Opportunities in the Global Ice Cream Sector 2023

The global ice cream sector will grow from $77.3 billion in 2022 to $142.3 billion in 2027, achieving a CAGR of 13% during 2022-27. An improvement in consumers’ purchasing power combined with a pent-up demand for indulgent treats will fuel the sector’s growth in this period. Take-home and bulk ice cream amassed the largest value share in 2022, at 47.7%. Impulse single-serve ice cream’s value share will increase from 43.7% in 2022 to 46.9% in 2027. The consumption share of the ice cream sector in the overall food industry will increase in all regions during 2017-27, except Asia-Pacific.

This report brings together multiple data sources to provide a comprehensive overview of the global ice cream sector, analyzing data from 108 countries. It includes analysis on the following:

Sector overview: Provides an overview of the current sector scenarios in terms of ingredients, manufacturer claims, labeling, and packaging. The analysis also provides a regional overview across five regions-Asia-Pacific, Middle East and Africa (MEA), the Americas, Western Europe, and Eastern Europe-highlighting sector sizes, growth drivers, the latest developments, and future challenges for each region. This data includes both on-trade and off-trade data.

Change in consumption: Provides a shift in the consumption of ice cream over 2017-27 at global and regional levels.

High-potential countries: Provides risk-reward analysis of the top two high-potential countries in each region based on market assessment, economic development, governance indicators, sociodemographic factors, and technological infrastructure.

Scope

• Provides an overview of the current sector scenarios in terms of ingredients, manufacturer claims, labeling, and packaging. The analysis also provides a regional overview across five regions-Asia-Pacific, Middle East and Africa (MEA), the Americas, Western Europe, and Eastern Europe-highlighting sector sizes, growth drivers, the latest developments, and future challenges for each region. This data includes both on-trade and off-trade data.

Reasons to Buy

• Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the ice cream sector.
• The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances.
• The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion.
• To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates.