According to the latest research, the ice cream market in Serbia is poised to grow by USD 91.5 million during 2024-2029, progressing at a CAGR of 5.7% during the forecast period. Economic expansion in the country has led to increased disposable incomes for residents, making ice cream more accessible to a broader consumer base. The middle class, in particular, has shown a significant increase in demand for these desserts. Urbanization has brought more people into cities with advanced retail infrastructure, facilitating easy access to ice cream through supermarkets, convenience stores, and specialty ice cream outlets. Additionally, manufacturers have introduced novel flavors and healthier choices, like low-fat and dairy-free ice creams, to meet the preferences of a diverse consumer market. These products attract health-conscious consumers who might otherwise avoid traditional ice creams.
The report delivers an in-depth analysis of the Serbia ice cream industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like type, product type, ingredient, and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the ice cream market.
Market Segmentation
The following outlines the segmentation of the ice cream market in Serbia:
Type: dairy ice cream, water ice cream, others (plant based ice cream)
Product type: impulse ice creams, take home ice creams, frozen yogurt, others
Ingredient: fats and oils, milk, sweeteners, others
Distribution channel: foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, others
The Serbia ice cream market is segmented on the basis of type, product type, ingredient, and distribution channel. Based on type, the ice cream market in Serbia is categorized into dairy ice cream, water ice cream, and others (plant based ice cream). On the basis of product type, the ice cream market in Serbia has been segmented into impulse ice creams, take home ice creams, frozen yogurt, and others. By ingredient, the ice cream market in Serbia has been segmented into fats and oils, milk, sweeteners, and others. Based upon distribution channel, the ice cream market in Serbia is also categorized into foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, and others.
Competitive Landscape
The ice cream market in Serbia comprises only a handful of players such as Nestle S.A., Fortenova Grupa d.d.
This report delivers an in-depth breakdown of key players within the Serbia ice cream market, outlining their performance from 2019 through 2023. The data reveals significant shifts in market share, highlighting both dominant players and emerging competitors. Armed with this information, businesses can sharpen their competitive edge, adjusting their strategies to navigate a shifting market landscape and positioning themselves for long-term growth.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Serbia ice cream market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Serbia ice cream market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Serbia ice cream market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewSerbia ice cream market – type analysis
Serbia ice cream market – product type analysis
Serbia ice cream market – ingredient analysis
Serbia ice cream market – distribution channel analysis
Key players and market share
– Nestle S.A.
– Fortenova Grupa d.d.
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Serbia ice cream market 2019-2029
Chart Serbia ice cream market, net growth, 2019-2029
Chart Serbia ice cream market, growth rates, 2019-2029
Table Serbia ice cream market by type, 2019-2029
Chart Serbia ice cream market by type, CAGR historic and forecast, 2019-2029
Chart Serbia ice cream market by type, 2019-2029
Table Serbia ice cream market by product type, 2019-2029
Chart Serbia ice cream market by product type, CAGR historic and forecast, 2019-2029
Chart Serbia ice cream market by product type, 2019-2029
Table Serbia ice cream market by ingredient, 2019-2029
Chart Serbia ice cream market by ingredient, CAGR historic and forecast, 2019-2029
Chart Serbia ice cream market by ingredient, 2019-2029
Table Serbia ice cream market by distribution channel, 2019-2029
Chart Serbia ice cream market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Serbia ice cream market by distribution channel, 2019-2029
Table Serbia ice cream market share (%), by companies, 2019-2023
Chart Serbia ice cream market, by companies, 2023
Table Serbia ice cream market share (%), by brands, 2019-2023
Chart Serbia ice cream market, by brands, 2023
Table Serbia – population (millions) and forecast
Table Serbia – consumer price index (CPI) and forecast
Table Serbia – gross domestic product and forecast
Table Serbia ice cream market: spend as a proportion of GDP (%)
Table Serbia ice cream market: consumption per capita (population)