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Global Ice Cream Industry Market Dynamics & Strategic Insights 2021-2030
Ice cream or cream ice is a type of frozen dessert and is made from milk and cream, and is sweetened with sugar or sugar substitutes. Ice creams come in different flavors, combined with nuts, fruits, ingredients, etc. Traditional flavors of ice creams include chocolate, vanilla, and others. Many companies are including other exotic flavors such as lemons, tropical fruits, and coconuts to changing the taste of consumers. Also, health-conscious customers prefer a low-calorie and low-fat ice cream called Skinny Cow.
Global Ice Cream Market іѕ ѕеgmеntеd on the bаѕіѕ оf Type (Impulse, Artisanal, and Take-Home) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Ice Cream Market wаѕ vаluеd аt UЅD 81,256.3 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 5.2 % frоm 2021 tо 2030.
The report on Global Ice Cream Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Ice Cream Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Ice Cream Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Ice Cream Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Ice Cream Market.
Market Dynamics:
Increasing demand for innovative flavors and impulsiveness to consume ice creams particularly in countries with hot climatic conditions is a key factor expected to drive the growth of the global ice cream market. Growing preference for ice cream with various flavors among consumers and rising disposable income of individuals in developed and developing countries are major factors driving the growth of the global ice cream market during the forecast period. Moreover, increasing demand for lactose-free products is expected to fuel the growth of the global ice cream market over the forecast period. Growing Innovations in packaging are contributing to the growing demand for take-home products as these new packs are more convenient to carry and store as compared to old ones is expected to support the growth of the global market.
However, the high cost for storage of ice cream and side effects on overconsumption of lactose causing several problems, such as bloating, gas, and diarrhea are major factors restraining the growth of the global ice cream market. Furthermore, a rising preference for homemade ice-cream is expected to challenge the growth of the global ice cream market.
Segmental Analysis:
Among the type segments, the impulse segment is accounted for a major revenue share in the global market during the forecast period, due to it bought for immediate consumption. Impulse ice cream includes cones, cups, ice-lollies, ice cream bars, sandwiches, and sticks. The artisanal ice cream is expected to register a significant revenue share in the global market. This is attributed to the rising demand for hand-made ice creams containing high-quality ingredients.
Regional Analysis:
Asia Pacific market is expected to account for major revenue share and is expected to register faster growth in terms of revenue in the global ice cream market. This is attributed to the presence of a large consumer base and favorable climatic conditions for consumption of ice creams, and growing demand for the product in countries such as India and China in the region. North America and Europe markets are expected to register moderate growth in terms of revenue over the forecast period, owing to the increasing number of health-conscious people. Also, Increasing demand for premium products especially in developed regions such as North America and Europe is expected to drive the market growth during the forecast period. Latin America and MEA ice cream markets are expected to register moderate growth in the global market over the forecast period, due to the rising demand for ice creams from younger demographics and the emerging middle class.
Global Ice Cream Market Segmentation:
Segmentation by Type:
• Impulse
• Artisanal
• Take-Home
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Unilever Group
Nestle S.A.
General Mills, Inc.
Mars
Blue Bell Creameries
Lotte Confectionery
Wells Dairy Inc.
Turkey Hill
Mihan Dairy Inc.
Meiji Holdings Co. Ltd.s
Global Ice Cream Market іѕ ѕеgmеntеd on the bаѕіѕ оf Type (Impulse, Artisanal, and Take-Home) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Ice Cream Market wаѕ vаluеd аt UЅD 81,256.3 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 5.2 % frоm 2021 tо 2030.
The report on Global Ice Cream Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Ice Cream Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Ice Cream Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Ice Cream Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Ice Cream Market.
Market Dynamics:
Increasing demand for innovative flavors and impulsiveness to consume ice creams particularly in countries with hot climatic conditions is a key factor expected to drive the growth of the global ice cream market. Growing preference for ice cream with various flavors among consumers and rising disposable income of individuals in developed and developing countries are major factors driving the growth of the global ice cream market during the forecast period. Moreover, increasing demand for lactose-free products is expected to fuel the growth of the global ice cream market over the forecast period. Growing Innovations in packaging are contributing to the growing demand for take-home products as these new packs are more convenient to carry and store as compared to old ones is expected to support the growth of the global market.
However, the high cost for storage of ice cream and side effects on overconsumption of lactose causing several problems, such as bloating, gas, and diarrhea are major factors restraining the growth of the global ice cream market. Furthermore, a rising preference for homemade ice-cream is expected to challenge the growth of the global ice cream market.
Segmental Analysis:
Among the type segments, the impulse segment is accounted for a major revenue share in the global market during the forecast period, due to it bought for immediate consumption. Impulse ice cream includes cones, cups, ice-lollies, ice cream bars, sandwiches, and sticks. The artisanal ice cream is expected to register a significant revenue share in the global market. This is attributed to the rising demand for hand-made ice creams containing high-quality ingredients.
Regional Analysis:
Asia Pacific market is expected to account for major revenue share and is expected to register faster growth in terms of revenue in the global ice cream market. This is attributed to the presence of a large consumer base and favorable climatic conditions for consumption of ice creams, and growing demand for the product in countries such as India and China in the region. North America and Europe markets are expected to register moderate growth in terms of revenue over the forecast period, owing to the increasing number of health-conscious people. Also, Increasing demand for premium products especially in developed regions such as North America and Europe is expected to drive the market growth during the forecast period. Latin America and MEA ice cream markets are expected to register moderate growth in the global market over the forecast period, due to the rising demand for ice creams from younger demographics and the emerging middle class.
Global Ice Cream Market Segmentation:
Segmentation by Type:
• Impulse
• Artisanal
• Take-Home
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Unilever Group
Nestle S.A.
General Mills, Inc.
Mars
Blue Bell Creameries
Lotte Confectionery
Wells Dairy Inc.
Turkey Hill
Mihan Dairy Inc.
Meiji Holdings Co. Ltd.s
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
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