The South America ice cream market is expected to grow at a CAGR of X.X% during the forecast period, to reach a value of USD XX million by 2021. Consumer indulgence and a rise in disposable incomes drive the growth of the regional market. In Brazil, branded products account for a majority of the market penetration, in both take-home and impulse ice cream categories. Soft ice cream accounts for more than 10% of the total production in this region.
Rising disposable incomes, in line with the improved economic condition, and indulgence in ice cream products are the major factors driving the market growth in South America. The increase in the demand for ice cream products, from consumers above 50 years, is another factor that contributes to the growth of this market. Low-frequency of ice cream consumption in the South American countries, as compared to the Rest of the World, and related health concerns are noted to be the major restraints for market growth in the region. The innovative and premium segment products are expected to experience a high demand in the future, given the changing consumption pattern among the consumers.
The South America ice cream market is segmented on the basis of product shape and sales. By shape, the market is segmented into sticks, buckets, sundae, floats and frozen novelties. By sales, the market is discussed for impulsive ice cream, take-home ice cream and artisanal ice cream.
The South America ice cream market has been geographically segmented into Brazil, Argentina and others. Brazil is a major market in the region. In the past decade, there has been a rapid growth in the market in this region, due to the rising disposable incomes. In Brazil, more than 1 billion liters of ice cream was consumed in 2013. Artisanal ice cream is the most consumed and fastest-growing segment in Argentina.
The market for ice cream is highly-fragmented, due to the presence of many large and small scale vendors, who compete for innovation, pricing and distribution. Introducing lactose-free ice cream further increased the competition in this market. Kibon, a brand owned by Unilever, is responsible for 19.4% of the Brazilian ice cream market sales.
Some of the other major players in market include -
Market analysis for the South America ice cream market, with region-specific assessments and competition analysis on a regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the market on a regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions where this industry is growing and also identify the regions that are still untapped
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1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach & Methodology
2.2 Research Designs
2.3 Study Timeline
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. Key Findings of the Study
4. Market Dynamics
4.1.1 Indulgence-Driven Demand
4.1.2 Rising Consumer Disposable Income
4.2.1 Related Health concerns
4.2.2 Lower Frequency of Consumption
4.3.1 Demand for Innovative Products
4.3.2 Demand for Premium Products
4.4 Porter Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 By Recipe
220.127.116.11 Ordinary (Hard) Ice Cream
18.104.22.168 French Ice Cream
22.214.171.124 Reduced Fat Ice Cream
126.96.36.199 Light Ice Cream
188.8.131.52 Soft Ice Cream
184.108.40.206 No Sugar Added Ice Cream
220.127.116.11 Lactose-free Ice Cream
18.104.22.168 Gluten-Free Ice Cream
22.214.171.124 Organic Ice Cream
5.1.2 By Shape
126.96.36.199 Sticks (Bars)
188.8.131.52 Frozen Novelties
5.2 By Sales
5.2.1 Impulse Ice Cream
5.2.2 Take-Home Ice Cream
5.2.3 Artisanal Ice Cream
5.3 By Geography
5.3.1 South America
6. Competitive Landscape
6.1 Most Adopted Strategies
6.2 Most Active Companies
6.3 Market Share Analysis
7. Company Profiles
7.1 Arcor SAIC
7.2 Baskin- Robbins
7.3 Cia Brasileira de DistribuiÃ§Ã£o
7.4 Colombina SA
7.5 Frutos do Brasil
7.6 General Mills Inc.
7.7 Grupo Nutresa
7.10 Mil Frutas
7.12 Sorveteria Creme Mel Ltda
7.13 Sorvetes JundiÃ¡