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Company Name | Year Founded | Headquarters | Products/Services |
Unilever plc | 1872 | London, United Kingdom | Ice cream brands: Wall’s, Ben & Jerry’s, and Magnum. Others: Soaps, shampoos, and everyday household care products, etc. |
General Mills, Inc. | 1928 | Minnesota, United States | Ice cream brands: Häagen-Dazs Others: Snacks, nutrition bars, frozen hot snacks, wholesome natural pet food, etc. |
Ashby's Ice Cream | 1984 | Michigan, United States | Ice cream, sherbet, sorbet, yogurt, and no-sugar-added/low-fat ice cream, etc. |
Tillamook County Creamery Association | 1909 | Oregon, United States | Ice cream, cheese, yoghurt, cream cheese spread, sour cream, and butter. |
Other key players in the ice cream market include Gujarat Cooperative Milk Marketing Federation Limited (Amul), Turkey Hill Dairy, HP Hood, LLC, Wells Enterprises, Inc, Dairy Farmers of America, Inc., Nestlé S.A., Lotte Confectionary Co, Ltd, The Kroger Company, Meiji Holdings Co, Ltd, and Danone S.A., among others.
Ice Cream Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Ice Cream Market Analysis
8.1 Key Industry Highlights
8.2 Global Ice Cream Historical Market (2018-2023)
8.3 Global Ice Cream Market Forecast (2024-2032)
8.4 Global Ice Cream Market by Flavour
8.4.1 Chocolate
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Fruit
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Vanilla
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Ice Cream Market by Category
8.5.1 Impulse Ice Cream
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Take-Home Ice Cream
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Artisanal Ice Cream
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Ice Cream Market by Product Type
8.6.1 Cup
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Stick
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Cone
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Brick
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Tub
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Ice Cream Market by End-Use
8.7.1 Food Service
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Retailers
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Ice Cream Market by Sales Channel
8.8.1 Supermarkets and Hypermarkets
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Convenience Stores
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Ice Cream Parlours
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Hotels and Restaurants
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Online
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
8.8.6 Others
8.9 Global Ice Cream Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
9 North America Ice Cream Market Analysis
9.1 Market by Flavour
9.2 Market by Category
9.3 Market by End-Use
9.4 Market by Product Type
9.5 Market by Sales Channel
9.6 Market by Country
9.6.1 United States of America
9.6.1.1 Historical Trend (2018-2023)
9.6.1.2 Forecast Trend (2024-2032)
9.6.2 Canada
9.6.2.1 Historical Trend (2018-2023)
9.6.2.2 Forecast Trend (2024-2032)
10 Europe Ice Cream Market Analysis
10.1 Market by Flavour
10.2 Market by Category
10.3 Market by End-Use
10.4 Market by Product Type
10.5 Market by Sales Channel
10.6 Market by Country
10.6.1 United Kingdom
10.6.1.1 Historical Trend (2018-2023)
10.6.1.2 Forecast Trend (2024-2032)
10.6.2 Germany
10.6.2.1 Historical Trend (2018-2023)
10.6.2.2 Forecast Trend (2024-2032)
10.6.3 France
10.6.3.1 Historical Trend (2018-2023)
10.6.3.2 Forecast Trend (2024-2032)
10.6.4 Italy
10.6.4.1 Historical Trend (2018-2023)
10.6.4.2 Forecast Trend (2024-2032)
10.6.5 Others
11 Asia Pacific Ice Cream Market Analysis
11.1 Market by Flavour
11.2 Market by Category
11.3 Market by End-Use
11.4 Market by Product Type
11.5 Market by Sales Channel
11.6 Market by Country
11.6.1 China
11.6.1.1 Historical Trend (2018-2023)
11.6.1.2 Forecast Trend (2024-2032)
11.6.2 Japan
11.6.2.1 Historical Trend (2018-2023)
11.6.2.2 Forecast Trend (2024-2032)
11.6.3 India
11.6.3.1 Historical Trend (2018-2023)
11.6.3.2 Forecast Trend (2024-2032)
11.6.4 ASEAN
11.6.4.1 Historical Trend (2018-2023)
11.6.4.2 Forecast Trend (2024-2032)
11.6.5 Australia
11.6.5.1 Historical Trend (2018-2023)
11.6.5.2 Forecast Trend (2024-2032)
11.6.6 Others
12 Latin America Ice Cream Market Analysis
12.1 Market by Flavour
12.2 Market by Category
12.3 Market by End-Use
12.4 Market by Product Type
12.5 Market by Sales Channel
12.6 Market by Country
12.6.1 Brazil
12.6.1.1 Historical Trend (2018-2023)
12.6.1.2 Forecast Trend (2024-2032)
12.6.2 Argentina
12.6.2.1 Historical Trend (2018-2023)
12.6.2.2 Forecast Trend (2024-2032)
12.6.3 Mexico
12.6.3.1 Historical Trend (2018-2023)
12.6.3.2 Forecast Trend (2024-2032)
12.6.4 Others
13 Middle East and Africa Ice Cream Market Analysis
13.1 Market by Flavour
13.2 Market by Category
13.3 Market by End-Use
13.4 Market by Product Type
13.5 Market by Sales Channel
13.6 Market by Country
13.6.1 Saudi Arabia
13.6.1.1 Historical Trend (2018-2023)
13.6.1.2 Forecast Trend (2024-2032)
13.6.2 United Arab Emirates
13.6.2.1 Historical Trend (2018-2023)
13.6.2.2 Forecast Trend (2024-2032)
13.6.3 Nigeria
13.6.3.1 Historical Trend (2018-2023)
13.6.3.2 Forecast Trend (2024-2032)
13.6.4 South Africa
13.6.4.1 Historical Trend (2018-2023)
13.6.4.2 Forecast Trend (2024-2032)
13.6.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Manufacturing Process
17 Project Requirements and Costs Involved
17.1 Land Requirements and Expenditures
17.2 Construction Requirements and Expenditures
17.3 Plant Machinery
17.4 Raw Material Requirements and Expenditures
17.5 Packaging Requirements and Expenditures
17.6 Transportation Requirements and Expenditures
17.7 Utility Requirements and Expenditures
17.8 Manpower Requirements and Expenditures
17.9 Other Capital Investments
18 Loans and Financial Assistance
19 Project Economics
19.1 Capital Cost of the Project
19.2 Techno-Economic Parameters
19.3 Product Pricing and Margins Across Various Levels of the Supply Chain
19.4 Taxation and Depreciation
19.5 Income Projections
19.6 Expenditure Projections
19.7 Financial Analysis
19.8 Profit Analysis
20 Competitive Landscape
20.1 Market Structure
20.2 Company Profiles
20.2.1 Unilever plc
20.2.1.1 Company Overview
20.2.1.2 Product Portfolio
20.2.1.3 Demographic Reach and Achievements
20.2.1.4 Certifications
20.2.2 General Mills, Inc.
20.2.2.1 Company Overview
20.2.2.2 Product Portfolio
20.2.2.3 Demographic Reach and Achievements
20.2.2.4 Certifications
20.2.3 Ashby's Ice Cream
20.2.3.1 Company Overview
20.2.3.2 Product Portfolio
20.2.3.3 Demographic Reach and Achievements
20.2.3.4 Certifications
20.2.4 Tillamook County Creamery Association
20.2.4.1 Company Overview
20.2.4.2 Product Portfolio
20.2.4.3 Demographic Reach and Achievements
20.2.4.4 Certifications
20.2.5 Gujarat Cooperative Milk Marketing Federation Limited (Amul)
20.2.5.1 Company Overview
20.2.5.2 Product Portfolio
20.2.5.3 Demographic Reach and Achievements
20.2.5.4 Certifications
20.2.6 Turkey Hill Dairy
20.2.6.1 Company Overview
20.2.6.2 Product Portfolio
20.2.6.3 Demographic Reach and Achievements
20.2.6.4 Certifications
20.2.7 HP Hood, LLC
20.2.7.1 Company Overview
20.2.7.2 Product Portfolio
20.2.7.3 Demographic Reach and Achievements
20.2.7.4 Certifications
20.2.8 Wells Enterprises, Inc
20.2.8.1 Company Overview
20.2.8.2 Product Portfolio
20.2.8.3 Demographic Reach and Achievements
20.2.8.4 Certifications
20.2.9 Dairy Farmers of America, Inc.
20.2.9.1 Company Overview
20.2.9.2 Product Portfolio
20.2.9.3 Demographic Reach and Achievements
20.2.9.4 Certifications
20.2.10 Nestlé S.A.
20.2.10.1 Company Overview
20.2.10.2 Product Portfolio
20.2.10.3 Demographic Reach and Achievements
20.2.10.4 Certifications
20.2.11 Lotte Confectionary Co, Ltd
20.2.11.1 Company Overview
20.2.11.2 Product Portfolio
20.2.11.3 Demographic Reach and Achievements
20.2.11.4 Certifications
20.2.12 The Kroger Company
20.2.12.1 Company Overview
20.2.12.2 Product Portfolio
20.2.12.3 Demographic Reach and Achievements
20.2.12.4 Certifications
20.2.13 Meiji Holdings Co, Ltd
20.2.13.1 Company Overview
20.2.13.2 Product Portfolio
20.2.13.3 Demographic Reach and Achievements
20.2.13.4 Certifications
20.2.14 Danone S.A.
20.2.14.1 Company Overview
20.2.14.2 Product Portfolio
20.2.14.3 Demographic Reach and Achievements
20.2.14.4 Certifications
20.2.15 Others
21 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Ice Cream Market: Key Industry Highlights, 2018 and 2032
2. Global Ice Cream Historical Market: Breakup by Flavour (USD Million), 2018-2023
3. Global Ice Cream Market Forecast: Breakup by Flavour (USD Million), 2024-2032
4. Global Ice Cream Historical Market: Breakup by Category (USD Million), 2018-2023
5. Global Ice Cream Market Forecast: Breakup by Category (USD Million), 2024-2032
6. Global Ice Cream Historical Market: Breakup by Product Type (USD Million), 2018-2023
7. Global Ice Cream Market Forecast: Breakup by Product Type (USD Million), 2024-2032
8. Global Ice Cream Historical Market: Breakup by End-Use (USD Million), 2018-2023
9. Global Ice Cream Market Forecast: Breakup by End-Use (USD Million), 2024-2032
10. Global Ice Cream Historical Market: Breakup by Sales Channel (USD Million), 2018-2023
11. Global Ice Cream Market Forecast: Breakup by Sales Channel (USD Million), 2024-2032
12. Global Ice Cream Historical Market: Breakup by Region (USD Million), 2018-2023
13. Global Ice Cream Market Forecast: Breakup by Region (USD Million), 2024-2032
14. North America Ice Cream Historical Market: Breakup by Country (USD Million), 2018-2023
15. North America Ice Cream Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Europe Ice Cream Historical Market: Breakup by Country (USD Million), 2018-2023
17. Europe Ice Cream Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Asia Pacific Ice Cream Historical Market: Breakup by Country (USD Million), 2018-2023
19. Asia Pacific Ice Cream Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Latin America Ice Cream Historical Market: Breakup by Country (USD Million), 2018-2023
21. Latin America Ice Cream Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Middle East and Africa Ice Cream Historical Market: Breakup by Country (USD Million), 2018-2023
23. Middle East and Africa Ice Cream Market Forecast: Breakup by Country (USD Million), 2024-2032
24. Global Ice Cream Market Structure
In 2023, the global ice cream market attained a value of nearly USD 83.24 billion.
The ice cream market is expected to grow at a CAGR of 4.3% between 2024 and 2032.
The market is estimated to witness healthy growth during 2024-2032 to reach around USD 121.94 billion by 2032.
Commercially-produced vegan ice creams are produced from plant-based ingredients, such as soy, almond, coconut, or rice milk.
The major drivers of the market, such as its inclusion in numerous desserts and beverages, an expansion of ice cream parlours, and the proliferation of online food delivery services, are expected to aid the market growth.
The key trends propelling the market growth include rising demand for healthier ice creams, the wide availability of ice creams, and the expansion of the food service sector are driving the market growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Based on sales channels, the market can be segmented into supermarkets and hypermarkets, convenience stores, ice cream parlours, hotels and restaurants, and online, among others.
The major players in the market are Unilever plc, General Mills, Inc., Ashby's Ice Cream, Tillamook County Creamery Association, Gujarat Cooperative Milk Marketing Federation Limited (Amul), Turkey Hill Dairy, HP Hood, LLC, Wells Enterprises, Inc., Dairy Farmers of America, Inc., Nestlé S.A., Lotte Confectionary Co, Ltd, The Kroger Company, Meiji Holdings Co, Ltd, and Danone S.A., among others.
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