South Africa Ice Cream Market Analysis (2013 - 2023)

This data guide on Ice Cream provides a complete overview of the market during the period 2010-2018, while the forecast data is provided till 2023. The data guide comprises retail sales, of various categories within Ice Cream, such as Frozen Yogurt, Take-Home Ice Cream, and Artisanal Ice Cream (Retail), along with their values, volume and channels of distribution. Furthermore, it provides an in-depth analysis of the various segments in the Ice Cream market, along with their growth perspective, which is expected to help in venturing into specific growth areas.

This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.

The South Africa Ice Cream market has been recording a CAGR of 8.73% since 2010. The Frozen Yogurt category has shown the highest growth since 2010 with a CAGR of 10.29%, and surpassed volume consumption of 1.476 Mn liters in 2018. The Multi Packs (Dairy Based) segment is expected to dominate the Impulse Ice Cream sales during the forecast period. Specialist Retailers remain an important distribution channel for the Ice Cream sales.

Some of the Key Takeaways

Dairy Based-Single Serve was the fastest growing segment in the last five years, with a CAGR of 9.92%.
Specialist Retailers is the second largest distribution channel for the sales of Ice Cream in South Africa.
The Dairy Based-Bulk Ice Cream segment is expected to dominate the Take-Home Ice Cream category sales during the forecast period.