generate buzz, drawing customers to experience these exclusive treats before they disappear, thus driving foot traffic and sales.

Cross-Generational Appeal

Ice cream parlors possess a unique ability to appeal to multiple generations. Childhood nostalgia draws in older generations, while the vibrant and dynamic offerings cater to younger consumers seeking excitement and Instagram-worthy moments. The intergenerational appeal of ice cream parlors as places of shared joy and memories contributes to their sustained popularity.

Online Ordering and Delivery

The technological landscape has impacted how ice cream parlors operate, with the rise of online ordering and delivery services. The convenience of ordering ice cream from the comfort of one's home has expanded the market's reach beyond physical locations. This adaptation to changing consumer behavior, especially during the COVID-19 pandemic, has allowed ice cream parlors to maintain revenue streams and adapt to the demands of a digital age.

Cultural Influences and Globalization

The ice cream parlor market has benefited from cultural exchange and globalization. Influences from around the world have inspired new flavors and concepts, contributing to a diverse range of offerings. Additionally, the proliferation of international cuisines and travel experiences has made consumers more open to trying exotic and unfamiliar flavors, providing ice cream parlors with opportunities to offer unique and exciting products.

Food Tourism and Culinary Exploration

Food tourism has gained momentum, and ice cream parlors have become destinations for culinary exploration. Travelers and locals alike seek out renowned parlors to sample signature creations and regional specialties. Ice cream parlors have become integral to the broader food tourism landscape, offering visitors a taste of local culture and gastronomy.

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Key Market Challenges

Evolving Consumer Preferences

One of the most significant challenges faced by the ice cream parlor market is the constant evolution of consumer preferences. Consumers' tastes and preferences are fluid, driven by trends, health considerations, and cultural influences. Ice cream parlors must constantly adapt their offerings to cater to these changes, which can be a complex task. What's popular today may be passé tomorrow, requiring parlors to strike a balance between traditional favorites and innovative creations.

Health and Dietary Trends:

Health-conscious consumer behaviors and dietary trends pose both opportunities and challenges. While demand for healthier and allergen-friendly options is rising, formulating such products while maintaining the desirable taste and texture of ice cream can be a technical challenge. Additionally, communicating nutritional information accurately and transparently to consumers can be a regulatory and marketing challenge.

Competition and Differentiation

As the ice cream parlor market continues to grow, competition intensifies. Independent parlors must compete not only with other parlors but also with larger chains and even supermarkets offering a wide range of frozen desserts. Standing out in a crowded market requires differentiation through unique flavors, creative presentations, exceptional customer service, and creating an inviting atmosphere.

Seasonal Demand and Footfall

The ice cream parlor market experiences seasonal demand due to weather variations. While summer months witness high footfall, colder seasons can result in reduced customer traffic. This fluctuation in demand can create challenges in maintaining consistent revenue throughout the year. Some parlors have addressed this by introducing warm dessert options or diversifying their menu to include non-ice cream offerings during the colder months.

Digital Transformation and Online Presence

While online ordering and delivery offer new revenue streams, transitioning to digital platforms can be challenging for traditional ice cream parlors. Developing user-friendly online ordering systems, managing delivery logistics, and maintaining consistent product quality during transit are hurdles that require technological adaptation and investment. Additionally, building and maintaining a strong online presence through social media and websites is essential for reaching and engaging customers.

Regulatory Compliance

The foodservice industry is subject to stringent health and safety regulations. Ice cream parlors must adhere to regulations regarding food handling, storage, and hygiene. The complexity of these regulations, which can vary by region, demands continuous training, strict processes, and regular inspections to ensure compliance.

Key Market Trends

Artisanal and Gourmet Flavors

Artisanal and gourmet ice cream flavors have been gaining traction in recent years. Consumers are seeking unique taste experiences, and ice cream parlors are responding by experimenting with creative and unexpected flavor combinations. From floral infusions to savory elements, and from exotic spices to unexpected mix-ins, parlors are pushing the boundaries of traditional flavors, appealing to adventurous palates and capturing the interest of food enthusiasts.

Plant-Based and Dairy-Free Options

The rise of plant-based diets and lactose intolerance awareness has led to a surge in demand for dairy-free and vegan ice cream options. Ice cream parlors are now offering alternatives made from coconut, almond, oat, and other plant-based ingredients. These alternatives aim to replicate the creamy texture and indulgent taste of traditional ice cream while catering to a growing segment of health-conscious and environmentally aware consumers.

Health-Conscious Creations

Consumers are becoming increasingly health-conscious, even when indulging in treats. Ice cream parlors are responding by introducing healthier options that reduce sugar content, feature natural sweeteners, and incorporate nutritious ingredients. This includes fruit-based sorbets, low-sugar varieties, and even ice creams fortified with vitamins and minerals.

Global Flavors and Cultural Fusion

The world is more interconnected than ever, and this is reflected in the ice cream parlor market. Parlors are embracing global flavors and cultural influences, introducing international tastes that resonate with consumers seeking diverse culinary experiences. From matcha green tea to Indian-inspired saffron flavors, this trend allows customers to embark on a culinary journey through their ice cream choices.

Digital Integration and Online Ordering

The digital age has transformed how businesses interact with consumers, and ice cream parlors are no exception. Many parlors are embracing online ordering systems and mobile apps that allow customers to customize their orders, pay in advance, and even have their ice cream delivered to their doorstep. This digital integration enhances convenience and widens the reach of the parlor beyond its physical location.

Functional and Nutrient-Rich Varieties

Consumers are increasingly seeking functional foods that provide nutritional benefits beyond mere indulgence. Ice cream parlors are responding by introducing varieties enriched with protein, probiotics, and other health-boosting ingredients. These functional ice creams aim to align with consumers' wellness goals while still delivering on taste.

Sustainability and Eco-Friendly Practices:

The global focus on sustainability has not spared the ice cream parlor market. Consumers are increasingly conscious of the environmental impact of their choices, leading parlors to adopt eco-friendly practices. This includes using biodegradable or reusable packaging, sourcing local and organic ingredients, and implementing waste reduction strategies.

Novel Presentation and Instagram-Worthy Treats:

The visual appeal of food has become increasingly important in the age of social media. Ice cream parlors are creating visually stunning treats that are Instagram-worthy, encouraging customers to share their experiences online. From intricate sundaes with elaborate toppings to vibrantly colored ice creams, these visually captivating creations become a marketing tool in themselves.

Experiential and Interactive Offerings

Modern consumers crave experiences that go beyond just consumption. Ice cream parlors are capitalizing on this desire by providing interactive and experiential offerings. This might include DIY ice cream stations where customers can mix their own flavors and toppings, or live demonstrations of techniques like liquid nitrogen freezing, where the preparation process becomes part of the experience.

The ice cream parlor market is undergoing a transformation fueled by consumer demands, technological innovation, and societal shifts. The trends outlined above are shaping the market's future and influencing how ice cream parlors create and market their offerings. Successful parlors are those that not only keep up with these trends but also embrace them as opportunities to engage customers, differentiate themselves from competitors, and continue to delight taste buds in new and exciting ways.

Segmental Insights

Type Insights

Based on type category, branded/franchise revenues accounted for the greatest market share in 2022, and it is anticipated that they will continue to rule during the forecast period. Ice cream shops that operate under a brand or franchise are a part of a bigger chain or franchise that has locations for its stores. They typically come with a well-known brand name attached to them, such as Dairy Queen, Baskin-Robbins, Ben & Jerry's, or Cold Stone Creamery. Branded ice cream shops frequently provide same flavors, menu items, and experiences throughout all of their locations. In terms of operations, branding, and marketing, a franchise often receives support and instructions from the parent firm. Branded salons profit from strong customer loyalty and brand recognition. The brand and its products are frequently known to consumers, which may result in higher initial acceptance rates.

They frequently have several sites, including shops in well-known malls, entertainment hubs, and retail centers. This vast distribution increases the likelihood that their products will be adopted by a wider customer base by making them easily accessible. Ice cream shops that are independently owned and operated are stand-alone businesses that are not a part of a bigger franchise or chain. Most of these salons are run and owned locally. They are given more latitude to develop their distinctive tastes, menu items, and atmosphere. Independent parlors could take a more artisanal or gourmet approach to their ice cream selections and frequently concentrate on using high-quality ingredients.

Product Insights

In 2022, the traditional ice cream segment dominated the market. Traditional ice creams have been a favorite frozen treat for years. They are timeless and incredibly popular. Typically, a base of milk, cream, sugar, and flavorings is used to make them. The components are pasteurized, the mixture is churned in an ice cream maker, and then frozen to produce a creamy texture. There are many flavors of traditional ice cream, including vanilla, chocolate, strawberry, and mint chocolate chip. They are renowned for their nostalgic appeal and frequently have a smooth and consistent texture.

For the forecasted period, artisanal ice cream is expected to expand with fastest CAGR. In the market, artisanal ice creams are a more recent trend that emphasizes handiwork, distinctive flavors, and premium ingredients. Using age-old techniques and recipes, trained artisans manufacture artisanal ice creams in smaller batches. They place a strong emphasis on presentation, flavor pairings, originality, and innovation. Natural flavors, fresh fruits, and organic or locally obtained ingredients are frequently found in artisanal ice creams. They might have fewer artificial additives or none at all. Naturals, a renowned artisanal ice cream chain in India, unveiled the Meetha Paan flavor in May 2023 in time for the summer.

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Regional Insights

For the forecasted period, the market in Asia Pacific is expected to rise at a fastest CAGR. High-end ice creams are becoming in demand in the Asia Pacific region. The need for creative ice creams and flavor combinations has increased due to shifting consumer consumption habits and the region's extreme diversity. Additionally, the region has seen the launch of new brands, which has increased rivalry in the sector.

Recent Developments

• In 2023 - Ben & Jerry’s came together with The Entrepreneurial Refugee Network (TERN) to craft a fresh flavor called Sunny Honey Home. This unique blend is specifically designed to raise funds and provide support for the entrepreneurial endeavors of refugees in the UK.
• In 2023 - Baskin-Robbins re-opened its parlor in Bay City, Michigan. The store was closed in December 2022 and was seeking new owners to take over. The re-opened store is witnessing colossal traffic and customer demand ever since.
• In 2022 - Cold Stone Creamery, in collaboration with Reese, launched Reese-inspired ice creams like Reese’s Take 5 peanut butter ice cream and Reese’s Peanut Butter Cup ice cream. The company also launched marshmallow-flavored ice cream.

Key Market Players

• Baskin-Robbins
• D.Q. Corp.
• Cold Stone Creamery (Kahala Franchising, LLC.).
• Ben & Jerry's Homemade, Inc.
• Häagen-Dazs
• Amorino
• Ghirardelli Chocolate Company
• Marble Slab Creamery
• Cream Stone
• Natural Ice Creams

Report Scope:

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

• Ice Cream Parlor Market, By Type:

o   Branded/Franchise

o   Independent

• Ice Cream Parlor Market, By Product:

o   Traditional Ice Cream

o   Artisanal Ice Cream

• Ice Cream Parlor Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Ice Cream Parlor Market.

Available Customizations:

Global Ice Cream Parlor Market report with the given market data, Tech Sci 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).