$ 82.5 billion global ice cream opportunity by 2026

FACTS AT A GLANCE
Editing: 5; Posted: April 2021
Executive pool: 1053
Companies: 442 – Players covered include Blue Bell Creameries; General Mills Inc.; Lotte confectionery; March; Meiji Holdings Co. Ltd. ; Laiterie Mihan Inc .; Nestle©; the hill of Turkey; Unilever Nestlé SA Group; Wells Dairy Inc. et al.
Blanket: All major geographies and key segments
Segments: Type (Impulse, Take Away, Craft); Distribution channel (supermarkets and hypermarkets, convenience stores, specialty stores, other distribution channels)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; Spain; Russia; and rest of Europe); Asia Pacific (Australia; India; South Korea; and rest of Asia Pacific); Latin America (Argentina; Brazil; Mexico; and rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest of Middle East); and Africa.

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ABSTRACT-

Global ice cream market to reach $ 82.5 billion by 2026
Amid the COVID-19 crisis, the global ice cream market is estimated at US $ 62.6 billion in 2020, is expected to reach a revised size of 82.5 billion US dollars by 2026, with a CAGR of 4.7% over the analysis period. Impulse, one of the segments analyzed in the report, is expected to register a CAGR of 4.5% and reach 36.9 billion US dollars at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the Take-Home segment is readjusted to a revised CAGR of 5.1% for the next 7-year period.

The US market is estimated at $ 17.5 billion in 2021, when China is expected to reach $ 16.7 billion by 2026
The ice cream market in the United States is estimated at US $ 17.5 billion in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 16.7 billion by 2026, with a CAGR of 7.6% over the analysis period. Other notable geographic markets include Japan and Canada, each projects growth of 2.7% and 3.8% respectively over the analysis period. In Europe, Germany is expected to grow at around 3.4% CAGR.

Craft segment to reach US $ 21.2 billion by 2026
In the global Handicraft segment, United States, Canada, Japan, China and Europe will lead to the estimated 4.4% CAGR for this segment. These regional markets representing a combined market size of US $ 12.2 billion in 2020 will reach a projected size of US $ 16.4 billion before the end of the analysis period. China will remain among the most dynamic of this group of regional markets. Following

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