Press release
Latin America Ice Cream Market Growth Set to Reach USD 5.6 Billion by 2033 with 2.6% CAGR
Latin America Ice Cream Market Report 2025
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 4.3 Billion
Market Forecast in 2033: USD 5.6 Billion
Market Growth Rate: 2.6%(2025-2033)
According to the latest report by IMARC Group, the Latin America ice cream market size reached USD 4.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.6 Billion by 2033, exhibiting a growth rate (CAGR) of 2.6% during 2025-2033.
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● Latin America Ice Cream Industry Trends and Drivers:
The brisk pace of development of the ice cream sector in Latin America is mainly dependent on an emerging demand for premium and novel flavors. Artisanal and regional ice creams are increasingly popular among customers, including tropical mango, passion-fruit, and guava ice creams, owing to the region's biodiversity. At the same time, there is an emerging market for low calorie sweetened, non-dairy, and dairy free ice creams. This shift in product offerings is due to increased health consciousness among consumers and those with dietary restrictions. Through social media, brands are marketing their unique products, especially to the younger population who are more inclined to sample new products, which tend to be more visually appealing. Moreover, environmental responsibility promoted in the region is supported by the use of compostable containers, making them crucial for marketing and positioning in comparison to competitors.
As is apparent, fusion cuisine is becoming more popular in the ice cream sector. Local vendors are adapting international flavors such as matcha or salted caramel to local favorites like Argentina's dulce de leche or Mexican corn-based ice creams. Experiential consumption through pop-up ice cream shops and food trucks is on the rise in urban regions catering to millennials and Gen Z. Alongside these trends, most brands are focusing on marketing ice creams with limited edition flavors.
● Latin America Ice Cream Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest Latin America Ice Cream Market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments
The report has segmented the market into the following categories:
Flavor Insights:
● Vanilla
● Chocolate
● Fruit
● Others
Category Insights:
● Impulse Ice Cream
● Take-Home Ice Cream
● Artisanal Ice Cream
Product Insights:
● Cup
● Stick
● Cone
● Brick
● Tub
● Others
Distribution Channel Insights:
● Supermarkets and Hypermarkets
● Convenience Stores
● Ice Cream Parlors
● Online Stores
● Others
Country Insights:
● Brazil
● Mexico
● Argentina
● Colombia
● Chile
● Peru
● Others
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the Latin America Ice Cream industry.
Key highlights of the Report:
● Market Performance (2019-2024)
● Market Outlook (2025-2033)
● COVID-19 Impact on the Market
● Porter's Five Forces Analysis
● Strategic Recommendations
● Historical, Current and Future Market Trends
● Market Drivers and Success Factors
● SWOT Analysis
● Structure of the Market
● Value Chain Analysis
● Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Contact Us:
IMARC Group
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Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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