Ice Cream Market Research Report 2022-2027: Industry Demand, Growth Factors, Regional Outlook, Leading Companies Share, and Forecast

September 26 17:48 2022
Ice Cream Market Research Report 2022-2027: Industry Demand, Growth Factors, Regional Outlook, Leading Companies Share, and Forecast
Ice Cream Industry Size
Significant growth in the food and beverage sector is driving the global ice cream market.

Industry Outlook:

According to the latest report by IMARC Group, titled “Ice Cream Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global ice cream industry size reached a value of US$ 68.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 89.8 Billion by 2027, exhibiting at a CAGR of 4.92% during 2022-2027.  Ice cream is a sweet and frozen dessert prepared from a combination of cream, milk and artificial or natural flavorings. Additionally, it contains stabilizers, such as plant-based gums, gluten and milk proteins, including casein and whey, that absorb the water content and generate micelles that improve the overall consistency. It is a well-balanced, wholesome, easily digestible and delicious food, which is also consumed as a meal component. It is a rich source of various nutrients, such as calcium, carbohydrates, phosphorous, niacin, riboflavin, thiamine, and vitamins A, C, D, K, E, and B-6. Some of the popular ice-cream variants available worldwide include vanilla, chocolate, butterscotch, strawberry and butter-pecan.

Market Growth:

Significant growth in the food and beverage sector is driving the global market. Moreover, several leading players are heavily spending on business expansion across developing countries in an attempt to strengthen their market position, this is creating a positive market outlook. In line with this, the launching of multi-layer flexible containers for ice-cream packaging in order to retain freshness for a longer duration, coupled with the introduction of premium-quality ice creams, is impacting the market growth favorably. Additionally, continuous improvements in the obsolete chain infrastructure, such as temperature-controlled storage areas, procurement of trained operational personnel and the widespread implementation of effective management practices, are promoting the market growth.

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Furthermore, continuous developments in organized distribution channels, including hypermarkets and convenience stores, along with the emerging e-commerce sector, are positively influencing the market growth. Moreover, major companies are introducing preservative-, lactose-, genetically modified organism (GMO)-, dairy- and fat-free, and organically made ice-cream variants, is gaining widespread prominence among the masses. Other factors, including continual technological advancements in the food and beverage industry, extensive research and development (R&D) activities conducted by key players to enhance nutritional quality and the advent of home delivery models, are further driving the market growth.

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Key Players Included in  Global Ice Cream Market Report::

  • Unilever
  • Nestle
  • Inner Mongolia Yili Industrial Group
  • General Mills

Also, Read Full blog Top 
Ice Cream Manufacturers in Wolrd

Key Market Segmentation:

Breakup by Flavor:

  • Vanilla
  • Chocolate
  • Fruit
  • Others

Breakup by Category:

  • Impulse
  • Take-Home
  • Artisanal

Breakup by Product:

  • Cup
  • Stick
  • Cone
  • Brick
  • Tub
  • Others

Breakup by Distribution Channel:

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Ice Cream Parlors
  • Online Stores
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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