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Ice-Cream Market is estimated to register 4.4% CAGR during 2022-2028

Ice-cream is a frozen-food, sweet in flavor and is consumed as a dessert all over the globe. Ice-cream comes in variety of flavors in which fruits, nuts and other ingredients can be added to enhance the nutritional value and organoleptic property of the product. It is stored in the freezing- temperature and contains mild preservatives. Ice-cream is considered as a dairy product as milk remains the key ingredient of the product. In today’s scenario, ice-cream as a specialty diet is becoming popular amongst the consumers.

Due to the COVID-19 pandemic, the global Ice-Cream market size is estimated to be worth US$ 66580 million in 2021 and is forecast to a readjusted size of US$ 90160 million by 2028 with a CAGR of 4.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Ice-Cream market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Ice-Cream landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.

Improving economic conditions, population growth of various countries of the regions is the major driver for the growth of ice-cream market. The increased demand for frozen desserts in the developed countries is supporting the sale of ice-creams in those regions. The developing technologies have helped in enhancing and innovating new flavors in the ice-creams which has also helped in fueling up the market share of the product. Overall, the popularity of ice-cream is raising based on the above factors.

This report focuses on Ice-Cream volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Ice-Cream market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.

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The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Sticks
  • Buckets
  • Sundae
  • Cones
  • Others

Segment by Application

  • Hypermarket and Supermarket
  • Convenience Stores
  • Retailers
  • Specialty Stores
  • Others

By Company

  • Blue Bell Creameries
  • Nestlé
  • Unilever
  • General Mills
  • Mars
  • Amul
  • Lotte Confectionery
  • Amy’s Ice Creams

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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