Ice Cream Market to Expand at a CAGR of 8.0% Over 2019-2024 - IMARC Group

1. Global Ice Cream Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value challenges, and transform their businesses. opportunities, address their most critical IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Ice Cream Market Overview: According to the latest report by IMARC Group, titles “ Ice Cream Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast Till 2019-2024’’, the global ice cream market reached a value of US$ 57.7 Billion in 2018, growing at a CAGR of 4.5% during 2011-2018. Ice cream refers to dessert prepared using flavorings, milk and frozen cream which are churned together to acquire a smooth consistency. It is a rich source of calcium, thiamine, riboflavin, niacin, folate, phosphorus, carbohydrates, and vitamins A, C, D, E, K, B-6 and B-12. it is associated with various health advantages such as providing energy, strengthening bones and lowering blood pressure, Owing to these attributes, ice cream has become one of the most popular snacks worldwide. It is consumed on its own as well as used with other food products to enhance their flavor and texture. Ice Cream Market Trends On account of rapid urbanization, changing food patterns and inflating income levels, the fast food industry is growing at a steady rate. As ice cream is used in the preparation of several desserts and beverages such as sundaes, milkshakes, floats, cakes and other confectionary goods, its demand is increasing across the globe.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ In Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Manufactures are launching gluten and lactose-free ice creams to expand their consumer base. Looking forward, the ice cream market size is projected to reach US$ 91.2 Billion by 2024, growing at a CAGR of 8.0% during forecast period (2019-2024). Request for a free sample report: https://www.imarcgroup.com/ice-cream-market/requestsample

5. Report Description and Highlights Report Description Moreover, with the emerging trend of premiumization and value addition, manufactures are incorporating finer-quality ingredients, and introducing innovative flavours and such as organic, low-fat and sugar-free product variants. Key Market Segmentation: Market Segmentation by Flavor Chocolate Fruit Vanilla Others Based on flavors, the market has been segmented into chocolate, fruit, vanilla and others. Currently, vanilla flavor dominated the market, holding the largest share. Market Segmentation By Categories • Impulse Ice Cream

6. Report Description and Highlights Report Description • • Take-Home Ice Cream Artisanal Ice Cream Based on categories, the market has been classified into impulse, take-home and artisanal ice cream. Among these, the impulse segment accounts for the majority of the total market share as it is available in single-serve formats aimed for immediate consumption. Market Segmentation by Products • • • • • • Cup Stick Cone Brick Tub Others The market has been segregated on the basis of products, which include cup, stick, cine, brick, tub and others. At present, most of the consumer prefer purchasing ice cream cups in comparison with other product types.

7. Report Description and Highlights Report Description Market Segmentation by Region • • • • • North America Europe Asia Pacific Latin America Middle East and Africa Region-wise, the market has been segmented into Asia Pacific, North America, Europe, Latin America, and Middle East and Africa. Amongst these, Asia Pacific is the leading market, accounting for the majority of the global share. For more information, click here: https://www.imarcgroup.com/ice-cream-market Market Segmentation By Distribution Channel • • Supermarkets/ Hypermarkets Convenience Stores

8. Report Description and Highlights Report Description • • • Ice Cream Parlors Online Stores Others Based on distribution channel, the market has been divided into supermarkets, Convenience stores, ice parlours, online stores and others. Presently supermarkets/hypermarkets represent the dominant segment as they offer a large shelf-space and vast product choice to consumers. Competitive Landscape: The competitive landscape of the global market has been analyzed in the report along with the detailed profiles of the key players operating in the industry. Browse Related Report Indian Ice Cream Market Report: https://www.imarcgroup.com/ice-cream-market-india North America Ice Cream Market: https://www.imarcgroup.com/north-america-ice-cream-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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