The Global Ice Cream Market, 2022-2026: Impact of COVID-19 with Forecast – ResearchAndMarkets.com


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DUBLIN – (COMMERCIAL THREAD) – The “global ice cream market, by category (take-out ice cream, pulse ice cream and artisan ice cream), by product type (brick, jar, cup, cone, stick and others), by channel Distribution, By Region, Competition, Forecast and Opportunity, 2026 Report “has been added to ResearchAndMarkets.com offer.

The global ice cream market was valued at USD 111.58 billion in 2020 and is expected to grow at a CAGR of over 5.71% during the forecast period. The global ice cream market is driven by increasing population, economic development and increasing purchasing power of consumers. Ice cream is mainly consumed during the summer season, providing several benefits such as minerals and vitamins. Not only does ice cream have nutritional value, it is also an incredible source of energy. Ice cream is high in carbohydrates, fats, and proteins, all of which are needed by the human body for energy. Ice cream is consumed by people of all ages. New innovations are being made by manufacturers to offer low-sugar or sugar-free ice cream, which will facilitate the growth of the industry during the forecast period. The demand for gourmet products like ice cream and frozen desserts is stable and the forecast is bright. Ice cream consumption is increasing, especially among young adults to ensure a feeling of freshness.

The global ice cream market is segmented into category, product type, distribution channel, region, and company. Based on category, the global ice cream market is further fragmented into take-out ice cream, impulse ice cream, and artisan ice cream. Among them, the “take-out ice cream” segment held a market share of around 43% in 2020. An increase in take-out ice cream consumption is due to the fact that many people prefer to buy family ice cream packs because they are easy to transport. Take-out ice cream is expected to grow at a CAGR of 5.26% over the next five years, largely due to the introduction of more convenient packaging and affordable prices. On the other hand, artisanal ice cream is the fastest growing segment as consumers turn to products made from natural ingredients.

Based on the type of product, the global ice cream market is categorized into bricks, jars, cups, cones, sticks, and others (sandwiches and ice cream jellies). Among them, “bricks” held the largest market share of around 27% in 2020, with family packs being widely preferred. Based on the distribution channel, the global ice cream market is divided into supermarkets / hypermarkets, convenience stores, specialty stores and others (push carts and online). Of these, “supermarkets / hypermarkets” held a significant market share of around 24%, due to the availability of all varieties, flavors and packaging under one roof.

In terms of regional analysis, the global ice cream market is divided into North America, Europe, Asia-Pacific, South America, Middle East, and Africa. Of all these regions, North America is the largest producer of ice cream.

Years considered for this report:

  • Historical years: 2016-2019

  • Baseline year: 2020

  • Estimated year: 2021E

  • Forecast period: 2022F-2026F

Companies mentioned

  • Inspire Brands, Inc.

  • Unilever PLC

  • Kahala Franchise, LLC

  • Lotte Co., Ltd.

  • Dairy Farmers of America, Inc.

  • Gujarat Milk Marketing Cooperative Federation (Amul)

  • DQ Corp.

  • Blue Bell Creameries

  • Nestlé SA

  • General Mills Inc.

Objectives of the study:

  • To analyze and estimate the market size of the global Ice Cream market from 2016 to 2020.

  • Estimate and forecast the market size of the global ice cream market from 2021E to 2026F and the growth rate to 2026F.

  • To classify and forecast the global ice cream market on the basis of category, product type, distribution channel, and regional distribution.

  • To examine competitive developments such as extensions, new product launches, mergers and acquisitions, etc., in the global ice cream market.

  • Identify the dominant region or segment of the global ice cream market.

  • To identify the drivers and challenges of the global ice cream market.

  • Identify and analyze the profile of the major players operating in the global ice cream market

  • To identify the key sustainable strategies adopted by market players in the global Ice Cream Market.

Key target audience:

  • Ice cream manufacturers / suppliers / distributors

  • Market studies and consulting firms

  • Government agencies such as regulators and policy makers

  • Ice cream related organizations, forums and alliances.

Scope of the report:

In this report, the global ice cream market has been segmented into the following categories in addition to industry trends which have also been detailed below:

Global Ice Cream Market, By Category:

  • Take-out ice cream

  • Pulse ice cream

  • Artisanal ice cream

Global Ice Cream Market, By Product Type:

  • Cup

  • Cone

  • To stick on

  • Brick

  • Bathtub

  • Others (Ice cream sandwiches and jellies)

Global Ice Cream Market, By Distribution Channel:

  • Supermarkets / Hypermarkets

  • Grocery store

  • Specialized shop

  • Others (push trolleys, in-line)

Global Ice Cream Market, By Region:

  • North America

  • United States

  • Canada

  • Mexico

  • Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Europe

  • UK

  • France

  • Italy

  • Germany

  • Spain

  • South America

  • Brazil

  • Argentina

  • Colombia

  • Middle East and Africa

  • South Africa

  • Saudi Arabia

  • United Arab Emirates

Competitive landscape

  • Company Profiles: Detailed analysis of the major companies present in the global Ice Cream market

For more information on this report, visit https://www.researchandmarkets.com/r/24jxel

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About Thomas B. Countryman

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