Market Overview

The Global Ice Cream Market was valued at USD 81,120.3 million in 2023 and is expected to reach USD 120,767.8 million by 2031 while growing at a CAGR of 5.1% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global ice cream market growth. Ice cream is a frozen dessert crafted from dairy products like milk and cream, blended with sweeteners and flavorings. The process involves churning or stirring to introduce air, creating a creamy and smooth texture. Available in diverse flavors, ice cream may also incorporate ingredients like fruits, nuts, chocolate, or other sweet additions.

Continuous innovation in flavors, textures, and formats, along with health and wellness trends, fuels the growth of the ice cream market. Despite this positive trajectory, obstacles such as health concerns and obesity awareness, as well as environmental sustainability concerns, stand as potential hindrances to market expansion.

Furthermore, the global ice cream industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Distribution Channel Analysis

The Global Ice Cream Market is segmented among Off-Trade, and On-Trade, based on Distribution Channel. In 2023, Off-Trade accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Ice Cream Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Blue Bell Creameries LP, Dairy Farmers of America Inc., Inner Mongolia Yili Industrial Group Co. Ltd, Lotte Corporation, Nestlé SA, Smith Foods Inc., Unilever PLC, and Wells Enterprises Inc.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Ice Cream Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Ice Cream Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis 

5. Global Ice Cream Market Segmentation, By Distribution Channel

• Global Ice Cream Market Share Analysis, By Distribution Channel

• Global Ice Cream Market Growth Analysis, By Distribution Channel

• Global Ice Cream Market Trends, By Distribution Channel

o Off-Trade

Ø Convenience Stores

Ø Online Retail

Ø Specialist Retailers

Ø Supermarkets and Hypermarkets

Ø Others (Warehouse clubs, gas stations, etc.)

o On-Trade

6. Global Ice Cream Market Segmentation, By Region

• Global Ice Cream Market Share Analysis, By Region

• Global Ice Cream Market Growth Analysis, By Region

• Global Ice Cream Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

7. Competitive Landscape

• Blue Bell Creameries LP*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Dairy Farmers of America Inc

• Inner Mongolia Yili Industrial Group Co. Ltd

• Lotte Corporation

• Nestlé SA

• Smith Foods Inc.

• Unilever PLC

• Wells Enterprises Inc  

 *Similar analysis will be provided for each company listed above.