Frozen desserts and ice creams are seasonal-sensitive categories. The market is projected to record upsurge in confectionery and frozen desserts consumption levels over the approaching years. The increasing consumption of frozen desserts is attributed to the changing taste preference of consumers towards ice cream and other dessert categories. The factors such as affordable prices, availability of varied taste options, familiar ingredients, introduction of varied flavors and availability of small packs of ice creams are projected to evolve the China ice cream market demand during the forecast period.
Health-related concerns along with the low consumption of ice cream, when compared to the other regions across the globe, is expected to be a major restraint, hampering the growth of the market over the forecast period. However, the large population size of the country and growing interest of people in frozen desserts is likely to contribute to higher consumption rates in the near future. Rapid growth in consumption of the dairy product is one of the crucial factor fueling the ice cream consumption in China. The speedy change in consumption patterns amongst the consumers is possibly expected to create new growth opportunities for frozen desserts in the country.
The speedy growth of the Chinese GDP is probably to intensify the purchasing power of the consumers. Moreover, rapid urbanization is increasingly evolving consumer preferences and habits. The market growth in the country is attributed to the innovations in ice cream flavors and variety of offerings and customizations provided by the vendors functioning in the Chinese ice cream industry. The presence of local and private label brands in the area is forcing the demand by offering ice creams at lower prices. The development of private-label retail brands is contributing to the expansion of ice cream industry.
The industry participants are undertaking many mergers and acquisitions and launching innovations in the product to boost the performance of the company. For instance, several ice-cream companies are manufacturing lactose-free ice creams to cater to the demand of lactose-intolerant consumers, as consumption of lactose causes many problems such as diarrhea, gas, and bloating. The availability of lactose-free ice cream is probable to enhance the market growth. Furthermore, low customer loyalty and shifting consumer habits in the industry are providing growth prospects for the new entrants. The companies are experiencing various mergers and acquisitions with domestic companies to reach untouched regions in the country.
Some of the key vendors operating in the China ice cream markets involves of Unilever, Nestle, Meiji Holdings Co., Ltd., Chinatown Ice Cream Factory, YILI.COM INC. And General Mills Inc. The Chinese ice cream industry has a fragmented landscape with the presence of a large number of small and few well-established players in the market.
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Chapter 2. Methodology and Scope
2.1. Research methodology
2.3. List of data sources
Chapter 3. Introduction
3.1. Research scope & market segmentation
Chapter 4. Ice Cream Market Trends: Drivers & Opportunities
4.1. Key industry trends
4.1.1. Market drivers
4.1.2. Market restraints
4.2. Supply chain analysis
4.3. Porter's Five Forces analysis
Chapter 5. Ice Cream Market Trends, By Type
5.1. China ice cream market movement, by type, 2017 & 2025
22.214.171.124. Market estimates and forecast, 2015 - 2025 (USD Billion)
126.96.36.199. Market estimates and forecast, 2015 - 2025 (USD Billion)
5.1.3. Take-Home (family packs)
188.8.131.52. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 6. Ice Cream Market Trends, By Distribution Channel
6.1. China ice cream market movement, by type, 2017 & 2025
6.1.1. Hyper markets, Supermarkets & Convenience Stores
184.108.40.206. Market estimates and forecast, 2015 - 2025 (USD Billion)
6.1.2. Specialist Retailers
220.127.116.11. Market estimates and forecast, 2015 - 2025 (USD Billion)
18.104.22.168. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 7. Competitive Landscape
7.1. Competitive landscape analysis, 2017
7.2. Strategic framework
7.3. Company profiles
22.214.171.124. Company Overview
126.96.36.199. Product Benchmarking
188.8.131.52. Financial Performance
184.108.40.206. Recent Initiatives
220.127.116.11. Company Overview
18.104.22.168. Product Benchmarking
22.214.171.124. Financial Performance
126.96.36.199. Recent Initiatives
7.3.3. Meiji Holdings Co., Ltd.
188.8.131.52. Company Overview
184.108.40.206. Product Benchmarking
220.127.116.11. Financial Performance
18.104.22.168. Recent Initiatives
7.3.4. General Mills Inc.
22.214.171.124. Company Overview
126.96.36.199. Product Benchmarking
188.8.131.52. Financial Performance
184.108.40.206. Recent Initiatives
7.3.5. YILI.COM INC.
220.127.116.11. Company Overview
18.104.22.168. Product Benchmarking
22.214.171.124. Financial Performance
126.96.36.199. Recent Initiatives
7.3.6. List of other vendors
List of Tables
1. Market driver analysis
2. Market restraint analysis
List of Figures
1. Market segmentation
2. Supply chain analysis
3. Porter’s Five Forces’ analysis
4. China ice cream market movement, by product, 2017 & 2025
5. China ice cream market for artisanal, 2015-2025 (USD Billion)
6. China ice cream market for impulse, 2015-2025 (USD Billion)
7. China ice cream market for take-home (family packs), 2015-2025 (USD Billion)
8. China ice cream market movement, by distribution channel, 2017 & 2025
9. China ice cream market for hypermarket, supermarkets & convenience stores, 2015-2025 (USD Billion)
10. China ice cream market for specialist retailers, 2015-2025 (USD Billion)
11. China ice cream market for others, 2015-2025 (USD Billion)