China Ice Cream Market Size will reach US$ 40.19 Billion by 2027
Based on product type, the China ice-cream industry is categorized into artisanal, impulse and takes home. Customers are constantly moving sugar-free or low-fat ice creams, demanding artisanal ice due to the growth in the standard of living and lifestyle changes. Artisanal ice creams are handmade using natural ingredients and avoid using any kind of preservatives, artificial flavors, emulsifiers, or any taste stabilizer. As in recent years, due to the increasing health concerns regarding ice cream consumption, users prefer ice cream products that are hormone-free, GMO-free, preservative-free, additive- and dairy-free, low in calories, and organic fat-free
Furthermore, innovations in impulse ice cream packaging like Paper Bowls, Carton, Wrap, and others contribute to the growing demand for impulse ice cream in china Supermarkets and Hypermarkets, and Convenience stores as the new packaging are more comfortable to carry and store compared to the old ones
By Flavor Type: Vanilla holds a significant market share in China Ice Cream Industry
Vanilla is the most liked flavor among consumers across China, followed by chocolate, Mango, Orange, and Strawberry etc. It is a natural, rich aroma and is often substituted by artificial vanillin in ice cream production, which causes different prices of the same-flavored products
Besides, chocolate, butterscotch, and blueberry flavors are also gaining ground in China pre-mid-lifers and early young adults age groups. Young adults have become one of China’s largest spending age groups; Chinese consumers aged 20-24 are particularly interested in value-added features, such as edible containers that taste good, customized flavors/shapes.
China Ice Cream Market was US$ 23.34 Billion in 2020
The rising demand for ice cream among the millennial population in East China opts for ice cream as meal replacements. A growing preference for less processed, natural and convenient food and an increasing focus on low-calorie ice creams are growing interest in gelato, and soft serve among East China consumers. East Chinese consumers emphasize experience, and ice cream has become more than just food; it has become a product of modern life
Impact of COVID-19 on Ice Cream Industry of China
This pandemic has changed the behavior of Chinese consumers in many different ways from spending and lifestyle choices to the shopping channels used and media consumed. Even though many industries have shown negative trends due to the impact of the virus, China ice cream industry has bucked the trend and has shown positive growth. In the first month of the pandemic COVID-19 outbreak, in-home ice cream sales increased in double-digit percentage, surpassing the growth of both foods as a whole and snacking
Key Chinese Ice Cream Companies Focusing on Novel Product Launches to help Companies expand their Product Lines
The vital Chinese players such as Meiji co ltd, Haagen-Dazs, Blizzard, Magnum, YILI.Com Inc, General Mills Inc compete on different factors, including product offerings, taste, flavor, price, quality, size, functionality, packaging, and marketing activities, to gain an ambitious advantage in the market. The several active companies in the market are mainly focused on introducing new products to cater to the interests of consumers
This report China Ice Cream Market By Product Type (artisanal, impulse and takes home), Flavor Type (Vanilla, Chocolate, Mango, Orange, and Strawberry, Butterscotch, Blueberry, Others), Age Group (Kids & Babies, Tweens & Early Teens, Early Young Adults, Older Young Adults, Pre-Mid-Lifers, Mid-Lifers , Older Consumers), Packaging Type (Paper Bowls, Carton, Wrap, and others), Distribution Channel, Supermarkets and Hypermarkets, Convenience Store, Specialist Retailers, Online Retail Stores and Other), Regional Distribution (East China, South China, North China, West China, Central China, Northeast China), Company Analysis (Meiji co.ltd, Haagen-Dazs, Blizzard, Magnum, YILI.Com Inc, General Mills Inc) provides complete details on China Ice Cream Industry.
Product Type - China Ice Cream Market breakup from 3 viewpoints
1. Artisanal
2. Impulse
3. Take Home
Flavor Type - China Ice Cream Market breakup from 8 viewpoints
1. Chocolate
2. Vanilla
3. Mango
4. Orange
5. Strawberry
6. Butterscotch
7. Blueberry
8. Others
Age Group - China Ice Cream Market breakup from 7 viewpoints
1. Kids & Babies
2. Twines & Early Teens
3. Early Young Adults
4. Older Young Adults
5. Pre-Mid-Lifers
6. Mid-Lifers
7. Older Consumers
Packaging Type - China Ice Cream Market breakup from 4 viewpoints
1. Paper Bowls
2. Carton
3. Wrap
4. Others
Distribution Channel - China Ice Cream Market breakup from 5 viewpoints
1. Supermarkets and Hypermarkets
2. Convenience Store
3. Specialist Retailers
4. Online Retail Stores
5. Other
Regional Distribution - China Ice Cream Market breakup from 6 viewpoints
1. East China
2. South China
3. North China
4. West China
5. Central China
6. Northeast China
All key players have been covered from 3 viewpoints
- Overview
- Recent Developments
- Financial Insights
Company Analysis
1. Meiji co ltd
2. Haagen-Dazs
3. Blizzard, Magnum
4. YILI.Com Inc
5. General Mills Inc
Table of Contents
Companies Mentioned
- Meiji co ltd
- Haagen-Dazs
- Blizzard, Magnum
- YILI.Com Inc
- General Mills Inc
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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