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Alcohol-Infused Ice Cream Market | Size, Share and Scope Analysis to 2031

06-26-2023 09:38 AM CET | Health & Medicine

Press release from: InsightAce Analytic Pvt. Ltd

Alcohol-Infused Ice Cream Market | Size, Share and Scope

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Alcoholic Energy Drinks Market Size, Share & Trends Analysis Report By ABV (Low Alcohol And High Alcohol), Distributional Channel (Offline And Online Stores) And Flavor (Beer, Rum, Vodka, and Others)- Market Outlook And Industry Analysis 2031"

The global alcohol-infused ice cream market is estimated to reach over USD 1.62 billion by 2031, exhibiting a CAGR of 7.97% during the forecast period.

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Alcoholic-infused ice cream is steadily gaining popularity because it combines sweetness with a mild buzz. The rising level of per capita income is influencing consumers' alcohol intake. The market favors flavorful and numerously delectable food products, and alcohol-infused ice cream is one of the goods with various flavors. Since many alcoholic beverages were utilized to make alcohol-infused ice cream, it was transformed into a diversified food product for consumers by including multiple flavors. Additionally, in addition to its sweet flavor, alcohol-infused ice cream gives customers a rush. Hard alcoholic beverages like whiskey, rum, and others raise the amount of alcohol in ice cream as well. The global alcohol-infused ice cream business is growing, yet there is a lack of understanding about alcohol-infused ice cream among consumers. As alcohol consumption increases globally, market participants will benefit from favourable opportunities in the worldwide alcohol-infused ice cream market throughout the forecast period. Because there are more options available, such as beer ice cream and rum ice cream, customers are choosing alcohol-infused ice cream due to the high use of items infused with alcohol. This gives companies in the global alcohol-infused ice cream market a more robust outlook. Moreover, the enactment of new government laws could limit market growth. In some areas, the government has imposed limitations on purchasing and distributing alcoholic beverages. In light of this, more innovation in alcohol-infused ice cream may present the potential for the market to expand.

List of Prominent Players in the Alcohol-Infused Ice Cream Market:
• Buzz Bar, LLC.
• Quore Gelato
• Speakeasy Ice Creams Limited
• Haagen-Dazs
• SnoBar Cocktails
• PROOF Alcohol-infused ice cream
• Hardscoop, Inc.
• Tipsy Scoop LLC.
• Arctic Buzz Ice Cream
• POPd Lt
• Clementine's Naughty and Nice Creamery
• Ben & Jerry's Homemade, Inc
• Aubi & Ramsa 21 Ice Cream Co.
• DizziBrands
• New Orleans Ice Cream Company
• Mercer's Dairy
• LiQ NV
• Salt & Straw, LLC.
• Jeni's Splendid Ice Creams, LLC.
• Oddfellows Ice Cream Company

Market Dynamics:
Drivers-
Major ice cream producers are also creating new frozen alcohol products with varying alcohol content. In addition, alcohol is used to prepare various dishes, and its use in ice cream has grown. Due to the growing popularity of alcohol consumption, products with alcohol in them are becoming quite popular all over the world. Products with various flavors, including rum, whiskey, wine, and others, are being introduced by speculators in the alcohol-infused ice cream market. Due to continued innovation in taste, flavors, packaging, and other areas, the public is shifting toward sophisticated, moderate, and expensive beverage-based products like alcohol-infused ice cream. Thus, throughout the forecast period, it is projected that the reasons mentioned above will bolster the expansion of the alcohol-infused ice cream market segment.

Challenges:
The main issue is a lack of awareness and recognition of products in developing nations, which is expected to slow the market's expansion for alcohol-infused ice cream. The abundance of alcoholic [products and the expensive price of alcohol-infused ice cream, however, is likely to impede the market's economic expansion over the next years.

Regional Trends:
The North America alcohol-infused ice cream market is expected to register a major market share. This is primarily due to pubs and restaurants increasing their mainstream and drunken beverages and food selections, as well as producers introducing new flavors of alcohol-infused ice cream. These regions were the primary markets for developing alcohol-infused ice cream due to higher alcohol appetite and widespread usage of alcohol in various cuisines. The presence of major players in the area also contributes to the expansion of alcohol-infused ice cream in these areas. Besides, the Asia Pacific region had a substantial share in the market due to the citizenry's widespread alcohol intake and commitment to health. The market in this area is expanding due to rising interest in customized ice cream. Significant firms are also helping the growth of the alcohol-infused ice cream market in these areas.

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Recent Developments:
• In 2020, Tipsy Scoop Introduced a new line of alcohol-infused ice creams. Six new flavors were released by the brand, including alcoholic banana foster, intoxicated gingerbread man, Holiday spiced eggnog, candy cane vodka martini, and blood orange sparkler sorbet.

Segmentation of Alcohol-Infused Ice Cream Market-
By ABV
• Low alcohol
• High alcohol
By Distribution channel
• Offline store
• Online store
By Flavor
• Beer
• Rum
• Vodka
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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