Global Ice Cream Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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MarketResearch.biz delivers in-depth insights on the global ice cream market in its upcoming report titled, “Global Ice Cream Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global Ice Cream market is estimated to register a CAGR of XX.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global ice cream market report has been segmented on the basis of sales type, and region.
Ice cream, traditionally called as iced cream or cream ice is a type of frozen dessert. It is made from milk and cream, and is typically sweetened with sugar or sugar substitutes. Ice creams come in different flavors, combined with fruits, nuts, etc.
Meaning of the phrase ‘ice cream’ varies from one country to another. Phrases such as "frozen custard", "frozen yogurt", "sorbet", "geato" and others are used to distinguish different varieties and styles.
Rising demand for innovative flavors and impulsiveness to consume ice creams especially in countries with hot climatic conditions is expected to drive growth of the global ice cream market. Rising disposable income in developed and developing countries and preference for ice cream with various flavors even among consumer above the age of 50 are major factors driving growth of the global ice cream market. In addition, increasing demand for lactose free products is expected to support growth of the global ice cream market.
However, high cost for storage of ice cream and potential side effects on over consumption of lactose causing several problems, such as gas, bloating, and diarrhea depending on person to person are major factors hampering growth of the global ice cream market. In addition, rising preference for homemade ice-cream is expected to challenge growth of the global ice cream market.
Market is Asia Pacific accounted for major revenue share in the global ice cream market in 2016, and is expected to continue its dominance over the forecast period, owing to presence of large consumer base and favorable climatic conditions for consumption of ice creams, and growing demand for the product in countries such as India and China in the region. North America and Europe markets are expected to register moderate growth in terms of revenue over the forecast period, owing to increasing number of health conscious people.
Global Ice Cream market segmentation:
By Sales Type:
- Take Home
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Unilever Group
- Nestle S.A.
- General Mills, Inc.
- Blue Bell Creameries
- Lotte Confectionery
- Wells Dairy Inc.
- Turkey Hill
- Mihan Dairy Inc.
- Meiji Holdings Co. Ltd.
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