Global Ice Cream Market Opportunities Discussed by GlobalData in Its Topical Report Now Available at MarketPublishers.com09 Aug 2017 • by Natalie Aster
LONDON – As of 2016, the world’s market for ice cream was estimated at USD 149.3 billion. In the same year, the world’s market was led by the North American region. Meanwhile, the European ice cream market is set to gain traction at the highest CAGR in terms of value from during 2017-2021.
Globally, the ice cream market growth is encouraged by a number of favourable macroeconomic factors like rising population number, robust urbanisation, ongoing economic improvements, amid others.
The share of the ice cream with health and wellness attributes in the overall ice-cream sales increased from 8.3% in 2011 to 8.8% in 2016.
On trade is the key distribution channel for ice cream worldwide.
In 2016, flexible packaging was the most widely used packaging material in the ice cream industry; it grabbed a share of 56.7% of the overall volume.
The new topical research publication “Opportunities in the Global Ice Cream Sector: Analysis of Opportunities Offered by High Growth Economies” elaborated by GlobalData provides relevant information on the global ice cream market performance as well as highlights the present scenario in six key regions (APAC, Middle East & Africa, North America, Latin America, Western Europe and Eastern Europe). It focuses on sales driving factors, estimates the market size and shares, explores the market dynamics, scrutinises the growth drivers, challenges and restraints; traces lights on the latest market developments, current and emerging trends, prospects and opportunities. This study identifies and examines the main distribution channels for ice cream in the global market, offers data on the top brands, delves into the market competitive scenario, profiles the leading ice cream manufacturers. Additionally, important statistics and details on the recent developments are provided in the report along with thorough discussion of the hottest issues. Future outlook for the marketplace through 2021 is also at hand here.
To gain access to other GlobalData’s research reports visit its catalogue at MarketPublishers.com.