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United States Ice Cream Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis

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    Report

  • 120 Pages
  • March 2024
  • Region: United States
  • Renub Research
  • ID: 5411848
United States Ice Cream Market is expected to be priced at around US$ 22.9 Billion by 2030. In contemporary America, ice cream is an enduring satisfaction, enjoying exceptional popularity. A ubiquitous treat, it transcends age and cultural limitations, evolving from a simple dessert to a loved indulgence. The market boasts an array of modern flavors, catering to numerous tastes and nutritional possibilities. Social media similarly amplifies its charm, with influencers and food enthusiasts sharing visually attractive creations. Ice cream parlors and artisanal brands thrive, offering specific reports. As a symbol of celebration, consolation, and shared moments, the popularity of ice cream in the US reflects its undying enchantment and potential to evolving culinary trends and client alternatives.

United States Ice Cream Market is forecasted to increase by a CAGR of 3.83% from 2024 to 2030

The growth is fueled by the evolution of lifestyles and the upward thrust in disposable incomes in the United States. With busy schedules and a choice for comfort, customers are searching for indulgent treats for immediate gratification. Also, better discretionary spending lets in more frequent indulgence in premium and artisanal ice cream types. People prioritize studies and excellence, so they are willing to discover new flavors and types, propelling innovation and growth in the ice cream market. This shift underscores the intersection of lifestyle changes and monetary factors propelling the ice cream enterprise.

Moreover, product advancements in the United States ice cream market focus on enhancing nutritional content material and taste profiles. Brands innovate with decreased sugar, excessive protein, and dairy-free formulations to cater to fitness-conscious purchasers. Also, they experiment with unique flavors, top-class ingredients, and artisanal techniques to raise taste reviews. With an emphasis on first-rate and innovation, those advancements address evolving consumer alternatives for healthier indulgences without compromising taste, driving increase and variety within the ice cream market.

The ice cream market is facing an increased restraint because of the growing health focus amongst consumers who devour high-calorie ice cream. One hundred grams of ice cream includes 207 calories, making it an excessive-calorie food. As a result, the demand for vegan and organic ice cream is growing in the US market. Health-aware purchasers search for plant-based options, propelling the dairy-free and natural ice cream boom. This trend indicates a shift in the direction of sustainable and moral selections. So, the United States ice cream market was US$ 17.6 Billion in 2023.

Chocolate is a favorite among consumers in the United States ice cream market

The United States ice cream market has branched into chocolate, vanilla, fruit, and others by flavors. Chocolate flavors are poised to lead the United States ice cream market. This is due to their enduring recognition and versatility. From traditional favorites like chocolate chip and fudge truffles to innovative versions like salted caramel chocolate, chocolate appeals to a vast spectrum of customers. Its wealthy, indulgent flavor satisfies cravings and gives consolation, making it a perennial choice. Chocolate remains a pinnacle desire as consumers seek familiar but interesting flavors, driving its predicted leadership inside the US ice cream market.

Impulse category within the United States ice cream market is favored

By category, the United States ice cream market is segmented into Impulse, Take-home, and Artisanal. The impulse category is positioned to increase in the ice cream market. This is owed to a growing awareness of comfort and on-the-move snacking. Impulse purchases thrive, especially in high-visitor areas like comfort shops and tourist destinations. The upward thrust of single-serve packaging and innovative product formats also caters to spontaneous cravings. As customers prioritize comfort and instantaneous gratification, the impulse class is poised to grow, reflecting evolving consumption styles in the ice cream market in the United States.

Cups and cones are becoming more desired in the United States ice cream market

The United States ice cream market is fragmented into Cups, Sticks, Cones, Bricks, Tubs, and Others by packaging type. Cups and cones are poised to dominate the US ice cream market. This is due to the fact that they offer portable and customizable options and cater to various customer possibilities. Cups provide mess-free enjoyment, ideal for on-the-move consumption, while cones give a classic and nostalgic experience. With many flavors and toppings, cups and cones remain famous, riding their expected dominance within the United States ice cream market.

Consumers in the United States prefer buying ice cream from supermarkets and hypermarkets

By distribution channel, the United States ice cream market comprises Supermarkets and hypermarkets, Convenience Stores, Specialty Stores, and Online Sales Channels. Supermarkets and hypermarkets are expected to increase their presence within the market. This is because of their extensive accessibility and giant product offerings. With purchasers increasingly searching for comfort and one-stop shopping experiences, these retail channels provide diverse ice cream brands and flavors. Moreover, promotional strategies and aggressive pricing drive impulse purchases. As supermarkets and hypermarkets enlarge their ice cream services, they may be poised to capture a more significant market share.

Key Players

Nestle SA, Unilever Group, General Mills, Danone S.A., Mondelez International, Inc., Meiji Co. Ltd., American Dairy Queen Corporation, and Blue Bell Creameries are present in the United States ice cream market.

In October 2022 - Unilever partnered with ASAP to deliver its ice cream products. Under the partnership, ASAP will also offer ice cream and treats from Unilever's virtual store, The Ice Cream Shop.

Flavor - United States Ice Cream Market breakup in 4 viewpoints:

1. Chocolate
2. Vanilla
3. Fruit
4. Others

Category - United States Ice Cream Market breakup in 3 viewpoints:

1. Impulse
2. Take-home
3. Artisanal

Packaging types - United States Ice Cream Market breakup in 6 viewpoints:

1. Cups
2. Sticks
3. Cones
4. Bricks
5. Tubs
6. Others

Distribution Channel - United States Ice Cream Market breakup in 4 viewpoints:

1. Supermarkets and hypermarkets
2. Convenience Stores
3. Specialty Stores
4. Online Sales Channels

All the Key players have been covered from 3 Viewpoints:

  • Overview
  • Recent Development
  • Revenue Analysis

Company Analysis:

1. Nestle SA
2. Unilever Group
3. General Mills
4. Danone S.A.
5. Mondelez International, Inc.
6. Meiji Co. Ltd.
7. American Dairy Queen Corporation
8. Blue Bell Creameries

Table of Contents

1. Introduction2. Research Methodology3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. United States Ice Cream Market
6. Market Share - United StatesIce Cream Market
6.1 By Flavors
6.2 By Category
6.3 By Packaging Type
6.4 By Distribution Channel
7. Flavors - United States Ice Cream Market
7.1 Chocolate
7.2 Vanilla
7.3 Fruit
7.4 Others
8. Category - United States Ice Cream Market
8.1 Impulse
8.2 Take home
8.3 Artisanal
9. Packaging Type - United States Ice Cream Market
9.1 Cup
9.2 Stick
9.3 Cone
9.4 Brick
9.5 Tub
9.6 Others
10. Distribution Channel - United States Ice Cream Market
10.1 Supermarkets and hypermarkets
10.2 Convenience Stores
10.3 Specialty Stores
10.4 Online Sales Channel
11. Porter’s Five Forces Analysis - United States Ice Cream Market
11.1 Bargaining Power of Buyers
11.2 Bargaining Power of Suppliers
11.3 Degree of Rivalry
11.4 Threat of New Entrants
11.5 Threat of Substitutes
12. SWOT Analysis - United StatesIce Cream Market
12.1 Strength
12.2 Weakness
12.3 Opportunity
12.4 Threat
13. Key Players Analysis
13.1 Nestle SA
13.1.1 Overview
13.1.2 Recent Development
13.1.3 Revenue Analysis
13.2 Unilever Group
13.2.1 Overview
13.2.2 Recent Development
13.2.3 Revenue Analysis
13.3 General Mills
13.3.1 Overview
13.3.2 Recent Development
13.3.3 Revenue Analysis
13.4 Danone S.A
13.4.1 Overview
13.4.2 Recent Development
13.4.3 Revenue Analysis
13.5 Mondelez International, Inc.
13.5.1 Overview
13.5.2 Recent Development
13.5.3 Revenue Analysis
13.6 Meiji Co. Ltd.
13.6.1 Overview
13.6.2 Recent Development
13.6.3 Revenue Analysis
13.7 American Dairy Queen Corporation
13.7.1 Overview
13.7.2 Recent Development
13.8 Blue Bell Creameries
13.8.1 Overview
13.8.2 Recent Development
List of Figure
Figure-01: United States - Ice Cream Market (Billion US$), 2019 - 2023
Figure-02: United States - Forecast for Ice Cream Market (Billion US$), 2024 - 2030
Figure-03: Flavors - Chocolate Market (Million US$), 2019 - 2023
Figure-04: Flavors - Forecast for Chocolate Market (Million US$), 2024 - 2030
Figure-05: Flavors - Vanilla Market (Million US$), 2019 - 2023
Figure-06: Flavors - Forecast for Vanilla Market (Million US$), 2024 - 2030
Figure-07: Flavors - Fruit Market (Million US$), 2019 - 2023
Figure-08: Flavors - Forecast for Fruit Market (Million US$), 2024 - 2030
Figure-09: Flavors - Others Market (Million US$), 2019 - 2023
Figure-10: Flavors - Forecast for Others Market (Million US$), 2024 - 2030
Figure-11: Category - Impulse Market (Million US$), 2019 - 2023
Figure-12: Category - Forecast for Impulse Market (Million US$), 2024 - 2030
Figure-13: Category - Take home Market (Million US$), 2019 - 2023
Figure-14: Category - Forecast for Take home Market (Million US$), 2024 - 2030
Figure-15: Category - Artisanal Market (Million US$), 2019 - 2023
Figure-16: Category - Forecast for Artisanal Market (Million US$), 2024 - 2030
Figure-17: Packaging Type - Cup Market (Million US$), 2019 - 2023
Figure-18: Packaging Type - Forecast for Cup Market (Million US$), 2024 - 2030
Figure-19: Packaging Type - Stick Market (Million US$), 2019 - 2023
Figure-20: Packaging Type - Forecast for Stick Market (Million US$), 2024 - 2030
Figure-21: Packaging Type - Cone Market (Million US$), 2019 - 2023
Figure-22: Packaging Type - Forecast for Cone Market (Million US$), 2024 - 2030
Figure-23: Packaging Type - Brick Market (Million US$), 2019 - 2023
Figure-24: Packaging Type - Forecast for Brick Market (Million US$), 2024 - 2030
Figure-25: Packaging Type - Tub Market (Million US$), 2019 - 2023
Figure-26: Packaging Type - Forecast for Tub Market (Million US$), 2024 - 2030
Figure-27: Packaging Type - Others Market (Million US$), 2019 - 2023
Figure-28: Packaging Type - Forecast for Others Market (Million US$), 2024 - 2030
Figure-29: Distribution Channel - Supermarkets and Hypermarkets Market (Million US$), 2019 - 2023
Figure-30: Distribution Channel - Forecast for Supermarkets and Hypermarkets Market (Million US$), 2024 - 2030
Figure-31: Distribution Channel - Convenience Stores Market (Million US$), 2019 - 2023
Figure-32: Distribution Channel - Forecast for Convenience Stores Market (Million US$), 2024 - 2030
Figure-33: Distribution Channel - Specialty Stores Market (Million US$), 2019 - 2023
Figure-34: Distribution Channel - Forecast for Specialty Stores Market (Million US$), 2024 - 2030
Figure-35: Distribution Channel - Online Sales Channel Market (Million US$), 2019 - 2023
Figure-36: Distribution Channel - Forecast for Online Sales Channel Market (Million US$), 2024 - 2030
Figure-37: Nestle SA - Global Revenue (Million US$), 2019 - 2023
Figure-38: Nestle SA - Forecast for Global Revenue (Million US$), 2024 - 2030
Figure-39: Unilever Group - Global Revenue (Million US$), 2019 - 2023
Figure-40: Unilever Group - Forecast for Global Revenue (Million US$), 2024 - 2030
Figure-41: General Mills - Global Revenue (Million US$), 2019 - 2023
Figure-42: General Mills - Forecast for Global Revenue (Million US$), 2024 - 2030
Figure-43: Danone S.A - Global Revenue (Million US$), 2019 - 2023
Figure-44: Danone S.A - Forecast for Global Revenue (Million US$), 2024 - 2030
Figure-45: Mondelez International, Inc. - Global Revenue (Million US$), 2019 - 2023
Figure-46: Mondelez International, Inc. - Forecast for Global Revenue (Million US$), 2024 - 2030
Figure-47: Meiji Co. Ltd. - Global Revenue (Million US$), 2019 - 2023
Figure-48: Meiji Co. Ltd. - Forecast for Global Revenue (Million US$), 2024 - 2030
List of Tables
Table-01: United State - Ice Cream Market Share by Flavor (Percent), 2019 - 2023
Table-02: United State - Forecast for Ice Cream Market Share by Flavor (Percent), 2024 - 2030
Table-03: United State - Ice Cream Market Share by Category (Percent), 2019 - 2023
Table-04: United State - Forecast for Ice Cream Market Share by Category (Percent), 2024 - 2030
Table-05: United State - Ice Cream Market Share by Packaging Type (Percent), 2019 - 2023
Table-06: United State - Forecast for Ice Cream Market Share by Packaging Type (Percent), 2024 - 2030
Table-07: United State - Ice Cream Market Share by Distribution Channel (Percent), 2019 - 2023
Table-08: United State - Forecast for Ice Cream Market Share by Distribution Channel (Percent), 2024 - 2030

Companies Mentioned

  • Nestle SA
  • Unilever Group
  • General Mills
  • Danone S.A.
  • Mondelez International, Inc.
  • Meiji Co. Ltd.
  • American Dairy Queen Corporation
  • Blue Bell Creameries

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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