Artisan ice cream market to grow by $4.74 billion according to Technavio market analysis

NEW YORK, February 2, 2022 /PRNewswire/ —

Scope of the artisanal ice cream market

Study period

2022-2026

base year

2021

Growth difference

$4.74 billion

CAGR

4.96%

The biggest market

APAC

YEAR

3.92%

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Artinci Artisanal, Creamery Bi-Rite and General Mills Inc. among the main sellers in the artisanal ice cream market

Artinci Artisanal, Bi-Rite Dairy, General Mills Inc., Gracies Ice Cream, High Road Craft Brands, ROGUEICECREAM, The Saffron Ice Cream Co., Toscanini, and Van Leeuwen Ice Cream LLC, among others, are some of the major vendors operating in the craft ice cream market. The offers of some of these providers are mentioned below:

  • Artinci Artisanal – The company offers vegan milk ice cream with jaggery.

  • Bi-Rite Creamery – The company offers artisanal ice cream under the Creamery brand.

  • General Mills Inc. – The company offers ice cream products under the Haagen Dazs brand.

APAC will be the largest market in the artisanal ice cream market

APAC will be the largest market during the forecast period and will account for 31% of market growth. The leading countries in the region are expected to be the artisanal ice cream market. Moreover, the market growth rate in APAC will be faster than the market growth in other regions.

Technavio highlights the contribution of each region to the artisanal ice cream market. Read our sample now

The offline segment will generate the highest revenue for the artisanal ice cream market

The offline segment will witness significant growth in its market share over the forecast period. Industrial and commercial users prefer the offline distribution channel as they have highly customized and bulk product requirements. Players are expanding their product portfolios in global, regional and local markets to increase sales through offline channels. The growing number of specialty stores offering dairy products will help increase the sale of artisanal ice cream products through this distribution channel.

Launching new products to boost the artisanal ice cream market
The launch of new products is one of the key factors driving the growth of the artisanal ice cream market. The successful launch of new products helps to increase the revenue stream and market share of vendors. For example, Havmor Ice Cream Company Pvt. launched a range of artisanal ice cream, #MOR2GO. It is the first of its kind in the ice cream category, with an exclusive range of ice cream options placed in thermal barrier packaging.

Growing number of lactose intolerant people around the world to challenge the artisanal ice cream market
One of the major challenges in the artisanal ice cream market is the growing number of lactose intolerant people around the world. Lactose intolerant people are unable to digest lactose, a type of sugar found in milk and other dairy products, including ice cream. This is mainly due to the shortage of lactase enzymes needed to break down lactose into simpler forms, such as glucose and galactose. The number of lactose intolerant people is increasing every year. Thus, many consumers opt for lactose-free products because of their health benefits. This, in turn, can impact the demand for artisanal ice cream.

Find additional insights regarding other factors impacting the growth of the Artisan Ice Cream Market, view our free sample

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