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Organic Ice Cream Market size was than USD 850 million in 2016 and consumption is predicted to surpass 245 kilotons by 2024.<br><br>Get more details @ https://goo.gl/bTjFtZ
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Organic Ice Cream Market to reach $1.2bn by 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024
KeyInsights from Organic Ice Cream Market : • Vanilla flavor accounted for more than 29% in the overall organic ice cream market share in 2016. Rising consumer awareness regarding pure and natural ingredients have propelled food manufacturers to use pure vanilla in recent times. • Chocolate industry expansion owing to increasing awareness associated to natural cocoa will drive demand in this segment. Mint chocolate, butter pecan, strawberry, and black raspberry are among the key revenue contributing flavors. • Among several key distribution channels, on trade holds largest industry share with over 60% of the overall demand. Shifting preference to consume product before or after meals along with increase in number of local restaurants, hotels and product parlours will fuel industry growth.
Continued... • Paper & board packaging accounted for over 43% in 2016, attractive packaging at competitive price is among the key factor fuelling demand in this segment. Rigid plastics packaging will witness highest gains over the forecast period. Superior properties including improved impact strengthen along with attractive decorative and see through prints for labelling will propel demand. • U.S. organic ice cream market will generate over USD 500 million in revenue by 2024. Large presence of domestic producers coupled consumer preference for organic products even at premium price will positively influence regional industry growth. • Australia, New Zealand, U.S., Sweden, Denmark, and Italy are among the highest per capita/ litre consuming countries. New Zealand and Australia witnessed around 28 and 18 per capita ice cream consumption in 2015.
U.S. Organic Ice Cream Market Size, By Product, 2016-2024 (Kilo Tons)
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360° Analysis • Application Trends • Rising product usage for preparing other products including shakes, brownies and smoothies are opening new avenues for organic ice cream market expansion. Increasing consumer acceptance for homemade ice cream due to presence of extensive distribution platforms will positively influence organic ice cream market growth. Grocery retail outlets expansion due to positive FDI policies in Brazil, India, China, New Zealand, and Australia will propel product demand. • Regional Trends • North America organic ice cream market, led by the U.S. will surpass USD 0.51 billion by 2024. Increasing consumer health consciousness, growing number of diabetics and heart disease patients is driving consumer towards naturally resourced products. • Competitive Market Share • Global organic ice cream market share is fragmented and at growing stage. Most of the key players have been exploring new product launches, mergers and acquisition to enhance profitability and geographical presence. Key industry players include Mars, Nestle, Blue Bell, Lotte Confectionary, Amul, Unilever, Mikawaya, Dean Foods, Grupo Lala, Straus Family Creamery, China Mengniu Dairy, Weight Watchers International, Bliss Unlimited, So Delicious Dairy Free, Yili Group, Tillamook, Friesland Campina and Vadilal.
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