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Ice Cream Market Size, Share & Trends Analysis Report By Product (Bars & Pops, Cups & Tub), By Type (Dairy & Water-based, Vegan), By Flavor (Chocolate, Vanilla, Fruit), By Region, And Segment Forecasts, 2022 - 2030

April 2022 | 80 pages | ID: I041246C1F8EN
Grand View Research, Inc.

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Ice Cream Market Growth & Trends

The global ice cream market size is expected to reach USD 114.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 4.2% from 2022 to 2030. The growth is attributed to the rising demand for premium ice cream products. The manufacturers in the foodservice sector are incorporating a variety of ice cream flavors and products into their menus to cater to a larger customer base. This trend is anticipated to further fuel the growth of the market.

The demand for lactose-free ice cream is also expected to contribute to market growth during the forecast period. The market is driven by an increase in the cases of food intolerances and allergies. Consumers suffering from lactose intolerance prefer dairy-free and vegan ice creams. Health-conscious consumers also prefer these variants to meet their demand for healthy foods.

In terms of product, the bars & pops segment is expected to register the second-highest CAGR during the forecast period. A significant rise in product launches by well-established players across the globe is expected to fuel the demand for bars and pops. For instance, White Rabbit, a leading brand in Shanghai launched a pack of five pieces of ice cream candies and bars with natural and high-quality milk ice cream candies packaged in a retro box. Such product developments are expected to boost the demand for ice cream bars and provide a fillip to the segment.

The retail distribution channel segment contributed the largest revenue share of the global market in 2021. Most of the products launched by companies are debuted at big supermarkets such as Walmart, Tesco, and Kroger due to their large customer base. According to the article published in The Grocer in March 2021, brands such as Twister Peek-a-Blue, Guud Passion Fruit, Cornetto Go have been launching their products in supermarkets every summer

The key players already have a large consumer base, strong brand recognition, and vast distribution networks with brand loyalty among consumers across the globe, all of which will favor these companies in the global market.

Ice Cream Market Report Highlights
  • In terms of type, the vegan segment is expected to showcase rapid growth in the market with a CAGR of 9.0% from 2022 to 2030. The growing demand for healthy and dairy-free alternatives and an increasing number of product launches with innovative flavors are expected to attribute to the growth
  • The retail channel dominated the global market for ice creams with a revenue share of over 73.0% in 2021. Major industry players are opening new stores to cater to a larger number of customers. For instance, according to the statistics provided by the company website, the Costco Wholesale Corporation planned to open a new store in Dallas, Georgia, the U.S. in the spring of 2021
  • The Asia Pacific region is expected to register the fastest CAGR during the forecast period. Countries such as China, Australia, New Zealand, and India are expected to witness a rapid surge in the consumption of ice cream. Furthermore, the increasing middle-income population and rising purchasing power in the region are factors expected to boost the sales of premium products like vegan ice cream
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Product Outlook
2.3. Type Outlook
2.4. Flavor Outlook
2.5. Distribution Channel Outlook

CHAPTER 3. ICE CREAM MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Impact of COVID-19 on the Ice Cream Market
3.4. Industry Value Chain Analysis
  3.4.1. Sales/Retail Channel Analysis
  3.4.2. Profit Margin Analysis
3.5. Market Dynamics
  3.5.1. Market Driver Analysis
  3.5.2. Market Restraint Analysis
  3.5.3. Industry Challenges
  3.5.4. Industry Opportunities
3.6. Business Environment Analysis
  3.6.1. Industry Analysis - Porter’s
    3.6.1.1. Supplier Power
    3.6.1.2. Buyer Power
    3.6.1.3. Substitution Threat
    3.6.1.4. Threat from New Entrant
    3.6.1.5. Competitive Rivalry
3.7. Roadmap of Ice Cream Market
3.8. Market Entry Strategies

CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS

4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations

CHAPTER 5. ICE CREAM MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

5.1. Product Movement Analysis & Market Share, 2021 & 2030
5.2. Bars & Pops
  5.2.1. Market estimates and forecast for bars & pops 2017 - 2030 (USD Million)
5.3. Cups & Tubs
  5.3.1. Market estimates and forecast for cups & tubs 2017 - 2030 (USD Million)
5.4. Others
  5.4.1. Market estimates and forecast for others 2017 - 2030 (USD Million)

CHAPTER 6. ICE CREAM MARKET: TYPE ESTIMATES & TREND ANALYSIS

6.1. Type Movement Analysis & Market Share, 2021 & 2030
6.2. Dairy & Water-based
  6.2.1. Market estimates and forecast for dairy & water-based 2017 - 2030 (USD Million)
6.3. Vegan
  6.3.1. Market estimates and forecast for vegan 2017 - 2030 (USD Million)

CHAPTER 7. ICE CREAM MARKET: FLAVOR ESTIMATES & TREND ANALYSIS

7.1. Flavor Movement Analysis & Market Share, 2021 & 2030
7.2. Chocolate
  7.2.1. Market estimates and forecast for chocolate 2017 - 2030 (USD Million)
7.3. Vanilla
  7.3.1. Market estimates and forecast for vanilla 2017 - 2030 (USD Million)
7.4. Fruit
  7.4.1. Market estimates and forecast for fruit 2017 - 2030 (USD Million)
7.5. Others
  7.5.1. Market estimates and forecast for other 2017 - 2030 (USD Million)

CHAPTER 8. ICE CREAM MARKET: DISTRIBUTION CHANNEL ESTIMATES & TREND ANALYSIS

8.1. Distribution Channel Movement Analysis & Market Share, 2021 & 2030
8.2. Foodservice
  8.2.1. Market estimates and forecast through foodservice, 2017 - 2030 (USD Million)
8.3. Retail
  8.3.1. Market estimates and forecast through retail, 2017 - 2030 (USD Million)

CHAPTER 9. ICE CREAM MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

9.1. Regional Movement Analysis & Market Share, 2021 & 2030
9.2. North America
  9.2.1. Market estimates and forecast, 2017 - 2030 (USD Million)
  9.2.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
  9.2.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
  9.2.4. Market estimates and forecast, by flavor, 2017 - 2030 (USD Million)
  9.2.5. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
  9.2.6. U.S.
    9.2.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
    9.2.6.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
    9.2.6.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
    9.2.6.4. Market estimates and forecast, by flavor, 2017 - 2030 (USD Million)
    9.2.6.5. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
9.3. Europe
  9.3.1. Market estimates and forecast, 2017 - 2030 (USD Million)
  9.3.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
  9.3.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
  9.3.4. Market estimates and forecast, by flavor, 2017 - 2030 (USD Million)
  9.3.5. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
  9.3.6. Germany
    9.3.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
    9.3.6.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
    9.3.6.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
    9.3.6.4. Market estimates and forecast, by flavor, 2017 - 2030 (USD Million)
    9.3.6.5. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
  9.3.7. U.K.
    9.3.7.1. Market estimates and forecast, 2017 - 2030 (USD Million)
    9.3.7.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
    9.3.7.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
    9.3.7.4. Market estimates and forecast, by flavor, 2017 - 2030 (USD Million)
    9.3.7.5. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
  9.3.8. France
    9.3.8.1. Market estimates and forecast, 2017 - 2030 (USD Million)
    9.3.8.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
    9.3.8.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
    9.3.8.4. Market estimates and forecast, by flavor, 2017 - 2030 (USD Million)
    9.3.8.5. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
9.4. Asia Pacific
  9.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
  9.4.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
  9.4.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
  9.4.4. Market estimates and forecast, by flavor, 2017 - 2030 (USD Million)
  9.4.5. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
  9.4.6. China
    9.4.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
    9.4.6.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
    9.4.6.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
    9.4.6.4. Market estimates and forecast, by flavor, 2017 - 2030 (USD Million)
    9.4.6.5. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
  9.4.7. Japan
    9.4.7.1. Market estimates and forecast, 2017 - 2030 (USD Million)
    9.4.7.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
    9.4.7.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
    9.4.7.4. Market estimates and forecast, by flavor, 2017 - 2030 (USD Million)
    9.4.7.5. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
  9.4.8. India
    9.4.8.1. Market estimates and forecast, 2017 - 2030 (USD Million)
    9.4.8.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
    9.4.8.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
    9.4.8.4. Market estimates and forecast, by flavor, 2017 - 2030 (USD Million)
    9.4.8.5. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
9.5. Central & South America
  9.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
  9.5.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
  9.5.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
  9.5.4. Market estimates and forecast, by flavor, 2017 - 2030 (USD Million)
  9.5.5. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
  9.5.6. Brazil
    9.5.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
    9.5.6.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
    9.5.6.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
    9.5.6.4. Market estimates and forecast, by flavor, 2017 - 2030 (USD Million)
    9.5.6.5. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
9.6. Middle East & Africa
  9.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
  9.6.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
  9.6.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
  9.6.4. Market estimates and forecast, by flavor, 2017 - 2030 (USD Million)
  9.6.5. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
  9.6.6. South Africa
    9.6.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
    9.6.6.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
    9.6.6.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
    9.6.6.4. Market estimates and forecast, by flavor, 2017 - 2030 (USD Million)
    9.6.6.5. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)

CHAPTER 10. COMPETITIVE ANALYSIS

10.1. Key global players, recent developments & their impact on the industry
10.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
10.3. Vendor Landscape
  10.3.1. Key company market share analysis, 2021

CHAPTER 11. COMPANY PROFILES

11.1. Unilever
  11.1.1. Company Overview
  11.1.2. Financial Performance
  11.1.3. Product Benchmarking
  11.1.4. Strategic Initiatives
11.2. Inspire Brands, Inc.
  11.2.1. Company Overview
  11.2.2. Financial Performance
  11.2.3. Product Benchmarking
  11.2.4. Strategic Initiatives
11.3. General Mills
  11.3.1. Company Overview
  11.3.2. Financial Performance
  11.3.3. Product Benchmarking
  11.3.4. Strategic Initiatives
11.4. Kwality Wall’s
  11.4.1. Company Overview
  11.4.2. Financial Performance
  11.4.3. Product Benchmarking
  11.4.4. Strategic Initiatives
11.5. American Dairy Queen Corporation
  11.5.1. Company Overview
  11.5.2. Financial Performance
  11.5.3. Product Benchmarking
  11.5.4. Strategic Initiatives
11.6. Nestl?
  11.6.1. Company Overview
  11.6.2. Financial Performance
  11.6.3. Product Benchmarking
  11.6.4. Strategic Initiatives
11.7. Blue Bell Creameries
  11.7.1. Company Overview
  11.7.2. Financial Performance
  11.7.3. Product Benchmarking
  11.7.4. Strategic Initiatives
11.8. Cold Stone Creamery
  11.8.1. Company Overview
  11.8.2. Financial Performance
  11.8.3. Product Benchmarking
  11.8.4. Strategic Initiatives
11.9. Danone S.A.
  11.9.1. Company Overview
  11.9.2. Financial Performance
  11.9.3. Product Benchmarking
  11.9.4. Strategic Initiatives
11.10. NadaMoo
  11.10.1. Company Overview
  11.10.2. Financial Performance
  11.10.3. Product Benchmarking
  11.10.4. Strategic Initiatives

LIST OF TABLES

1. Ice cream market - Key market driver analysis
2. Ice cream market - Key market restraint analysis
3. Global bars & pops ice cream market estimates and forecast, 2017 - 2030 (USD Million)
4. Global cups & tubs ice cream market estimates and forecast, 2017 - 2030 (USD Million)
5. Global others ice cream market estimates and forecast, 2017 - 2030 (USD Million)
6. Global dairy and water-based ice cream market estimates and forecast, 2017 - 2030 (USD Million)
7. Global vegan ice cream market estimates and forecast, 2017 - 2030 (USD Million)
8. Global chocolate ice cream market estimates and forecast, 2017 - 2030 (USD Million)
9. Global vanilla ice cream market estimates and forecast, 2017 - 2030 (USD Million)
10. Global fruit ice cream market estimates and forecast, 2017 - 2030 (USD Million)
11. Global other ice cream market estimates and forecast, 2017 - 2030 (USD Million)
12. Global ice cream market estimates and forecast through foodservice, 2017 - 2030 (USD Million)
13. Global ice cream market estimates and forecast through retail, 2017 - 2030 (USD Million)
14. North America ice cream market estimates and forecast, 2017 - 2030 (USD Million)
15. North America ice cream market revenue estimates and forecast by product, 2017 - 2030 (USD Million)
16. North America ice cream market revenue estimates and forecast by type, 2017 - 2030 (USD Million)
17. North America ice cream market revenue estimates and forecast by flavor, 2017 - 2030 (USD Million)
18. North America ice cream market revenue estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
19. U.S. ice cream market estimates and forecast, 2017 - 2030 (USD Million)
20. U.S. ice cream market revenue estimates and forecast by product, 2017 - 2030 (USD Million)
21. U.S. ice cream market revenue estimates and forecast by type, 2017 - 2030 (USD Million)
22. U.S ice cream market revenue estimates and forecast by flavor, 2017 - 2030 (USD Million)
23. U.S. ice cream market revenue estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
24. Europe ice cream market estimates and forecast, 2017 - 2030 (USD Million)
25. Europe ice cream market revenue estimates and forecast by product, 2017 - 2030 (USD Million)
26. Europe ice cream market revenue estimates and forecast by type, 2017 - 2030 (USD Million)
27. Europe ice cream market revenue estimates and forecast by flavor, 2017 - 2030 (USD Million)
28. Europe ice cream market revenue estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
29. Germany ice cream market estimates and forecast, 2017 - 2030 (USD Million)
30. Germany ice cream market revenue estimates and forecast by product, 2017 - 2030 (USD Million)
31. Germany ice cream market revenue estimates and forecast by type, 2017 - 2030 (USD Million)
32. Germany ice cream market revenue estimates and forecast by flavor, 2017 - 2030 (USD Million)
33. Germany ice cream market revenue estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
34. U.K. ice cream market estimates and forecast, 2017 - 2030 (USD Million)
35. U.K. ice cream market revenue estimates and forecast by product, 2017 - 2030 (USD Million)
36. U.K. ice cream market revenue estimates and forecast by type, 2017 - 2030 (USD Million)
37. U.K. ice cream market revenue estimates and forecast by flavor, 2017 - 2030 (USD Million)
38. U.K. ice cream market revenue estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
39. France ice cream market estimates and forecast, 2017 - 2030 (USD Million)
40. France ice cream market revenue estimates and forecast by product, 2017 - 2030 (USD Million)
41. France ice cream market revenue estimates and forecast by type, 2017 - 2030 (USD Million)
42. France ice cream market revenue estimates and forecast by flavor, 2017 - 2030 (USD Million)
43. France ice cream market revenue estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
44. Asia Pacific ice cream market estimates and forecast, 2017 - 2030 (USD Million)
45. Asia Pacific ice cream market revenue estimates and forecast by product, 2017 - 2030 (USD Million)
46. Asia Pacific ice cream market revenue estimates and forecast by type, 2017 - 2030 (USD Million)
47. Asia Pacific ice cream market revenue estimates and forecast by flavor, 2017 - 2030 (USD Million)
48. Asia Pacific ice cream market revenue estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
49. China ice cream market estimates and forecast, 2017 - 2030 (USD Million)
50. China ice cream market revenue estimates and forecast by product, 2017 - 2030 (USD Million)
51. China ice cream market revenue estimates and forecast by type, 2017 - 2030 (USD Million)
52. China ice cream market revenue estimates and forecast by flavor, 2017 - 2030 (USD Million)
53. China ice cream market revenue estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
54. Japan ice cream market estimates and forecast, 2017 - 2030 (USD Million)
55. Japan ice cream market revenue estimates and forecast by product, 2017 - 2030 (USD Million)
56. Japan ice cream market revenue estimates and forecast by type, 2017 - 2030 (USD Million)
57. Japan ice cream market revenue estimates and forecast by flavor, 2017 - 2030 (USD Million)
58. Japan ice cream market revenue estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
59. India ice cream market estimates and forecast, 2017 - 2030 (USD Million)
60. India ice cream market revenue estimates and forecast by product, 2017 - 2030 (USD Million)
61. India ice cream market revenue estimates and forecast by type, 2017 - 2030 (USD Million)
62. India ice cream market revenue estimates and forecast by flavor, 2017 - 2030 (USD Million)
63. India ice cream market revenue estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
64. Central & South America ice cream market estimates and forecast, 2017 - 2030 (USD Million)
65. Central & South America ice cream market revenue estimates and forecast by product, 2017 - 2030 (USD Million)
66. Central & South America ice cream market revenue estimates and forecast by type, 2017 - 2030 (USD Million)
67. Central & South America ice cream market revenue estimates and forecast by flavor, 2017 - 2030 (USD Million)
68. Central & South America ice cream market revenue estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
69. Brazil ice cream market estimates and forecast, 2017 - 2030 (USD Million)
70. Brazil ice cream market revenue estimates and forecast by product, 2017 - 2030 (USD Million)
71. Brazil ice cream market revenue estimates and forecast by type, 2017 - 2030 (USD Million)
72. Brazil ice cream market revenue estimates and forecast by flavor, 2017 - 2030 (USD Million)
73. Brazil ice cream market revenue estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
74. Middle East & Africa ice cream market estimates and forecast, 2017 - 2030 (USD Million)
75. Middle East & Africa ice cream market revenue estimates and forecast by product, 2017 - 2030 (USD Million)
76. Middle East & Africa ice cream market revenue estimates and forecast by type, 2017 - 2030 (USD Million)
77. Middle East & Africa ice cream market revenue estimates and forecast by flavor, 2017 - 2030 (USD Million)
78. Middle East & Africa ice cream market revenue estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
79. South Africa ice cream market estimates and forecast, 2017 - 2030 (USD Million)
80. South Africa ice cream market revenue estimates and forecast by product, 2017 - 2030 (USD Million)
81. South Africa ice cream market revenue estimates and forecast by type, 2017 - 2030 (USD Million)
82. South Africa ice cream market revenue estimates and forecast by flavor, 2017 - 2030 (USD Million)
83. South Africa ice cream market revenue estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
84. Company categorization
LIST OF FIGURES

1. Ice cream market segmentation & scope
2. Information procurement
3. Primary research pattern
4. Primary research approaches
5. Primary research process
6. Ice cream market - Penetration & growth prospect mapping
7. Ice cream market - Value chain analysis
8. Ice cream market: Porter’s Five Forces Analysis
9. Ice cream market: Roadmap
10. Factors affecting the buying decision for ice cream market
11. Ice cream market: Product (%) analysis, 2021 & 2030
12. Ice cream market: Type (%) analysis, 2021 & 2030
13. Ice cream market: Flavor (%) analysis, 2021 & 2030
14. Ice cream market: Distribution channel share (%) analysis, 2021 & 2030
15. Ice cream market: Regional share (%) analysis, 2021 & 2030


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