Ice Cream Market Key Players | Lotte Confectionery, Blue Bell Creameries, Wells Dairy Inc., Turkey Hill, and Mihan Dairy Inc

As per the study initiated by Evolve Business Intelligence, the global Ice Cream Market size accounted for USD 74.66 Billion in 2023, growing at a CAGR of 5.1% from 2023 to 2033. Ice cream is a frozen dessert made from a mixture of cream, milk, sugar, and often other ingredients such as flavorings, sweeteners, and additives. The ingredients are combined, and the mixture is typically churned to incorporate air, creating a smooth and creamy texture. The base mixture can include various flavors, such as vanilla, chocolate, fruit, or nut extracts, resulting in a wide variety of ice cream flavors. After churning, the mixture is frozen to a low temperature to achieve a solid but scoopable consistency. Ice cream is a popular treat enjoyed in various forms, including cones, and cups, and as an accompaniment to other desserts or dishes.

Request/Download PDF Sample: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=021889

The Ice Cream market is primarily driven by consumer demand for diverse flavors, innovative product offerings, and premium and indulgent experiences, contributing to sustained growth and market expansion.

Key Players
Some of the major Ice Cream Market players holding high market shares include Lotte Confectionery, Blue Bell Creameries, Wells Dairy Inc., Turkey Hill, and Mihan Dairy Inc. These players use partnership and collaboration as key strategies to gain significant market share to compete with market leaders. Some of the other major market players include Unilever Group, Meiji Holdings Co. Ltd, Mars, General Mills, Inc., and Nestle S.A.

Report Description: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=021889

Segmental Analysis
Based on Product Type, the Ice Cream market is segmented into Impulse Ice Cream, Take Home Ice Cream, and Artisanal Ice Cream. The dominance of the Impulse Ice Cream segment in the Ice Cream market is propelled by its convenience, on-the-go appeal, and a wide range of single-serving novelty products, meeting consumers' demand for immediate and indulgent frozen treats.

Based on the Flavor, the Ice Cream market is segmented into Vanilla, Chocolate, Fruit, and Others. The dominance of the Vanilla segment in the Ice Cream market is propelled by its enduring popularity, versatility as a base for various flavors, and widespread consumer preference for its classic and timeless taste.

Based on the Distribution Channel, the Ice Cream market is segmented into Supermarkets And Hypermarkets, Convenience Stores, Specialty Stores, and Online Sales Channels. The dominance of the Supermarkets and Hypermarkets segment in the Ice Cream market is propelled by the extensive product variety, convenience, and one-stop shopping experience, facilitating widespread accessibility and consumer choices in the frozen dessert category.

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Address
Evolve Business Intelligence
C-218, 2nd floor, M-Cube
Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

This release was published on openPR.