Europe Ice Cream Market Forecast 2021-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis

The ice cream had its origins in Europe; it is known as a traditional and favorite dessert. It is a sweetened iced food typically eaten as a snack or dessert. Ice cream is promoted as an effective delivery medium for probiotic organisms. Already a hotspot for luxury cakes, Europe welcomed top-quality ice cream into the product mix. Owing to increasing health-consciousness among the consumers and a rise in the lifestyle diseases like obesity, ice creams without dairy ingredients are gaining momentum in the European industry. According to this report, European Ice Cream Industry will grow with a CAGR of 4.59% during 2021-2027.

Average consumption of ice cream across Europe is 6. 20 liters per/capita Per Year

Furthermore, various ice cream products with different nutritional values are available on the European market; they provide great taste, enjoyment, refreshment, happiness and pleasure to consumers of all ages. The per capita consumption of ice-cream is high in Europe because it is a country filled with traditional ice cream of more than 100 varieties. The ice-cream industry has great potential for growth in the country due to good cold chain infrastructure, growing disposable income and changing lifestyle of the people. According to EuroGlaces (European Ice Cream Association), the average consumption of ice cream across Europe is 6. 20 liters per/capita per year.

Europe Ice Cream Market Size will reach US$ 28.4 Billion by 2027

European is choosing Premium ice cream due to the preferred flavors in individual premium portions are authentic and original combinations. Premium ice cream has fewer air particles per ice cream particle, and it has a higher percentage of butterfat. Additionally, with the rapidly growing urbanization and improving technology advancements in the European dairy sector, the demand for luxury ice cream and daily ice cream desserts products continues to rise steeply in the European marketplace. The utilization of novel ingredients like whole milk, skim milk and sweetening & flavoring agent are the main factors raising the annual revenue of the European ice cream market.

Europe Ice Cream Market was US$ 21.7 Billion in 2021

The German ice cream sector is driven by the take-home and Impulse ice cream' category. Take-home is getting popular among the higher-income consumers as well among the younger buyers. Hypermarkets & supermarkets are the leading channels for the distribution of Take-Home ice cream in the country. It includes multiple-serving ice cream tubs and ice-cream cakes.

While there is escalating demand for impulse ice cream due to favorable climatic conditions (moderately hot and humid) for consuming ice creams in Germany. An Increased impulse variety of flavors, especially the innovative ones like Prosciutto and Whisky Prune, have acted as a catalyst for demand generation of ice cream in the country. As per Statista, in 2018, around 14.31 million people in the German population aged 14 and over had eaten impulse ice cream.

Impact of COVID-19 on Europe Ice Cream Industry

The European ice cream industry had suffered during COVID-19 due to supply chain disruptions that impacted the ice cream sales. Due to the economic slowdown in the COVID-19 pandemic and a declining demographic, market revenues continue to hit the ice cream industry by rising health issues concerning lifestyle diseases and the pandemic. Also, European people were avoiding ice cream as they felt it made them susceptible to COVID-19.

Key European Ice Cream Companies Focusing on Novel Product Launches to help Companies expand their Product Lines

Major players such as General Mills Inc., Nestle S.A., Unilever, Baskin Robbins, Lotus Bakeries are focusing on fresh and healthy, launching innovative and affordable products for maintaining their market prominence in the European market. Companies are also focusing on the sustainable and suitable packaging of the product to attract consumers.

This Report “Europe Ice Cream Market By Product Type (artisanal, impulse and takes home), Ingredients (Whole Milk, Skim Milk, Cream, Sweetening & Flavoring Agent, Other (Egg Yolk, Stabilizers, Emulsifiers)), Category (Choc Snacks, Premium Ice-Cream, Luxury Ice Cream, Filled Cones, Children's, Standard Ice-Cream, Adult Refresh, and Daily Ice Cream Desserts, and Individual Ice-Cream), Application (Commercial, Residential), Distribution Channels (On Tread, Hypermarket & Supermarket, Food & Drink Specialists, Convenience Stores and Others), producing country (Germany, Italy, Spain, France and United Kingdom), Companies (General Mills Inc., Nestle S.A., Unilever, Baskin Robbins, Lotus Bakeries) provides complete details on Europe Ice Cream Industry.

Product Type – Europe Ice Cream Market breakup from 3 viewpoints

1. Artisanal
2. Impulse
3. Take Home

Ingredients – Europe Ice Cream Market breakup from 5 viewpoints

1. Whole Milk
2. Skim Milk
3. Cream
4. Sweetening & Flavoring Agent
5. Other (Egg Yolk, Stabilizers, Emulsifiers)

Category – Europe Ice Cream Market breakup from 9 viewpoints

1. Choc Snacks
2. Premium Ice-Cream
3. Luxury Ice Cream
4. Filled Cones
5. Children’s
6. Standard Ice-Cream
7. Adult Refresh
8. Daily Ice Cream Desserts
9. Individual Ice-Cream

Application – Europe Ice Cream Market breakup from 2 viewpoints

1. Commercial
2. Residential

Distribution Channels – Europe Ice Cream Market breakup from 5 viewpoints

1. On Tread
2. Hypermarket & Supermarket
3. Food & Drink Specialists
4. Convenience Stores
5. Others

Producing country – Europe Ice Cream Market breakup from 5 viewpoints

1. Germany
2. Italy
3. Spain
4. France
5. United Kingdom

All key players have been covered from 3 viewpoints

Overview
Recent Developments
Financial Insights

Company Analysis

1. General Mills Inc.
2. Nestle S.A.
3. Unilever
4. Baskin Robbins
5. Lotus Bakeries

Frequently Asked Questions about the European Ice Cream Market

What is the estimated value of the European Ice Cream Market?

The European Ice Cream Market was estimated to be valued at $21.7 Billion in 2021.

What is the growth rate of the European Ice Cream Market?

The growth rate of the European Ice Cream Market is 4.6%, with an estimated value of $28.4 Billion by 2027.

What is the forecasted size of the European Ice Cream Market?

The European Ice Cream Market is estimated to be worth $28.4 Billion by 2027.

Who are the key companies in the European Ice Cream Market?

Key companies in the European Ice Cream Market include General Mills Inc., Nestle S.A., Unilever and Lotus Bakeries.

Report Attribute	Details
No. of Pages	185
Published	November 2021
Forecast Period	2021 - 2027
Estimated Market Value ( USD ) in 2021	$ 21.7 Billion
Forecasted Market Value ( USD ) by 2027	$ 28.4 Billion
Compound Annual Growth Rate	4.6%
Regions Covered	Europe
No. of Companies Mentioned	5

1. Introduction2. Research & Methodology3. Executive Summary

4. Market Dynamics

4.1 Growth Drivers
4.2 Challenges

5. Europe Ice Cream Market

6. Europe Ice Cream Market Share Analysis

6.1 By Product Type
6.2 By Ingredients
6.3 By Category
6.4 By Application
6.5 By Distribution Channels

7. By Product Type – Europe Ice Cream Market

7.1 Artisanal
7.2 Impulse
7.3 Take Home

8. By Ingredients – Europe Ice Cream Market

8.1 Whole Milk
8.2 Skim Milk
8.3 Cream
8.4 Sweetening & Flavoring Agent
8.5 Other (Egg Yolk, Stabilizers, Emulsifiers)

9. By Category – Europe Ice Cream Market

9.1 Choc Snacks
9.2 Premium Ice-Cream
9.3 Luxury Ice Cream
9.4 Filled Cones
9.5 Children’s
9.6 Standard Ice-Cream
9.7 Adult Refresh
9.8 Daily Ice Cream Desserts
9.9 Individual Ice-Cream

10. By Application – Europe Ice Cream Market

10.1 Commercial
10.2 Residential

11. By Distribution Channels – Europe Ice Cream Market

11.1 On Tread
11.2 Hypermarket & Supermarket
11.3 Food & Drink Specialists
11.4 Convenience Stores
11.5 Others

12. By Producing country – Europe Ice Cream Market

12.1 Germany
12.2 Italy
12.3 Spain
12.4 France
12.5 United Kingdom

13. Porters Five Forces

13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14. Key Players

14.1 General Mills Inc.
14.1.1 Overview
14.1.2 Recent Development
14.1.3 Revenue
14.2 Nestle S.A.
14.2.1 Overview
14.2.2 Recent Development
14.2.3 Revenue
14.3 Unilever
14.3.1 Overview
14.3.2 Recent Development
14.3.3 Revenue
14.4 Baskin Robbins
14.4.1 Overview
14.4.2 Recent Development
14.4.3 Revenue
14.5 Lotus Bakeries
14.5.1 Overview
14.5.2 Recent Development
14.5.3 Revenue

List Of Figures:

Figure-01: Europe Ice Cream Market (Million US$), 2016 – 2021
Figure-02: Forecast for – Europe Ice Cream Market (Million US$), 2022 – 2027
Figure-03: Product Type – Artisanal Market (Million US$), 2016 – 2021
Figure-04: Product Type – Forecast for Artisanal Market (Million US$), 2022 – 2027
Figure-05: Product Type – Impulse Market (Million US$), 2016 – 2021
Figure-06: Product Type – Forecast for Impulse Market (Million US$), 2022 – 2027
Figure-07: Product Type – Take Home Market (Million US$), 2016 – 2021
Figure-08: Product Type – Forecast for Take Home Market (Million US$), 2022 – 2027
Figure-09: Ingredients – Whole Milk Market (Million US$), 2016 – 2021
Figure-10: Ingredients – Forecast for Whole Milk Market (Million US$), 2022 – 2027
Figure-11: Ingredients – Skim Milk Market (Million US$), 2016 – 2021
Figure-12: Ingredients – Forecast for Skim Milk Market (Million US$), 2022 – 2027
Figure-13: Ingredients – Cream Market (Million US$), 2016 – 2021
Figure-14: Ingredients – Forecast for Cream Market (Million US$), 2022 – 2027
Figure-15: Ingredients – Sweetening & Flavoring Agent Market (Million US$), 2016 – 2021
Figure-16: Ingredients – Forecast for Sweetening & Flavoring Agent Market (Million US$), 2022 – 2027
Figure-17: Ingredients – Other (Egg Yolk, Stabilizers, Emulsifiers) Market (Million US$), 2016 – 2021
Figure-18: Ingredients – Forecast for Other (Egg Yolk, Stabilizers, Emulsifiers) Market (Million US$), 2022 – 2027
Figure-19: Category – Choc Snacks Market (Million US$), 2016 – 2021
Figure-20: Category – Forecast for Choc Snacks Market (Million US$), 2022 – 2027
Figure-21: Category – Premium Ice-Cream Market (Million US$), 2016 – 2021
Figure-22: Category – Forecast for Premium Ice-Cream Market (Million US$), 2022 – 2027
Figure-23: Category – Luxury Ice Cream Market (Million US$), 2016 – 2021
Figure-24: Category – Forecast for Luxury Ice Cream Market (Million US$), 2022 – 2027
Figure-25: Category – Filled Cones Market (Million US$), 2016 – 2021
Figure-26: Category – Forecast for Filled Cones Market (Million US$), 2022 – 2027
Figure-27: Category – Children’s Market (Million US$), 2016 – 2021
Figure-28: Category – Forecast for Children’s Market (Million US$), 2022 – 2027
Figure-29: Category – Standard Ice-Cream Market (Million US$), 2016 – 2021
Figure-30: Category – Forecast for Standard Ice-Cream Market (Million US$), 2022 – 2027
Figure-31: Category – Adult Refresh Market (Million US$), 2016 – 2021
Figure-32: Category – Forecast for Adult Refresh Market (Million US$), 2022 – 2027
Figure-33: Category – Daily Ice Cream Desserts Market (Million US$), 2016 – 2021
Figure-34: Category – Forecast for Daily Ice Cream Desserts Market (Million US$), 2022 – 2027
Figure-35: Category – Individual Ice-Cream Market (Million US$), 2022 – 2028
Figure-36: Category – Forecast for Individual Ice-Cream Market (Million US$), 2022 – 2029
Figure-37: Application – Commercial Market (Million US$), 2022 – 2030
Figure-38: Application – Forecast for Commercial Market (Million US$), 2022 – 2031
Figure-39: Application – Residential Market (Million US$), 2022 – 2032
Figure-40: Application – Forecast for Residential Market (Million US$), 2022 – 2033
Figure-41: Distribution Channels – On Tread Market (Million US$), 2022 – 2034
Figure-42: Distribution Channels – Forecast for On Tread Market (Million US$), 2022 – 2035
Figure-43: Distribution Channels – Hypermarket & Supermarket Market (Million US$), 2022 – 2036
Figure-44: Distribution Channels – Forecast for Hypermarket & Supermarket Market (Million US$), 2022 – 2037
Figure-45: Distribution Channels – Food & Drink Specialists Market (Million US$), 2022 – 2038
Figure-46: Distribution Channels – Forecast for Food & Drink Specialists Market (Million US$), 2022 – 2027
Figure-47: Distribution Channels – Convenience Stores Market (Million US$), 2016 – 2021
Figure-48: Distribution Channels – Forecast for Convenience Stores Market (Million US$), 2022 – 2027
Figure-49: Distribution Channels – Others Market (Million US$), 2016 – 2021
Figure-50: Distribution Channels – Forecast for Others Market (Million US$), 2022 – 2027
Figure-51: Germany – Ice Cream Market (Million US$), 2016 – 2021
Figure-52: Germany – Forecast for Ice Cream Market (Million US$), 2022 – 2027
Figure-53: Italy – Ice Cream Market (Million US$), 2016 – 2021
Figure-54: Italy – Forecast for Ice Cream Market (Million US$), 2022 – 2027
Figure-55: Spain – Ice Cream Market (Million US$), 2016 – 2021
Figure-56: Spain – Forecast for Ice Cream Market (Million US$), 2022 – 2027
Figure-57: France – Ice Cream Market (Million US$), 2016 – 2021
Figure-58: France – Forecast for Ice Cream Market (Million US$), 2022 – 2027
Figure-59: United Kingdom – Ice Cream Market (Million US$), 2016 – 2021
Figure-60: United Kingdom – Forecast for Ice Cream Market (Million US$), 2022 – 2027
Figure-61: General Mills Inc. – Global Revenue (Million US$), 2016 – 2021
Figure-62: General Mills Inc. – Forecast for Global Revenue (Million US$), 2022 – 2027
Figure-63: Nestle S.A. – Global Revenue (Million US$), 2016 – 2021
Figure-64: Nestle S.A. – Forecast for Global Revenue (Million US$), 2022 – 2027
Figure-65: Unilever – Global Revenue (Million US$), 2016 – 2021
Figure-66: Unilever – Forecast for Global Revenue (Million US$), 2022 – 2027
Figure-67: Baskin Robbins – Global Revenue (Million US$), 2016 – 2021
Figure-68: Baskin Robbins – Forecast for Global Revenue (Million US$), 2022 – 2027
Figure-69: Lotus Bakeries – Global Revenue (Million US$), 2016 – 2021
Figure-70: Lotus Bakeries – Forecast for Global Revenue (Million US$), 2022 – 2027

List Of Tables:

Table-01: Europe Ice Cream Market Share by Product Type (Percent), 2016 – 2021
Table-02: Forecast for – Europe Ice Cream Market Share by Product Type (Percent), 2022 – 2027
Table-03: Europe Ice Cream Market Share by Ingredients (Percent), 2016 – 2021
Table-04: Forecast for – Europe Ice Cream Market Share by Ingredients (Percent), 2022 – 2027
Table-05: Europe Ice Cream Market Share by Category (Percent), 2016 – 2021
Table-06: Forecast for – Europe Ice Cream Market Share by Category (Percent), 2022 – 2027
Table-07: Europe Ice Cream Market Share by Application (Percent), 2016 – 2021
Table-08: Forecast for – Europe Ice Cream Market Share by Application (Percent), 2022 – 2027
Table-09: Europe Ice Cream Market Share by Distribution Channels (Percent), 2016 – 2021
Table-10: Forecast for – Europe Ice Cream Market Share by Distribution Channels (Percent), 2022 – 2027
Table-11 Europe Ice Cream Market Share by Producing Countries (Percent), 2016 – 2021
Table-12: Forecast for – Europe Ice Cream Market Share by Producing Countries (Percent), 2022 – 2027

Companies Mentioned

General Mills Inc.
Nestle S.A.
Unilever
Baskin Robbins
Lotus Bakeries

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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