Global Impulse Ice Cream Market Report and Forecast 2024-2032

Global Impulse Ice Cream Market Outlook

The global impulse ice cream market is expected to grow in the forecast period of 2024-2032 at a CAGR of 5.70% due to the increasing consumer demand for single-serving ice creams and growing availability of exotic ice cream options.

Key Trends in the Market

Impulse ice creams are single serving ice cream options that cater to impulse buying tendencies. These can include ice-lollies that are water-based as well as dairy-based ice creams. Popular options are chocolate-coated ice creams, ice cream sandwiches, and ice cream tubes, among others. They are primarily marketed under the single-service product industry in various economies. 

• The high availability of several ice cream flavours along with the rising spending of consumers on quality indulgence edibles are expected to enhance the impulse ice cream market demand across the globe during the forecast period.

• The increasing focus of various manufacturers to expand their product range by incorporating numerous functional ingredients, exotic flavours, and organic and herbal fillings is expected to propel the demand for impulse ice cream among consumers.

• Going further, the surging focus on manufacturing cost-efficient impulse ice cream products is further expected to fuel the market demand for impulse ice cream among consumers across the globe over the coming years.

Market Analysis

Based on end use, the impulse ice cream market can be segmented into food service and retail. On the basis of distribution channels, the market is categorised into hypermarkets and supermarkets, specialty stores, and online, among others. The regional markets can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global impulse ice cream market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans. 

• Unilever plc

• Nestle S.A.

• Turkey Hill Dairy

• General Mills, Inc.

• IFFCO Group

• Others

Market Share by Distribution Channels

The hypermarkets and supermarkets segment is holding robust growth in the impulse ice cream market share across the globe on account of the significance of hypermarkets and supermarkets as major sites for grocery shopping. They typically have extensive displays for frozen items, enabling improved visibility and accessibility for the sale of impulse ice creams. The wide range of deals available to consumers purchasing products in bulk at hypermarkets and supermarkets is expected to increase the segment growth in the market share over the coming years. Meanwhile, the online segment is expected to fuel the market growth of impulse ice cream across the globe on account of the wide consumption of impulse ice creams with help of mobile applications or online channels. 

Market Share by Region

Geographically, the Asia Pacific region is expected to augment the impulse ice cream market share on account of the surging demand for ice cream owing to the relatively hot and humid climatic conditions in the region. Rapid technological advancements including commercial refrigerators, freezing equipment, and cold chain infrastructure in the region are further expected to propel the market growth in the Asia Pacific.

With the rapidly growing population in countries like India and China, the sale of impulse ice cream is expected to increase. The increasing preference among consumers for ready-to-eat or instant food products such as impulse ice cream is further aiding the market demand for impulse ice cream across the region.

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Competitive Landscape

Unilever plc is a United Kingdom-based multinational consumer goods company established in 1930. It deals in the manufacture and sale of consumer goods. The company provides beauty and personal care products, food products, beverages, minerals, vitamins, supplements, and home care products. It is a dual-listed corporation comprising of Unilever PLC in London and Unilever NV in Rotterdam. The company owns several brands across the globe.

Nestle S.A. is the world’s largest food and beverage company based in Switzerland and was founded in 1866. It operates across the world offering almost every category of food and beverage. Its major products include baby foods, condensed and powdered milk, candies, instant coffees and teas, chocolate products, soups, frozen foods, seasonings and condiments, bottled water, and ice cream. 

Turkey Hill Dairy is one of the leading companies producing premium ice cream brands. It is also known as one of the prominent refrigerated iced tea brands in the United States. The company was established in 1931, in Pennsylvania, United States. It manufactures a range of ice cream, frozen desserts, and beverages that are sold throughout the United States and globally.

Other market players include General Mills, Inc., and IFFCO Group, among others.

Key Highlights of the Report