Rise in disposable income is the major key factor driving the market. In addition, growth in demand for new variations of ice creams fuels the market growth. Moreover, increase in consumption of take-home ice cream products boosts the growth of the global ice cream market. However, ice cream being a seasonal product is a major restraint of the market. In addition, health concerns associated with the ice cream products impedes the market growth. Moreover, the market for ice cream products is highly consolidated, thereby restraining its growth. Rise in demand for innovative products and development of lactose-free ice cream provide growth opportunity for market expansion.
The global ice cream market is segmented based on sales type and geography. On the basis of sales type, the market is categorized into impulse ice cream, take-home ice cream, and artisanal ice cream. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players profiled in this study include:
General Mills, Inc.
Blue Bell Creameries
Wells Dairy Inc.
Mihan Dairy Inc.
Meiji Holdings Co. Ltd
KEY BENEFITS FOR STAKEHOLDERS
The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global ice cream market to elucidate the prevailing opportunities and potential investment pockets.
It offers qualitative trends and quantitative analysis from 2016 to 2023 to assist stakeholders to understand the market scenario.
Competitive intelligence of the industry highlights the business practices followed by key players across geographies and the prevailing market opportunities.
The key players in the market are profiled along with their strategies and developments to understand the competitive outlook of the industry.
KEY MARKET SEGMENTS
By Sales Type
Impulse Ice Cream
Take-home Ice Cream
Artisanal Ice Cream
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
United Kaipara Dairies Company
Pure Ice Cream Company
International Foodstuffs Co.
Cold Stone Creamery
International Dairy Queen, Inc.
(The aforementioned companies have not been profiled in the report, but can be included on client request.)
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tool & model
CHAPTER 2. EXECUTIVE SUMMARY
2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES
CHAPTER 3. MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS
22.214.171.124. Availability of various flavored ice-cream
126.96.36.199. Rise in disposable income
188.8.131.52. Increased consumption of take-home ice cream products
184.108.40.206. Health Concerns associated with ice-cream
220.127.116.11. Seasonal product
18.104.22.168. Development of lactose-free ice-cream
3.5. MARKET SHARE ANALYSIS, 2016 (%)
CHAPTER 4. ICE CREAM MARKET, BY SALES TYPE
4.1.1. Market size and forecast
4.2. IMPULSE ICE CREAM
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.3. TAKE-HOME ICE CREAM
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.4. ARTISANAL ICE CREAM
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast
CHAPTER 5. ICE CREAM MARKET, BY GEOGRAPHY
5.1.1. Market size and forecast
5.2. NORTH AMERICA
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
22.214.171.124. Market size and forecast, By sales type
126.96.36.199. Market size and forecast, By sales type
188.8.131.52. Market size and forecast, By sales type
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
184.108.40.206. Market size and forecast, By sales type
220.127.116.11. Market size and forecast, By sales type
18.104.22.168. Market size and forecast, By sales type
22.214.171.124. Market size and forecast, By sales type
126.96.36.199. Market size and forecast, By sales type
188.8.131.52. Market size and forecast, By sales type
5.3.9. Rest of Europe
184.108.40.206. Market size and forecast, By sales type
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast
5.4.3. New Zealand
220.127.116.11. Market size and forecast, By sales type
18.104.22.168. Market size and forecast, By sales type
5.4.5. Rest of Asia-Pacific
22.214.171.124. Market size and forecast, By Sales type
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast
126.96.36.199. Market size and forecast, By sales type
188.8.131.52. Market size and forecast, By sales type
5.5.5. South Africa
184.108.40.206. Market size and forecast, By sales type
220.127.116.11. Market size and forecast, By sales type
5.5.7. Rest of LAMEA
18.104.22.168. Market size and forecast, By sales type
CHAPTER 6. COMPANY PROFILES
6.1. UNILEVER GROUP
6.1.1. Company overview
6.1.2. Company snapshot
6.1.3. Operating business segments
6.1.4. Business performance
6.1.5. Key strategic moves and developments
6.2. NESTLE S.A.
6.2.1. Company overview
6.2.2. Company snapshot
6.2.3. Operating business segments
6.2.4. Business performance
6.2.5. Key strategic moves and developments
6.3. GENERAL MILLS, INC.
6.3.1. Company overview
6.3.2. Company snapshot
6.3.3. Operating business segments
6.3.4. Business performance
6.3.5. Key strategic moves and developments
6.4.1. Company overview
6.4.2. Company snapshot
6.4.3. Operating business segments
6.4.4. Business performance
6.4.5. Key strategic moves and developments
6.5. BLUE BELL CREAMERIES
6.5.1. Company overview
6.5.2. Company snapshot
6.5.3. Operating business segments
6.5.4. Business performance
6.5.5. Key strategic moves and developments
6.6. LOTTE CONFECTIONERY
6.6.1. Company overview
6.6.2. Company snapshot
6.6.3. Operating business segments
6.6.4. Business performance
6.6.5. Key strategic moves and developments
6.7. WELLS DAIRY INC.
6.7.1. Company overview
6.7.2. Company snapshot
6.7.3. Operating business segments
6.7.4. Business performance
6.7.5. Key strategic moves and developments
6.8. TURKEY HILL
6.8.1. Company overview
6.8.2. Company snapshot
6.8.3. Operating business segments
6.8.4. Business performance
6.8.5. Key strategic moves and developments
6.9. MIHAN DAIRY INC.
6.9.1. Company overview
6.9.2. Company snapshot
6.9.3. Operating business segments
6.9.4. Business performance
6.9.5. Key strategic moves and developments
6.10. MEIJI HOLDINGS CO. LTD.
6.10.1. Company overview
6.10.2. Company snapshot
6.10.3. Operating business segments
6.10.4. Business performance
6.10.5. Key strategic moves and developments
Ice cream is a sweetened solidified nourishment made using milk and cream. The preparation of ice cream also involves natural products or different fixings and flavors. It is ordinarily sweetened with sugar or sugar substitutes. The major factors driving the market growth include rise in disposable income in emerging economies and increased preference for niche ice cream flavors. However, the seasonality of the ice cream products and health concerns associated with it act as a major restraint of the market.
In 2016, the take-home segment accounted for the highest share in the market, and is expected to maintain its dominance during the forecast period. However, the artisanal ice cream segment is projected to register the highest growth during the forecast period as it manufactured both in dairy and water-based small producers for sale on premises. It also includes branded gourmet ice cream both on and off trade.
Key Findings of the Ice Cream Market:
Europe is expected to maintain its dominant position in the market, in terms of value during the forecast period.
The take-home ice cream segment generated the highest revenue in 2016, and is projected to grow at a CAGR of 5.3% during the forecast period.
In terms of volume, the artisanal ice cream segment is projected to witness the highest CAGR of 5.7% during 2017 to 2023.
LAMEA accounted for approximately one-sixth share of the global market in 2016.
The Asia-Pacific ice cream market is anticipated to grow at the highest CAGR of 6.5% during 2017 to 2023.
North America accounted for approximately one-fourth share in the global ice cream market, and is expected to grow at a CAGR of 4.6%.
Asia-Pacific and LAMEA collectively contributed about 40% share of the global market, in terms of revenue, in 2016. The key players operating in the global ice cream market are Unilever Group Nestle S.A., General Mills, Inc., Mars, Blue Bell Creameries, Lotte Confectionery, Wells Dairy Inc., Turkey Hill, Mihan Dairy Inc., and Meiji Holdings Co. Ltd
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.