Market Overview

According to the latest estimates, the global ice cream market is set to achieve an incremental growth of USD 36.0 billion, accelerating at a CAGR of almost 5.5% during the forecast period 2024-2029. Consumer demand for indulgent desserts and treats, coupled with evolving dietary habits, is a significant driver behind the global ice cream market’s growth trajectory. This trend encompasses a preference for premium, artisanal, and health-conscious ice cream options.

Ice cream manufacturers are proactively engaged in a cycle of continuous innovation to meet the dynamic demands of consumers. Their efforts manifest through the introduction of an array of new flavors, formats, and ingredients, tailored to cater to the diverse tastes and preferences of the market. This innovation extends to the development of healthier alternatives, including low-sugar, low-fat, and dairy-free options, as well as the incorporation of novel flavors and textures.

Furthermore, the pervasive awareness of health and wellness among consumers has catalyzed a shift towards ice cream products perceived as more conducive to well-being. Consequently, there’s an escalating demand for ice cream offerings featuring functional ingredients, natural or organic components, and reduced calorie or sugar profiles. This consumer-driven push towards healthier ice cream choices is reshaping the landscape of the industry, prompting manufacturers to pivot towards more health-conscious formulations.

The report provides a comprehensive overview of the Global ice cream industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as type, product type, ingredient, distribution channel, and region. By examining these aspects, the report offers valuable insights into the potential of the ice cream industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the ice cream industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.

Market Segmentation

The ice cream market is segmented as below:
Type: dairy ice cream, water ice cream, and others (plant based ice cream)
Product type: impulse ice creams, take home ice creams, frozen yogurt, and others
Ingredient: fats and oils, milk, sweeteners, and others
Distribution channel: foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others
Region: Asia Pacific, Europe, Latin America, Middle East and Africa, and North America

The global ice cream market is segmented on the basis of type, product type, ingredient, distribution channel, and region. On the basis of type, the global ice cream market has been segmented into dairy ice cream, water ice cream, and others (plant based ice cream). By product type, the global ice cream market has been segmented into impulse ice creams, take home ice creams, frozen yogurt, and others. Based on ingredient, the global ice cream market is categorized into fats and oils, milk, sweeteners, and others. On the basis of distribution channel, the global ice cream market has been segmented into foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others. In terms of geographical distribution, the global ice cream market has been divided into Asia Pacific, Europe, Latin America, Middle East and Africa, and North America.

Competitive Landscape

The global ice cream market is highly competitive. Some of the leading companies operating in the market are China Mengniu Dairy Company Limited, Danone S.A., Dean Foods Co., Ezaki Glico Co. Ltd., Ferrero International S.A., Food Union Group, Froneri International Limited, General Mills Inc., GoTo Foods LLC, Grupo Nutresa S.A., Gujarat Co-operative Milk Marketing Federation Limited (GCMMF), IFFCO Group, Inner Mongolia Yili Industrial Group Co. Ltd., Lotte Corporation, Mars Incorporated, Meiji Holdings Co. Ltd., Mondelez International Inc., Morinaga & Company Ltd., Morinaga Milk Industry Co. Ltd., NATURA GIDA SAN. ve TIC. A.S., Nestle S.A., Prima Glaces Sarl , RENNA Group of Companies, Russky Kholod OAO, SAMMONTANA S.p.A., TD Iceberry LLC, Tillamook County Creamery Association (TCCA), Turkey Hill Dairy (Peak Rock Capital LLC), Unilever PLC, Yasso Holdings Inc. (Unilever PLC).

The report is an indispensable tool for companies and organizations operating in the ice cream industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the ice cream market.

Why Buy This Report?

Provide statistical data or estimations for the global ice cream market
Gain a comprehensive understanding of the ice cream market
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the global ice cream market looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities

Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Global Ice Cream Market – Type Analysis
3.1 Dairy ice cream
3.2 Water ice cream
3.3 Others (plant based ice cream)
4. Global Ice Cream Market – Product Type Analysis
4.1 Impulse ice creams
4.2 Take home ice creams
4.3 Frozen yogurt
4.4 Others
5. Global Ice Cream Market – Ingredient Analysis
5.1 Fats and oils
5.2 Milk
5.3 Sweeteners
5.4 Others
6. Global Ice Cream Market – Distribution Channel Analysis
6.1 Foodservice channels
6.2 Convenience and forecourt stores
6.3 Supermarkets and hypermarkets
6.4 Small grocery stores
6.5 E-commerce
6.6 Others
7. Global Ice Cream Market – Region Analysis
7.1 Asia Pacific
7.2 Europe
7.3 Latin America
7.4 Middle East and Africa
7.5 North America
8. Company Profiles
8.1 China Mengniu Dairy Company Limited
8.2 Danone S.A.
8.3 Dean Foods Co.
8.4 Ezaki Glico Co., Ltd.
8.5 Ferrero International S.A.
8.6 Food Union Group
8.7 Froneri International Limited
8.8 General Mills, Inc.
8.9 GoTo Foods LLC
8.10 Grupo Nutresa S.A.
8.11 Gujarat Co-operative Milk Marketing Federation Limited (GCMMF)
8.12 IFFCO Group
8.13 Inner Mongolia Yili Industrial Group Co., Ltd.
8.14 Lotte Corporation
8.15 Mars, Incorporated
8.16 Meiji Holdings Co., Ltd.
8.17 Mondelez International Inc.
8.18 Morinaga & Company, Ltd.
8.19 Morinaga Milk Industry Co., Ltd.
8.20 NATURA GIDA SAN. ve TIC. A.S.
8.21 Nestle S.A.
8.22 Prima Glaces, Sarl
8.23 RENNA Group of Companies
8.24 Russky Kholod OAO
8.25 SAMMONTANA S.p.A.
8.26 TD Iceberry LLC
8.27 Tillamook County Creamery Association (TCCA)
8.28 Turkey Hill Dairy (Peak Rock Capital LLC)
8.29 Unilever PLC
8.30 Yasso Holdings, Inc. (Unilever PLC)
DISCLAIMER

Companies Mentioned

China Mengniu Dairy Company Limited
Danone S.A.
Dean Foods Co.
Ezaki Glico Co., Ltd.
Ferrero International S.A.
Food Union Group
Froneri International Limited
General Mills, Inc.
GoTo Foods LLC
Grupo Nutresa S.A.
Gujarat Co-operative Milk Marketing Federation Limited (GCMMF)
IFFCO Group
Inner Mongolia Yili Industrial Group Co., Ltd.
Lotte Corporation
Mars, Incorporated
Meiji Holdings Co., Ltd.
Mondelez International Inc.
Morinaga & Company, Ltd.
Morinaga Milk Industry Co., Ltd.
NATURA GIDA SAN. ve TIC. A.S.
Nestle S.A.
Prima Glaces, Sarl
RENNA Group of Companies
Russky Kholod OAO
SAMMONTANA S.p.A.
TD Iceberry LLC
Tillamook County Creamery Association (TCCA)
Turkey Hill Dairy (Peak Rock Capital LLC)
Unilever PLC
Yasso Holdings, Inc. (Unilever PLC)