Market overview & Statistics
Ice cream is a sweetened frozen food which is often eaten as a snack or dessert. It is commonly made from dairy products, such as milk and cream, and also varied with combinations of fruits or other ingredients and flavors. Sugar or sugar substitutes are used for sweetening. Moreover, stabilizers along with flavors and colors are added too. The global Ice Cream market was evaluated at 57900 million US$ in 2018 and is expected to reach 84900 million US$ by the end of 2025, growing at a CAGR of 4.9% during the forecast period.
Rising health consciousness and enhanced awareness levels has created a shift in the consumer market towards ice cream which are formulated with unusual and organic ingredients. Moreover, several governing bodies across the globe have issued new regulations with respect to labelling, ingredients and manufacturing of ice cream. The Food Safety and Standards Authority of India (FSSAI) is planning to introduce labelling requirements for frozen desserts in 2020 making it mandatory for Food Business Operators (FBOs) to prominently mention the percentage amount of vegetable proteins or vegetable fat/oil on the label.
Market Segment by top manufacturers, this report covers
Blue Bell Creameries
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Rapid urbanization is also one of the reasons that has led to an expansion in modern retail formats such as departmental stores, hypermarkets, supermarkets and convenience stores, which is contributing to an increase in sales. Increasing disposable incomes of consumers across the globe continues to be a contributing factor towards the market growth.
Ice Cream Industry Segmentation
The Global Ice Cream Market is segmented by type, End User, Flavour, Category, Distribution Channel, product and Region.
In terms of Product, the market is split into Soft Ice Cream and Hard Ice Cream
On the basis of End User, the market is categorized into Commercial and Residential
With respect to main flavours, the market is divided into Vanilla, Chocolate, Fruit and Others with vanilla being the most preferred by consumers owing to its use with several other dessert preparations.
On the basis of category, the market is split into Impulse, Take-Home and Artisanal
In terms of product the market is split into Cup, Stick, Cone, Brick, Tub and Others with ice cream cups being the most popular
With respect to Distribution Channel the market is split into Supermarkets/Hypermarkets, Convenience Stores, Ice Cream Parlors, Online Stores and Others.
Geographically, the market spans across key regions of North America, Europe, Asia Pacific, Central & South America and Middle East & Africa,
The report provides a detailed country-wise analysis of the regions the Global Ice Cream market spans across. These include North America (United States, Canada, Mexico), Asia-Pacific (China, India ,Japan, South Korea, Australia, Indonesia, Singapore, Malaysia, Philippines, Thailand, Vietnam), Europe (Germany, France, UK, Italy, Spain, Russia), Central & South America (Brazil, Rest of Central & South America), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa)
Global giant manufactures are mainly distributed across Europe and USA. Europe contributed to 27.54% of the market share in 2015, followed by USA with 22.40%.
The demand for lactose-free ice creams has been predicted to be one of the emerging trends in the ice cream market by 2021. Increasing rates of food allergies and intolerance has increased the demand for lactose-free food products. This leads to lactose-intolerant consumers choosing to opt for lactose-free ice creams.
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Table of Contents –Analysis of Key Points
Global Ice Cream Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
Ice Cream Global Market Analysis by Regions
North America Ice Cream by Country
Europe Ice Cream by Country
Asia-Pacific Ice Cream by Country
South America Ice Cream by Country
Africa and Middle East Ice Cream by Countries
Ice Cream Global Market Segment by Type
Ice Cream Global Market Segment by Application
Ice Cream Market Forecast (2019-2025)
Sales Channel, Distributors, Traders and Dealers
Research Findings and Conclusion
List of Tables and Figures
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