Press release
Global Ice Cream Market: Exceptional Growth Path, Market Size and Key Drivers
Ice Cream Market
What Is The Projected Market Size Of The Global Ice Cream Market And Its Growth Rate?
The global ice cream market has exhibited strong growth patterns over recent years. Key statistics indicate:
• The market size grew from $42.07 billion in 2024 to $44.69 billion in 2025, with an impressive CAGR of 6.2%.
• Factors such as brand loyalty, seasonal demand, marketing strategies and innovative packaging have contributed to this historic growth.
• The market is predicted to continue on its growth trajectory reaching $56.96 billion in 2029, with an anticipated CAGR of 6.3%.
• The forecasted growth can be attributed to factors such as the rising trend of plant-based ingredients, health conscious choices, personalization trends, sustainability practices, and innovations in product texture and format.
What Is Driving The Growth In The Ice Cream Market?
An increase in consumer expenditure on fast food is anticipated to propel the ice cream market forward. The total amount spent by consumers on fast food items directly influences the ice cream market. Largely perceived as indulgent and convenient meal alternatives, fast food restaurants frequently offer ice cream as a dessert choice. This availability makes it easy for consumers to include it in their purchases. The booming café culture and increased millennial spending has, in particular, boosted expenditure on fast foods which indirectly affects the ice cream market.
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Who Are the Key Players Driving Ice Cream Market Growth?
The ice cream market's growth is driven by major players in the industry such as:
• Nestle S.A.
• Unilever Group Plc
• General Mills Inc.
• Blue Bell Creameries LP
• Cold Stone Creamery Inc.
• American Dairy Queen Corporation
• Danone S.A.
• Lotte Confectionery Co.Ltd.
• Inspire Brands Inc.
• Dairy Farmers of America Inc.
• Turkey Hill Dairy LP
• Wells Enterprises Inc.
• NadaMoo! R&D Room LLC
What Are The Key Trends In The Ice Cream Market?
Key trends in the ice cream market include:
• Innovative and new flavor combinations.
• Nutrient-enhanced ice cream.
• The drive towards sustainable practices and packaging.
• A focus on local and artisanal products.
• Premium and indulgent offerings.
• Boost in online and direct-to-consumer sales.
What Are The Segments Of The Global Ice Cream Market?
The global ice cream market can be segmented by:
• Type: Impulse Ice Cream, Take-Home Ice Cream, Artisanal Ice Cream
• Flavor: Vanilla, Chocolate, Fruit, Other Flavors
• Packaging: Cup, Cone, Stick, Brick, Tub, Other Packaging
• Category: Dairy, Non-Dairy
• Distribution Channels: Hypermarket Or Supermarket, Ice Cream Parlor, Online Retailer, Other Distribution Channels
Which Region Leads The Ice Cream Market?
Asia-Pacific emerged as the dominant region in the global ice cream market in 2024. This region is also anticipated to be the fastest-growing one over the forecast period. Other key regions covered in this report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Ice Cream Market Global Market Report?
- Market Size Analysis: Analyze the Ice Cream Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Ice Cream Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Ice Cream Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Ice Cream Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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