Global Ice Cream Market Report, Growth Trends And Forecast 2023
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Report Description and Highlights
Report Description
Ice Cream Market Report By Product (Cup, Stick, Cone, Brick, Tub and Others), Flavour (Chocolate, Fruit, Vanilla and Others), Category, Distribution Channel, Region The global ice cream market has witnessed a positive growth over the past several years. The health benefits of ice cream coupled with the increasing demand for handmade and artisanal products have further provided an impetus to the market growth. Market Overview: Ice cream is a rich sweet food made from frozen cream and milk products stirred or churned to a smooth consistency. It represents a popular snack food worldwide and is used to make desserts such as sundaes, ice cream floats, ice cream cakes, milkshakes and even baked goods. Over the years, numerous ice-cream flavours have been created ranging from exotic fruits like mango and pomegranate to unconventional flavours like avocado or basil. A new research report by IMARC Group, titled “Ice cream Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the global ice cream market was worth US$ 53.6 Billion in 2017. The report further anticipates the market to cross US$ 84.3 Billion by 2023, at a projected CAGR of nearly 8% over the forecast period.
Report Description and Highlights
Report Description
Global Ice Cream Market Drivers/Constraints: • • •
The rising demand for artisanal ice cream containing healthy or high-quality ingredients, coupled with the growing sales of products which are low in fat and sugar; free of lactose and gluten; and made with organic ingredients, are also bolstering the market growth worldwide. The growing disposable income of the consumers and rising standards of living, particularly in the developing regions, further stimulates the demand for ice cream. The health concerns associated with ice cream consumption, such as obesity and cardiovascular diseases, can restrain the market growth. Moreover, the perishable nature of ice cream also acts as a major deterrent.
Request for a sample report: https://www.imarcgroup.com/request?type=report&id=712&flag=B Ice Cream Market Segmentation: Market Segmentation by Product Type o o o o
Cup Stick Cone Brick
Market Forecast
Sample Figure: Global: Ice Cream Market Forecast: Volume Trends (in Million Metric Tons), 2018-2023
184.3
191.7
199.3
207.3
2018
2019
2020
2021
215.6
224.2
2022
2023
Market Segmentation
Report Description o Tub o Others
The availability of a large number of ice cream products in different shapes and sizes, such as cups, bars, tubs, sandwiches, sticks, ice lollies and cones, acts as a major driver for the global ice cream market. Market Segmentation by Flavour o o o o
Chocolate Fruit Vanilla Others
Based on flavour, the market is divided into chocolate, fruit, vanilla and others. Market Segmentation by Category o o o o
Impulse Ice Cream Take-Home Ice Cream Artisanal Ice Cream Others
Market Segmentation
Report Description
On the basis of category, Segmented into Impulse Ice Cream, Take-Home Ice Cream and Artisanal Ice Cream . For more information, click here: https://www.imarcgroup.com/ice-cream-market Market Segmentation by Region • • • • •
North America Europe Asia Pacific Latin America Middle East and Africa
On a geographical front, Asia-Pacific enjoys the leading position in the global ice cream market on account of the availability of innovative and healthier products. Increase in the number of ice cream parlours along with the rising disposable income and growing population have also contributed to the market growth in the region. Other major markets include North America, Europe, Latin America, and Middle East and Africa. Market Segmentation by Distribution Channel •
Supermarkets/Hypermarkets
Regional Segmentation
North America
Europ e
Asia- Pacific
Latin America
Middle East and Africa
Market Segmentation
Report Description • • • •
Convenience stores Ice cream Parlours Online Others
Based on distribution channel, the market Segment into Supermarkets/hypermarkets, convenience stores, Ice cream Parlours, online and others. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • • • •
Unilever Nestlé Inner Mongolia Yili Industrial Group General Mills
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Report Description and Highlights
Report Description
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