Product Code: MRFR/F-B & N/1998-CR
Market Overview
The ice cream Market is projected to exhibit a CAGR of 5.74% during the forecast period. The moving consumer inclination toward frozen sweets is expected to go about as a significant driver for the expansion of the Ice cream Market during the review period. Additionally, the rising number of ice cream parlors across arising economies is probably going to upsurge the deals of ice cream during the review period.
The rising popularity of high-quality ice cream among consumers is expected to offer a rewarding and open door to the makers of ice cream during the conjecture time frame. Ice creams are viewed as a delicacy, and occasionally, a hasty purchase. Factors, for example, are considered by market players while opening specialty stores or ice cream parlors in high-permeability areas, with an assumption for high pedestrian activity. The notoriety of specialty stores is expanding because of virtual entertainment, flyers, and guerilla marketing exercises.
Market Segmentation
The Ice Cream Market is segmented into cones and cups, sticks and bars, tubs and bricks, and others based on the type of product. The market data for ice cream has been broken down into flavor-specific categories, such as chocolate, vanilla, tutti-frutti, blends, and others.
The market is divided into dairy-based and non-dairy products depending on the category. The ice cream Market is divided into store-based and non-store-based groups based on distribution channels. The store-based division includes supermarkets and hypermarkets, convenience stores, specialty stores, and other businesses.
Regional Analysis
The North American ice cream market is likely to dominate the market. Development in flavor mixes of ice cream is one of the primary variables expected to affect the development of the market emphatically. Additionally, key makers underline limited time exercises to serious areas of strength for making among consumers about item dispatches, which, thusly, is speeding up the development of the North American ice cream market.
Europe's ice cream market is driven by the popularity of regular and natural food items, which is empowering central participants to present natural and plant-based ice cream in the region to acquire an upper hand. Also, the rising reception of veganism and expanding commonness of lactose prejudice is prompting interest in non-dairy ice cream, particularly in Germany.
The development of the Asia-Pacific ice cream market is attributed to rapid urbanization and a developing center-pay populace driving the utilization of frozen pastries. Also, the rising per capita expendable livelihoods have prompted the development deals of ice cream. Consumers are prepared to address significant expenses for premium items, which, thus, hampers the development of the low or mid-quality ice cream sections. Furthermore, key makers of ice cream are focusing on the region to increment deals.
Major Players
Key Companies in the Ice cream market include Nestle S.A., Unilever, General Mills Inc., Mars Incorporated, Gujarat Cooperative Milk Marketing Federation Ltd, Lotte Confectionery Co., Ltd, Amy's Ice Cream, Jude's Ice Cream, Wells Enterprises, Inc., and Blue Bell Creameries.
TABLE OF CONTENTS
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 16
- 1.1 MARKET ATTRACTIVENESS ANALYSIS 18
- 1.1.1 GLOBAL ICE CREAM MARKET, BY PRODUCT TYPE 19
- 1.1.2 GLOBAL ICE CREAM MARKET, FLAVOR TYPE 20
- 1.1.3 GLOBAL ICE CREAM MARKET, CATEGORY 21
- 1.1.4 GLOBAL ICE CREAM MARKET, DISTRIBUTION CHANNEL 22
- 1.1.5 GLOBAL ICE CREAM MARKET, BY REGION 23
2 MARKET INTRODUCTION 24
- 2.1 DEFINITION 24
- 2.2 SCOPE OF THE STUDY 24
- 2.3 RESEARCH OBJECTIVE 24
- 2.4 MARKET STRUCTURE 25
- 2.5 KEY BUYING CRITERIA 25
3 RESEARCH METHODOLOGY 26
- 3.1 RESEARCH PROCESS 26
- 3.2 PRIMARY RESEARCH 27
- 3.3 SECONDARY RESEARCH 28
- 3.4 MARKET SIZE ESTIMATION 29
- 3.5 FORECAST MODEL 30
- 3.6 LIST OF ASSUMPTIONS & LIMITATIONS 31
4 MARKET DYNAMICS 32
- 4.1 INTRODUCTION 32
- 4.2 DRIVERS 33
- 4.2.1 GROWING NUMBER OF SPECIALTY STORES 33
- 4.2.2 GROWTH OF THE ORGANIZED RETAIL SECTOR 33
- 4.2.3 DRIVERS IMPACT ANALYSIS 34
- 4.3 RESTRAINTS 34
- 4.3.1 FLUCTUATING RAW MATERIAL PRICES AND HIGH PRODUCTION COSTS 34
- 4.3.2 RESTRAINTS IMPACT ANALYSIS 36
- 4.4 OPPORTUNITIES 36
- 4.4.1 HIGH PREFERENCE FOR CHOCOLATE FLAVOR 36
- 4.4.2 CHANGING CONSUMER TASTES 37
- 4.4.3 GROWING POPULARITY OF ARTISANAL ICE CREAMS 37
- 4.5 CHALLENGES 37
- 4.5.1 RISING HEALTH CONCERNS 37
5 MARKET FACTOR ANALYSIS 38
- 5.1 VALUE CHAIN ANALYSIS 38
- 5.1.1 RAW MATERIAL PROCUREMENT 39
- 5.1.2 PROCESSING 39
- 5.1.3 PACKAGING 39
- 5.2 SUPPLY CHAIN ANALYSIS 40
- 5.3 PORTER'S FIVE FORCES MODEL 41
- 5.3.1 THREAT OF NEW ENTRANTS 41
- 5.3.2 BARGAINING POWER OF SUPPLIERS 42
- 5.3.3 THREAT OF SUBSTITUTES 42
- 5.3.4 BARGAINING POWER OF BUYERS 42
- 5.3.5 INTENSITY OF RIVALRY 42
6 IMPACT OF THE COVID-19 OUTBREAK ON THE GLOBAL ICE CREAM MARKET 43
- 6.1 OVERVIEW 43
- 6.2 IMPACT ON RAW MATERIAL AVAILABILITY 43
- 6.3 IMPACT ON SUPPLY CHAIN 43
- 6.3.1 TRANSPORTATION 43
- 6.3.2 WORKFORCE 43
- 6.3.3 TRADE 44
- 6.4 IMPACT ON CONSUMER DEMAND 44
- 6.5 IMPACT ON SUPPLY CHAIN 44
- 6.6 IMPACT ON PRICING 44
- 6.7 IMPACT ON DIRECT-TO-CONSUMER SALES 45
7 GLOBAL ICE CREAM MARKET, BY PRODUCT TYPE 46
- 7.1 OVERVIEW 46
- 7.1.1 GLOBAL ICE CREAM MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2019-2028 47
- 7.2 STICKS/BARS 47
- 7.2.1 STICKS/BARS: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028 47
- 7.3 CONES & CUPS 48
- 7.3.1 CONES & CUPS: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028 48
- 7.4 TUBS & BRICKS 48
- 7.4.1 TUBS & BRICKS: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028 48
- 7.5 OTHERS 49
- 7.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028 49
8 GLOBAL ICE CREAM MARKET, BY FLAVOR TYPE 50
- 8.1 OVERVIEW 50
- 8.1.1 GLOBAL ICE CREAM MARKET ESTIMATES & FORECAST, BY FLAVOR TYPE, 2019-2028 51
- 8.2 CHOCOLATE 51
- 8.2.1 CHOCOLATE: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028 51
- 8.3 VANILLA 52
- 8.3.1 VANILLA: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028 52
- 8.4 TUTTI FRUTTI 52
- 8.4.1 TUTTI FRUTTI: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028 52
- 8.5 BLENDS 53
- 8.5.1 BLENDS: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028 53
- 8.6 OTHERS 53
- 8.6.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028 53
9 GLOBAL ICE CREAM MARKET, BY CATEGORY 54
- 9.1 OVERVIEW 54
- 9.1.1 GLOBAL ICE CREAM MARKET ESTIMATES & FORECAST, BY CATEGORY, 2019-2028 55
- 9.2 DAIRY-BASED 55
- 9.2.1 DAIRY-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028 55
- 9.3 NON-DAIRY 56
- 9.3.1 NON-DAIRY: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028 56
10 GLOBAL ICE CREAM MARKET, BY DISTRIBUTION CHANNEL 57
- 10.1 OVERVIEW 57
- 10.1.1 GLOBAL ICE CREAM MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2019-2028 58
- 10.2 STORE-BASED 58
- 10.2.1 STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028 58
- 10.3 NON-STORE-BASED 59
- 10.3.1 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2028 59
11 GLOBAL ICE CREAM MARKET, BY REGION 60
- 11.1 OVERVIEW 60
- 11.2 NORTH AMERICA 62
- 11.2.1 US 64
- 11.2.2 CANADA 65
- 11.2.3 MEXICO 67
- 11.3 EUROPE 69
- 11.3.1 UK 71
- 11.3.2 GERMANY 72
- 11.3.3 FRANCE 74
- 11.3.4 ITALY 75
- 11.3.5 SPAIN 76
- 11.3.6 ROMANIA 78
- 11.3.7 CZECH REPUBLIC 79
- 11.3.8 SLOVAKIA 80
- 11.3.9 HUNGARY 82
- 11.3.10 POLAND 83
- 11.3.11 SERBIA 84
- 11.3.12 CROATIA 86
- 11.3.13 REST OF EUROPE 87
- 11.4 ASIA-PACIFIC 89
- 11.4.1 CHINA 91
- 11.4.2 INDIA 92
- 11.4.3 JAPAN 94
- 11.4.4 AUSTRALIA & NEW ZEALAND 95
- 11.4.5 REST OF ASIA-PACIFIC 96
- 11.5 REST OF THE WORLD 98
- 11.5.1 SOUTH AMERICA 100
- 11.5.2 MIDDLE EAST 101
- 11.5.3 AFRICA 103
12 COMPETITIVE LANDSCAPE 105
- 12.1 INTRODUCTION 105
- 12.1.1 MARKET STRATEGY ANALYSIS 105
- 12.2 COMPETITIVE BENCHMARKING 106
- 12.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 107
- 12.3.1 PRODUCT LAUNCH 107
- 12.3.2 EXPANSIONS 107
- 12.3.3 ACQUISITION 107
- 12.4 COMPANY MARKET SHARE ANALYSIS, 2019 108
- 12.5 LIST OF SMES 108
13 COMPANY PROFILES 159
- 13.1 NESTLE S.A. 159
- 13.1.1 COMPANY OVERVIEW 159
- 13.1.2 FINANCIAL OVERVIEW 160
- 13.1.3 PRODUCTS OFFERED 160
- 13.1.4 KEY DEVELOPMENTS 161
- 13.1.5 SWOT ANALYSIS 161
- 13.1.6 KEY STRATEGIES 161
- 13.2 UNILEVER 162
- 13.2.1 COMPANY OVERVIEW 162
- 13.2.2 FINANCIAL OVERVIEW 163
- 13.2.3 PRODUCTS OFFERED 163
- 13.2.4 KEY DEVELOPMENTS 164
- 13.2.5 SWOT ANALYSIS 164
- 13.2.6 KEY STRATEGIES 164
- 13.3 GENERAL MILLS INC. 165
- 13.3.1 COMPANY OVERVIEW 165
- 13.3.2 FINANCIAL OVERVIEW 165
- 13.3.3 PRODUCTS/SERVICES OFFERED 166
- 13.3.4 KEY DEVELOPMENTS 166
- 13.3.5 SWOT ANALYSIS 166
- 13.3.6 KEY STRATEGIES 167
- 13.4 MARS INCORPORATED 168
- 13.4.1 COMPANY OVERVIEW 168
- 13.4.2 FINANCIAL OVERVIEW 168
- 13.4.3 PRODUCTS OFFERED 168
- 13.4.4 KEY DEVELOPMENTS 168
- 13.4.5 KEY STRATEGIES 168
- 13.5 GUJARAT COOPERATIVE MILK MARKETING FEDERATION LTD 169
- 13.5.1 COMPANY OVERVIEW 169
- 13.5.2 FINANCIAL OVERVIEW 169
- 13.5.3 PRODUCTS OFFERED 170
- 13.5.4 KEY DEVELOPMENTS 171
- 13.5.5 SWOT ANALYSIS 172
- 13.5.6 KEY STRATEGIES 172
- 13.6 LOTTE CONFECTIONERY CO., LTD 173
- 13.6.1 COMPANY OVERVIEW 173
- 13.6.2 FINANCIAL OVERVIEW 173
- 13.6.3 PRODUCTS OFFERED 174
- 13.6.4 KEY DEVELOPMENTS 174
- 13.6.5 KEY STRATEGIES 174
- 13.7 AMY'S ICE CREAM 175
- 13.7.1 COMPANY OVERVIEW 175
- 13.7.2 FINANCIAL OVERVIEW 175
- 13.7.3 PRODUCTS OFFERED 175
- 13.7.4 KEY DEVELOPMENTS 176
- 13.7.5 KEY STRATEGIES 176
- 13.8 JUDE'S ICE CREAM 177
- 13.8.1 COMPANY OVERVIEW 177
- 13.8.2 FINANCIAL OVERVIEW 177
- 13.8.3 PRODUCTS OFFERED 177
- 13.8.4 KEY DEVELOPMENTS 178
- 13.8.5 KEY STRATEGIES 178
- 13.9 WELLS ENTERPRISES INC. 179
- 13.9.1 COMPANY OVERVIEW 179
- 13.9.2 FINANCIAL OVERVIEW 179
- 13.9.3 PRODUCTS OFFERED 179
- 13.9.4 KEY DEVELOPMENTS 185
- 13.9.5 KEY STRATEGIES 185
- 13.10 BLUE BELL CREAMERIES 186
- 13.10.1 COMPANY OVERVIEW 186
- 13.10.2 FINANCIAL OVERVIEW 186
- 13.10.3 PRODUCTS OFFERED 186
- 13.10.4 KEY DEVELOPMENTS 187
- 13.10.5 KEY STRATEGIES 187
14 REFERENCES 188