Press release
Organic Ice Cream Market Growth Outlook with Industry Review and Forecasts
Organic Ice Cream Market size was than USD 850 million in 2016 and consumption is predicted to surpass 245 kilotons by 2024. Take home was among the leading product segment accounted for over 50% of the global organic ice cream market share in 2016. High demand from families owing to its multi serving convenience for occasions and gathering fueled product demand. Product usage in preparing cakes and sorbets has positively enhanced product demand in on trade food segment.Impulse ice cream will witness highest growth increasing at over 3.5% up to 2024. Children are the major consumer in this segment. Product innovation in terms of flavors and design at competitive prices are among the key strategies in stimulating demand. Cones, sandwiches, bars, and ice popsicles are major product types.
Artisanal ice cream will generate over USD 350 million by 2024. Factors such as handmade production process using fresh and natural ingredients are driving product demand.
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Rigid plastics packaging is the fastest growing packaging segment owing to superior product features including high impact strength convenience with attractive labeling prints. High possibilities for packaging decoration and offering aesthetic appearance are key offered benefits.
Bag, tub and wrapper are key attractive packaging. Among these, tub is expected to acquire the preference due to ease in carrying and storage feature. Recycling is one of the key growth factor as most of rigid plastics packaging are made from a single material.
Browse key industry insights spread across 300 Pages with 409 market data tables & 13 figures & charts from the report, “Organic Ice Cream Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/organic-ice-cream-market
North America organic ice cream market, led by the U.S. will surpass USD 0.51 billion by 2024. Increasing consumer health consciousness, growing number of diabetics and heart disease patients is driving consumer towards naturally resourced products.
Asia Pacific will witness significant gains over the forecast period. Increase in per capita income along with rising consumer spending for premium products will drive regional growth. New Zealand and Australia are among the key contributing countries owing to their high. As of 2015, New Zealand and Australia observed 28.4 and 18.1 per capita ice cream consumption in liter/yr.
EU is the largest exporter due to effective presence of high quality production standards and infrastructure. Germany, Belgium, France, Italy, Netherlands, Spain, Hungary, Poland, Sweden and UK are the biggest contributor. Technological advancement in terms of cold chain infrastructure transport, commercial refrigerators, freezing equipment will drive regional industry growth.
Global organic ice cream market share is fragmented and at growing stage. Most of the key players have been exploring new product launches, mergers and acquisition to enhance profitability and geographical presence.
Key industry players include Mars, Nestle, Blue Bell, Lotte Confectionary, Amul, Unilever, Mikawaya, Dean Foods, Grupo Lala, Straus Family Creamery, China Mengniu Dairy, Weight Watchers International, Bliss Unlimited, So Delicious Dairy Free, Yili Group, Tillamook, Friesland Campina and Vadilal.
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