Press release
Global Ice Cream Market Size to Surpass $115.78 Billion By 2030 | Deep Market Insights
Ice cream continues to be one of the most widely consumed frozen desserts globally, supported by rising demand for indulgent treats, premium flavor varieties, and innovative product formats. As consumers seek both traditional favorites and novel sensory experiences, the ice cream industry has evolved to include artisanal creations, clean-label formulations, and healthier alternatives such as low-sugar and high-protein variants.According to Deep Market Insights, the global ice cream market was valued at USD 80.7 billion in 2024 and is projected to grow to USD 85.70 billion in 2025 and reach USD 115.78 billion by 2030, expanding at a CAGR of 6.2% during the forecast period (2025-2030).
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Key Market Drivers:
The growth of the ice cream market is primarily fueled by the rising demand for premium and artisanal products, driven by consumers' increasing interest in unique flavors, natural ingredients, and high-quality formulations. The popularity of on-the-go snacking and ready-to-eat desserts has also strengthened market demand across both retail and foodservice channels.
Additionally, the rising influence of social media trends, seasonal product launches, and experiential marketing campaigns has significantly shaped purchasing behavior, particularly among younger consumers. The shift toward better-for-you indulgence is encouraging manufacturers to innovate with low-calorie, plant-based, lactose-free, and functional ice cream offerings. Growing distribution through supermarkets, convenience stores, and online grocery platforms further enhances accessibility in developed and emerging markets.
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Regional Insights:
North America remains the leading market for ice cream, supported by high per-capita consumption, strong demand for premium brands, and continuous flavor innovation. The United States dominates the region, driven by robust retail distribution and rapid adoption of healthier ice cream alternatives.
Europe follows with steady growth in countries such as Germany, Italy, the United Kingdom, and France, where artisanal and regional specialty ice creams maintain strong appeal. Asia Pacific is projected to record the fastest growth through 2030, driven by rising disposable incomes, urbanization, and the increasing popularity of Western-style desserts in markets including China, India, Indonesia, and Japan. Latin America and the Middle East are emerging markets, characterized by expanding cold-chain infrastructure, rising café culture, and evolving consumer preferences.
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Competitor Insights:
The competitive landscape of the ice cream market is shaped by continuous innovation, brand diversification, and strategic global expansion. Key players include Nestlé S.A., Unilever PLC, General Mills, Lotte Confectionery, Mars Incorporated, Amul, Blue Bell Creameries, Wells Enterprises, Dairy Farmers of America, and Baskin-Robbins.
These companies are focusing on introducing new flavor profiles, improving texture and formulation through advanced processing technologies, and expanding their portfolios with vegan, sugar-free, and functional ice cream varieties. Strategic collaborations with foodservice chains, digital retailers, and delivery platforms are increasingly being used to broaden distribution and enhance brand visibility. Investments in sustainable sourcing, recyclable packaging, and clean-label development continue to gain traction as consumers prioritize ethical and environmentally conscious products.
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Future Outlook:
The outlook for the ice cream market remains positive, with consistent demand expected across both traditional and innovative product segments. The rise of personalized desserts, limited-edition flavor collaborations, and digitally enabled retail experiences will continue to drive market expansion.
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Deep Market Insights is a leading market research organization, specializing in research, analytics, and advisory services along with providing business insights & market research reports
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North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America…
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