Global Retail Ice Cream Market is valued approximately USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2020-2027. Ice cream is dairy merchandise, which is sweetened with any natural sugar or artificial sweeteners. Numerous ice creams are offered by the companies present in the market, comprising light ice cream, hard ice cream, low fat ice cream, soft ice cream, and others. The Manufacturers are growing their product range by including exotic flavors, , organic herbal fillings, and functional ingredientsin product formulations to meet the changing consumers' demands. The Retail Ice cream market is primarily driven owing to surging adoption and demand of frozen dairy products, escalating indulgence for sweet dishes and the surging disposable income of the individuals. Further, the rising number of ice cream manufacturers which include both multinational and local organizations on the global scenario increase the product portfolio strengthening the market growth. For Instance: as per Statista, In 2019 Ben & Jerry's sold 150.9 million units of Ice Cream in US, followed by Haagen-Dazs sold 132.8 million units. Also, the Private labels brands amounted for the highest sales of 361.1 million units in the country. However, availability on online stores impedes the growth of the market over the forecast period of 2020-2027. Although, tremendous research in order to develop new flavors to increase the product portfolio presents a lucrative opportunity for the market.
The regional analysis of global Retail Ice Cream market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing number of ice cream manufacturers in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, rising population would create lucrative growth prospects for the Retail Ice Cream market across Asia-Pacific region.
Major market player included in this report are:
Baskin & Robins
Amul
Nestle S.A
Mother Dairy Fruits & Vegetables Pvt Ltd
Turkey Hill
Dairy Queens
Creamstone
Blubell Creamries
Lotte Corporation
London Dairy
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Impulse Ice Cream
Take-Home Ice Cream
Artisanal Ice Cream
By Distribution Channel:
Supermarket
Convenience Stores
Specialist Stores
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2017, 2018
Base year - 2019
Forecast period - 2020 to 2027
Target Audience of the Global Retail Ice Cream Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors