Ice Cream Market Global Report by Products (Sticks/Bars, Cones & Cups, Tubs & Bricks, Others), Category (Dairy Based, Non-Dairy Based), Type (Impulse, Take home, Artisanal), Flavor (Chocolate, Vanilla, Fruit, Others), Distribution Channel (Supermarkets and hypermarkets, Convenience Stores, Specialty Stores, Online Sales Channel), Countries and Company Analysis 2025-2033
Buy NowGlobal Ice Cream Market Size
Ice Cream market is expected to reach US$ 125.62 billion by 2033 from US$ 80.03 billion in 2024, with a CAGR of 5.14 % from 2025 to 2033. Seasonal and limited-time products, global development into emerging markets, changing consumer preferences for healthier and inventive options, and a growing emphasis on sustainability and ethical standards are all driving the market's steady rise.
Ice Cream Industry Overview
Either genuine sugar or artificial sweeteners are used to sweeten dairy products like ice cream. There are many different types of ice cream available from the companies in the market, including low-fat, soft, light, and hard varieties. The ideal time of year to eat ice cream and related products is definitely in the summer. The expansion of the ice cream industry is being driven by the availability of a large variety of flavored ice creams. Consequently, consumers of ice cream pay more for these products, increasing market income. Rising consumer spending on fast food, extensive R&D efforts to create innovative product kinds, and easy product accessibility are expected to propel the global market.
Report Features | Details |
Base Year |
2024 |
Forecast Years |
2025 - 2033 |
Historical Years |
2020 - 2024 |
Market Size in 2024 |
US$ 80.03 Billion |
Market Forecast in 2033 |
US$ 125.62 Billion |
Market Growth Rate (2025-2033) |
5.14% |
Nowadays, ice cream made with unique components with known nutritional and physiological benefits, like probiotics, prebiotics, and natural antioxidants, is being produced in response to consumers' growing desire for healthy and functional foods. A premiumized product is typically created employing an inventive production technique with high-end, uncommon, and costly ingredients. The constant expansion of premiumized product possibilities is anticipated to be supported by rapid urbanization, growing millennial product popularity, and growing café culture. Additionally, the market is expected to rise in the upcoming years due to the growing number of artisanal ice cream stores and rising customer spending on higher-end products that guarantee desserts made with natural ingredients and traditional processes. Value-added ice creams, like those made with frozen yogurt, sherbet, or low-fat ice cream, have been more popular in recent years, according to data from the U.S. Department of Agriculture. In 2022, the average consumer consumed 12 pounds of normal ice cream, down from 18 pounds in 2021.
Growth Drivers for the Ice Cream Market
Novel Tastes and Selections
In order to satisfy consumer demands for novel and intriguing flavors, the ice cream industry is always changing. Adventuresome palates are drawn to novel and unusual flavor combinations, which are becoming more and more popular. The variety of product choices is enhanced by unusual inclusions and textures, such as fruit swirls, cookie dough bits, or even surprising savory components. This tendency keeps customers interested and encourages brand loyalty, which propels market expansion.
Market Expansion Worldwide
The traditional ice cream-producing locations are not the only places in the world where ice cream is sold. Manufacturers are reaching out to growing markets, especially in Latin America and Asia-Pacific. The demand for high-end ice cream products is rising in these areas along with disposable incomes. Opportunities for market expansion and product diversification to accommodate a range of cultural tastes and preferences are presented by this worldwide expansion.
Expanding Ethical and Sustainable Practices
Consumer decisions in the ice cream sector are being influenced by ethical and sustainable business practices. Customers are searching more and more for companies that value ethical production methods, properly sourced materials, and environmentally friendly packaging. In addition to meeting consumer expectations, ice cream producers who use transparent and sustainable practices stand out in a crowded market and draw in eco-aware customers.
Seasonal and Temporary Products
Ice cream sales are significantly influenced by limited-edition and seasonal products. Holidays and seasonal themes are used by manufacturers to launch unique flavors and promotions. Fruity and refreshing flavors, for example, are more prevalent in the summer, while decadent and celebratory ones are more prevalent in the winter. This tactic boosts sales all year long by building consumer anticipation and promoting repeat business.
Challenges in the Ice Cream Market
Seasonality and Short Shelf Life Will Affect Performance
As a frozen dairy product, ice cream will eventually go bad (typically within two to three months), but improper storage can cause it to go bad in as little as a few days. A product kept in a stale storage environment will typically grow germs and a bad odor. Additionally, it may detect volatile flavors that have been absorbed from the storage environment, such paint and ammonia. Therefore, it is anticipated that the product's high storage costs will impede market expansion. Additionally, the product's demand often peaks in the summer, but market participants may observe a steep decline in demand during the winter and monsoon seasons, which could further impede market expansion. It is anticipated that the advent of healthier substitutes, including yogurt, will hinder the market's expansion. For example, according to the U.S. Department of Agriculture (USDA), around 4.7 billion pounds of yogurt were consumed in the United States in 2021.
Rising Raw Material Costs
Since essential ingredients like milk, cream, sugar, and flavorings frequently change in price, the ice cream industry faces a serious threat from rising raw material costs. Because of this uncertainty, production costs may become unpredictable, making it challenging for manufacturers to maintain steady profit margins. Additionally, obtaining premium or organic ingredients—which are becoming more and more in demand from health-conscious consumers—can raise costs considerably. For example, natural sweeteners and organic dairy products are typically more expensive than their standard counterparts. Demand may be impacted if these growing expenses are passed on to customers, especially in markets where prices are crucial. To remain competitive, manufacturers must strike a balance between the demand for premium ingredients and cost-cutting strategies, such as streamlining production procedures or modifying product offerings.
Paraffin tubs and packaged containers lead due to versatility and convenience
These prominent formats cater to purchasers searching for cost for money and extended leisure, aligning with the fashion of shared experiences. Tubs additionally accommodate a wider variety of flavors and mix-ins, presenting variety in a single purchase. Their freezer-friendly storage makes them handy for households, promoting repeat purchases. Furthermore, the packaging allows effective branding and advertising techniques, enhancing product visibility on safe shelves. The popularity of tubs and bricks reflects a client's preference for flexibility, diverse options, and the benefit of enjoying ice cream at their tempo.
Dairy-based category holds the largest share of the Ice Cream Market
The traditional appeal, rich and creamy texture, and substantial familiarity of ice cream to customers globally may be attributed to the dominance of the dairy-based category in the worldwide ice cream market. Dairy ice creams, generally made with milk and cream, provide a comforting and extravagant experience that resonates with a broad target market. Also, the versatile nature of dairy ingredients permits a vast range of flavor profiles and innovations, attracting clients searching for traditional and novel alternatives. Despite the rise of non-dairy options, conventional dairy ice cream's inherent recognition and sensory satisfaction maintain their stronghold, making them a preferred desire for plenty of customers globally.
Impulse ice cream leads the market due to convenience and immediacy
Positioned strategically in retail areas, these single-serve treats capitalize on customers' spontaneous cravings, prompting impulse purchases. The grab-and-go nature of impulse ice creams aligns with contemporary, fast-paced life, making them popular amongst on-the-go consumers. Also, the impulse class often functions in quite a few flavors and novelty items, enhancing its beauty. The strategic placement close to checkout counters and in excessive-traffic areas further boosts income, contributing to the overall prominence of impulse-type ice creams in the international market.
Vanilla ice cream's popularity stems from its timeless, universally loved flavor
Serving as a bendy base, vanilla enhances various toppings and blend-ins, making it a canvas for personalization. Its subtle sweetness appeals to a wide consumer base and people with numerous taste options. Moreover, vanilla serves as a complementary flavor in countless dessert combos. With its familiarity and great recognition, vanilla transcends cultural obstacles, making it a secure desire for manufacturers searching for huge market reputation. The enduring attraction of vanilla within the ice cream marketplace presentations it’s potential to face a conventional, comforting choice for consumers across the globe.
Specialty shops dominate the ice cream market with immersive consumer experiences
The specialty expertise establishments provide a curated choice of brilliant, artisanal ice creams, often with specific flavors and top-class elements, catering to discerning buyers seeking an additional indulgent and personalized treat. The environment and expertly crafted offerings create a memorable and a fun ecosystem, enhancing consumer loyalty. Also, specialty stores regularly embody creativity and experimentation, introducing innovative flavors and serving patterns that set them apart from industrially produced alternatives. This emphasis on excellent range and a greater appropriate purchaser establishes specialty stores as a dominant pressure inside the evolving ice cream market.
Ice Cream Market Overview by Regions
By Country, the Ice Cream Market is broken up into United States, Canada, France, Germany, Italy, Spain, United Kingdom, Belgium, Netherlands, Turkey, China, Japan, India, South Korea, Thailand, Malaysia, Indonesia, Australia, New Zealand, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, and UAE.
United States Ice-Cream Market
The desire from consumers for a wide variety of flavors, cutting-edge goods, and high-end selections has made the US ice cream market one of the biggest and most vibrant in the world. Its continuous expansion is attributed to rising disposable incomes and a strong heritage of ice cream consumption. Health-conscious consumers are driving the market's need for better substitutes, such as reduced-sugar, dairy-free, and low-fat solutions. Indulgent, high-end, and handcrafted ice cream products have also become more popular as consumers look for unusual and exotic flavors. Seasonal spending is still important, particularly during the summer, and sales are also influenced by impulsive purchases made at supermarkets, convenience stores, and specialized shops. Trends like plant-based ice creams and unusual flavor combinations are influencing the future expansion of the U.S. ice cream business, which is continually changing.
The market is defined by the rising demand, particularly in the United States, for vegan and lactose-free ice cream, which is being bolstered by new product development. For example, the ice cream business Cold Stone Creamery debuted a completely vegan Silk Chocolate Almondmilk Frozen Dessert in the United States in January 2022.
United Kingdom Ice Cream Market
The market for ice cream in the UK is expanding steadily due to consumer desire for high-end goods, creative flavors, and healthier substitutes. While traditional dairy ice cream is still popular, as more people look for healthier options, plant-based, dairy-free, and low-calorie varieties are becoming more and more popular. In addition to traditional favorites like vanilla and chocolate, unique and artisanal flavors are becoming more and more popular. Demand is heavily influenced by seasonality, with warmer months seeing increased sales, but year-round consumption is also fueled by impulsive buys and novelty products. Key distribution channels include supermarkets, convenience stores, and specialty shops; internet shopping is also growing in significance. Sustainability trends also have an impact on the UK market, as eco-friendly packaging and goods obtained ethically gain popularity.
For example, the Italian gelato company Amorino announced in February 2023 that it was expanding its franchise in the UK through a collaboration with Seeds Consulting, a food franchise specialist. The brand's concentration on organic flavors and environmentally responsible production techniques has earned it numerous accolades.
India Ice-Cream Market
Due to rising disposable incomes, a burgeoning middle class, and a trend for indulging in frozen treats, the Indian ice cream business is growing quickly. India has always preferred dairy-based ice creams, although there is a growing market for premium goods and novel, inventive flavors. Although year-round consumption is also rising as a result of shifting lifestyle choices, seasonal use is still substantial, especially during the warmer months. As customers become more health conscious, the market is witnessing a boom in demand for healthier substitutes, such as plant-based, sugar-free, and low-fat ice creams. Accessibility has increased with the rise of contemporary retail formats, such as supermarkets, hypermarkets, and internet platforms. Furthermore, regional flavors are being innovated by international brands and local companies, resulting in a dynamic and competitive market environment. Due to rising urbanization and changing consumer preferences, the industry is expected to expand.
As on 12 April 2024, in order to satisfy changing tastes with traditional and creative blends for a wonderful experience, Havmor, an ice cream company owned by LOTTE Wellfood Co Ltd, introduced new flavors prior to the summer heatwave. Likewise, February 17, 2024, NIC Waffle Cones are the newest product from NIC Honestly Crafted Ice Creams. These crunchy cones went well with NIC's ice creams, which were kept fresh and crunchy through vacuum packing.
United Arab Emirates Ice Cream Market
A young and diversified population, rising disposable incomes, and a growing desire for decadent frozen desserts are all contributing factors to the United Arab Emirates' (UAE) ice cream market's strong growth. Although people like eating ice cream all year round, demand is particularly high in the sweltering summer months. However, the industry is also being driven by a growing taste for high-end, artisanal, and distinctive flavors. Though there is growing interest in dairy-free, low-sugar, and healthier options, traditional dairy-based ice creams still predominate. The growing appeal of global brands and the existence of regionally specific flavors offered by local competitors both have an impact on the market. Supermarkets, convenience stores, and specialty ice cream shops are examples of retail establishments that are essential to distribution. The ice cream market is expected to continue growing as a result of the UAE's emphasis on luxury and innovation.
Products – Market breakup in 4 viewpoints:
1. Sticks/Bars
2. Cones & Cups
3. Tubs & Bricks
4. Others
Category – Market breakup in 2 viewpoints:
1. Dairy Based
2. Non-Dairy Based
Type – Market breakup in 3 viewpoints:
1. Impulse
2. Take home
3. Artisanal
Flavor – Market breakup in 4 viewpoints:
1. Chocolate
2. Vanilla
3. Fruit
4. Others
Distribution Channel – Market breakup in 4 viewpoints:
1. Supermarkets and hypermarkets
2. Convenience Stores
3. Specialty Stores
4. Online Sales Channel
Countries – Market breakup in 25 Country Ice Cream Industry viewpoints:
1. North America
1.1 United States
1.2 Canada
2. Europe
2.1 France
2.2 Germany
2.3 Italy
2.4 Spain
2.5 United Kingdom
2.6 Belgium
2.7 Netherland
2.8 Turkey
3. Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 South Korea
3.5 Thailand
3.6 Malaysia
3.7 Indonesia
3.8 Australia
3.9 New Zealand
4. Latin America
4.1 Brazil
4.2 Mexico
4.3 Argentina
5. Middle East & Africa
5.1 Saudi Arabia
5.2 UAE
5.3 South Africa
All the Key players have been covered from 3 Viewpoints:
• Overview
• Recent Developments
• Revenue Analysis
Company Analysis:
1. Meiji CO. Ltd
2. General Mills Inc.
3. Yili Group
4. Unilever Group
5. Mondelez International
6. Nestle S.A.
7. Bright Dairy & Food Co. Ltd
8. Danone S.A.
Report Details:
Report Features | Details |
Base Year |
2024 |
Historical Period |
2020 - 2024 |
Forecast Period |
2025 - 2033 |
Market |
US$ Billion |
Segment Covered |
Product Type, Lead Type, End User and Countries |
Countries Covered |
|
Companies Covered |
|
Customization Scope |
20% Free Customization |
Post-Sale Analyst Support |
1 Year (52 Weeks) |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request) |
Customization Services available
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1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Ice Cream Market
6. Market Share
6.1 By Product
6.2 By Category
6.3 By Type
6.4 By Flavours
6.5 By Distribution Channel
6.6 By Countries
7. Product
7.1 Sticks/Bars
7.2 Cones & Cups
7.3 Tubs & Bricks
7.4 Others
8. Category
8.1 Dairy Based
8.2 Non-Dairy Based
9. Type
9.1 Impulse
9.2 Take home
9.3 Artisanal
10. Flavours
10.1 Chocolate
10.2 Vanilla
10.3 Fruit
10.4 Others
11. Distribution Channel
11.1 Supermarkets and Hypermarkets
11.2 Convenience Stores
11.3 Specialty Stores
11.4 Online Sales Channel
12. Countries
12.1 North America
12.1.1 United States
12.1.2 Canada
12.2 Europe
12.2.1 France
12.2.2 Germany
12.2.3 Italy
12.2.4 Spain
12.2.5 United Kingdom
12.2.6 Belgium
12.2.7 Netherland
12.2.8 Turkey
12.3 Asia Pacific
12.3.1 China
12.3.2 Japan
12.3.3 India
12.3.4 South Korea
12.3.5 Thailand
12.3.6 Malaysia
12.3.7 Indonesia
12.3.8 Australia
12.3.9 New Zealand
12.4 Latin America
12.4.1 Brazil
12.4.2 Mexico
12.4.3 Argentina
12.5 Middle East & Africa
12.5.1 Saudi Arabia
12.5.2 UAE
12.5.3 South Africa
13 Porter’s Five Forces Analysis
13.1 Bargaining Power of Buyers
13.2 Bargaining Power of Suppliers
13.3 Degree of Rivalry
13.4 Threat of New Entrants
13.5 Threat of Substitutes
14 SWOT Analysis
14.1 Strength
14.2 Weakness
14.3 Opportunity
14.4 Threat
15 Key Players Analysis
15.1 Meiji co ltd.
15.1.1 Overview
15.1.2 Recent Development
15.1.3 Revenue Analysis
15.2 General Mills
15.2.1 Overview
15.2.2 Recent Development
15.2.3 Revenue Analysis
15.3 Yili Group
15.3.1 Overview
15.3.2 Recent Development
15.3.3 Revenue Analysis
15.4 Unilever Group
15.4.1 Overview
15.4.2 Recent Development
15.4.3 Revenue Analysis
15.5 Mondelez International, Inc.
15.5.1 Overview
15.5.2 Recent Development
15.5.3 Revenue Analysis
15.6 Nestlé SA
15.6.1 Overview
15.6.2 Recent Development
15.6.3 Revenue Analysis
15.7 Bright Dairy & Food Co. Ltd.
15.7.1 Overview
15.7.2 Recent Development
15.7.3 Revenue Analysis
15.8 Danone S.A.
15.8.1 Overview
15.8.2 Recent Development
15.8.3 Revenue Analysis
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