Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Ice Cream Market Surges to USD 135.82 Billion by 2030, Propelled by 4.09% CAGR - Verified Market Reports®


News provided by

Verified Market Reports

03 Dec, 2024, 15:30 GMT

Share this article

Share toX

Share this article

Share toX

The ice cream market is driven by increasing consumer preference for indulgent desserts, innovation in flavors, and the rising popularity of premium and artisanal products. Factors such as urbanization, higher disposable incomes, and social media influence further boost demand, alongside the growing appeal of health-focused options like low-fat and plant-based ice creams. However, the market faces challenges such as fluctuating raw material costs, health concerns over high sugar and fat content, seasonality in demand which collectively pose restraints to growth.

LEWES, Del.  , Dec. 3, 2024 /PRNewswire/ -- The Global Ice Cream Market is projected to grow at a CAGR of 4.09% from 2024 to 2030, according to a new report published by Verified Market Reports®. The report reveals that the market was valued at USD 111.78 Billion in 2023 and is expected to reach USD 135.82 Billion by the end of the forecast period. 

Download PDF Brochure: https://www.verifiedmarketreports.com/download-sample/?rid=498361

Continue Reading
This image opens in the lightbox
Verified Market Reports Logo

Browse in-depth TOC on Ice Cream Market

202 - Pages
126 – Tables
37 – Figures

Scope of The Report

REPORT ATTRIBUTES

DETAILS

STUDY PERIOD

2021-2030

BASE YEAR

2023

FORECAST PERIOD

2024-2030

HISTORICAL PERIOD

2021-2022

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Blue Bell Creameries, Nestlé©, Unilever, General Mills, Mars, Incorporated, Amul, Lotte Confectionery, Amy's Ice Creams 

SEGMENTS COVERED

By Type, By Application, By Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analysts working days) with purchase. Addition or alteration to country, regional & segment scope

Global Ice Cream Market Overview

Market Drivers Fueling Growth in the Ice Cream Market

  1. Rising Demand for Premium Ice Cream Products
    The increasing demand for premium and artisanal ice cream is a significant market driver. Consumers are becoming more discerning about the quality of ingredients used, preferring ice creams made with natural flavors, organic milk, and fresh fruits. This shift towards indulgence and high-quality ingredients has led to the growth of small-batch ice cream brands offering unique flavors and textures. The premium segment is benefiting from the willingness of consumers to pay a higher price for exclusive, high-end products. As consumer preferences evolve, ice cream brands are innovating with rich, indulgent ingredients and a broader array of flavors, boosting sales in the premium category.
  2. Health-Conscious Consumer Trends
    Health-conscious consumer trends are reshaping the ice cream market as brands focus on offering healthier alternatives. With a growing awareness of health and wellness, many consumers are opting for low-calorie, low-sugar, and dairy-free ice cream varieties. The rise of plant-based ice cream made from almond, coconut, or oat milk is particularly noticeable as more people adopt vegan and lactose-free diets. Additionally, ice cream brands are incorporating functional ingredients like probiotics and superfoods to cater to health-conscious individuals. This demand for healthier options is contributing to market growth as companies innovate to meet these dietary needs without compromising taste.
  3. Increased Ice Cream Consumption in Emerging Markets
    The expanding middle class in emerging markets is driving the growth of the ice cream market, especially in regions like Asia Pacific, Latin America, and the Middle East. As disposable incomes rise, consumers in these regions are spending more on premium food products, including ice cream. Additionally, improving distribution channels and the growing presence of ice cream chains in urban areas are helping increase availability and accessibility. With cultural shifts towards westernized diets and increasing exposure to global food trends, the demand for ice cream continues to surge. As more consumers in emerging markets embrace ice cream as an affordable indulgence, the market is expected to see sustained growth in these regions.

To Purchase a Comprehensive Report Analysis: https://www.verifiedmarketreports.com/download-sample/?rid=498361

Market Restraints Limiting Expansion in the Ice Cream Market

  1. Seasonality of Ice Cream Sales
    One of the major restraints limiting the expansion of the ice cream market is its seasonal nature. Ice cream consumption tends to peak during the warmer months, such as spring and summer, while it experiences a significant dip during colder weather. This fluctuation in demand can create challenges for manufacturers and retailers in maintaining consistent sales throughout the year. To counteract this, brands are exploring strategies to keep the product relevant year-round, such as introducing winter-themed flavors or promoting ice cream as a dessert for festive occasions. However, the seasonal nature of the product still poses a limitation for sustained growth.
  2. High Operational and Raw Material Costs
    The rising costs of raw materials, such as dairy, sugar, and packaging, have a direct impact on the ice cream market's growth. Fluctuations in the prices of these ingredients due to supply chain disruptions, climate change, and inflationary pressures make it difficult for companies to maintain profitability while offering competitive pricing. Additionally, the cost of production increases for companies investing in sustainable and eco-friendly packaging. These higher operational costs can lead to price hikes, which may limit affordability and reduce consumer demand, especially in price-sensitive markets. Companies must balance cost increases with maintaining product quality to avoid deterring customers.
  3. Stringent Regulatory Standards
    The ice cream market faces challenges from stringent food safety and quality regulations across various countries. Compliance with regulations related to ingredients, nutritional labeling, and production processes can be both time-consuming and costly for manufacturers. In regions where regulations around additives, artificial sweeteners, and food allergens are strict, brands may face limitations in their product formulations or marketing strategies. Additionally, increasing scrutiny over environmental impact and sustainability in the food industry is pushing ice cream companies to adopt eco-friendly practices, which can increase operational costs. These regulatory challenges may act as a barrier for smaller companies or new entrants looking to compete in the market.

Geographic Dominance

The ice cream market exhibits significant geographic variation in adoption and growth. North America, particularly the United States, remains a dominant market due to its strong consumer base and high per capita consumption. Asia, especially countries like China and India, is witnessing rapid growth as rising incomes and a growing middle class boost demand for ice cream, with local flavors gaining popularity. Europe, known for its long-standing ice cream tradition, continues to see steady consumption, particularly in countries like Italy, France, and the UK. Africa is emerging as a potential growth area, though ice cream consumption is relatively low, it is expected to rise as urbanization and disposable incomes increase. In the rest of the world, Latin America and the Middle East are also contributing to the market's expansion, driven by cultural shifts and increasing brand presence in urban areas.

Ice Cream Market Key Players Shaping the Future

Major players, including Blue Bell Creameries, Nestlé©, Unilever, General Mills, Mars, Incorporated, Amul, Lotte Confectionery, Amy's Ice Creams and more, play a pivotal role in shaping the future of the Ice Cream Market. Financial statements, product benchmarking, and SWOT analysis provide valuable insights into the industry's key players.

Ice Cream Market Segment Analysis

Based on the research, Verified Market Reports® has segmented the global Ice Cream Market into Type, Application and Geography.

  • Ice Cream Market, By Type
    • Sticks
    • Buckets
    • Sundae
    • Cones
    • Floats
  • Ice Cream Market, By Application
    • Hypermarket and Supermarket
    • Convenience Stores
    • Retailers
    • Specialty Stores
  • Ice Cream Market, By Geography
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K.
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

Browse Related Reports:

Global Ice Cream Ingredients Market By Type (Chocolates, Fudges), By Application (Dairy-based Ice Cream, Dairy Alternative Based Ice Cream), By Geographic Scope And Forecast

Global Ice Cream Makers Market By Type (Soft Ice Cream Makers, Hard Ice Cream Makers), By Application (Commercial Use, Household), By Geographic Scope And Forecast

Global Ice Cream and Frozen Dessert Market By Type (Ice Cream, Frozen Dessert), By Application (Catering Industry, Entertainment Venue), By Geographic Scope And Forecast

Global Ice-creams and Frozen Desserts Market By Type (Ice-cream, Gelato), By Application (Supermarkets/Hypermarkets, Convenience Stores), By Geographic Scope And Forecast

Global Gourmet Ice Cream Market By Type (Gelato, Sorbet), By Application (Online Retail, Offline Retail), By Geographic Scope And Forecast

About Us

Verified Market Reports® ­stands at the forefront as a global leader in Research and Consulting, offering unparalleled analytical research solutions that empower organizations with the insights needed for critical business decisions. Celebrating 10+ years of service, Verified Market Reports has been instrumental in providing founders and companies with precise, up-to-date research data.

With a team of 500+ Analysts and subject matter experts, Verified Market Reports leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.

Verified Market Reports' domain expertise is recognized across 14 key industries, including Semiconductor & Electronics, Healthcare & Pharmaceuticals, Energy, Technology, Automobiles, Defense, Mining, Manufacturing, Retail, and Agriculture & Food. In-depth market analysis cover over 52 countries, with advanced data collection methods and sophisticated research techniques being utilized. This approach allows for actionable insights to be furnished by seasoned analysts, equipping clients with the essential knowledge necessary for critical revenue decisions across these varied and vital industries.

Verified Market Reports® is also a member of ESOMAR, an organization renowned for setting the benchmark in ethical and professional standards in market research. This affiliation highlights Verified Market Reports' dedication to conducting research with integrity and reliability, ensuring that the insights offered are not only valuable but also ethically sourced and respected worldwide.

Contact Us
Mr. Edwyne Fernandes
Verified Market Reports® US: +1 (650)-781-4080
US Toll Free: +1 (800)-782-1768
Email: sales@verifiedmarketreports.com 
Web: https://www.verifiedmarketreports.com/
Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/2486715/VM_Reports.jpg

Modal title

Also from this source

Generator Market Surges to USD 32.1 Billion by 2033, Propelled by 5.3% CAGR - Verified Market Reports®

Generator Market Surges to USD 32.1 Billion by 2033, Propelled by 5.3% CAGR - Verified Market Reports®

The Global Generator Market is projected to grow at a CAGR of 5.3% from 2026 to 2033, according to a new report published by Verified Market Reports®....

Car Rental Market Surges to USD 92.69 Billion by 2033, Propelled by 7.5% CAGR - Verified Market Reports®

Car Rental Market Surges to USD 92.69 Billion by 2033, Propelled by 7.5% CAGR - Verified Market Reports®

The Global Car Rental Market is projected to grow at a CAGR of 7.5% from 2026 to 2033, according to a new report published by Verified Market...

More Releases From This Source

Explore

Retail

Retail

Household, Consumer & Cosmetics

Household, Consumer & Cosmetics

Food & Beverages

Food & Beverages

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.