The increasing demand for lactose-free ice cream is expected to boost the growth of the global ice cream market during the assessment period. Manufacturers are offering innovative flavors and convenient packaging. The introduction of new and interesting flavors in ice creams is boosting the growth of the global market. Trends such as cinnamon roll ice creams, gluten- and dairy-free ice creams, and chewy crepes instead of wafer cones are expected to present opportunities to market players during the assessment period. Ice cream is prepared by churning and chilling a mixture of high-fat milk or cream, fructose- or glucose-based sweeteners, usually corn syrup, and flavorings such as vanilla and chocolate. Global Ice Cream Market Research Report: Information by Type (Buckets/Tubs, Floats), Claim (Lactose-Free, Low-Fat), Distribution Channel (Store-Based and Non-Store-Based), and Region — Forecast till 2023
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Key Players and Competition Analysis
Blue Bell Creameries (US), Nestlé (Switzerland), Unilever (UK), General Mills, Inc. (US), Mars, Inc. (US), Amul (India), Lotte Confectionery Co., Ltd (South Korea), and Amy’s Ice Cream (US) are some of the key players in the global ice cream market.
Segmentation Analysis
The global ice cream market has been segmented based on type, claim, distribution channel, and region. By type, the global ice cream market has been classified as bars, buckets/tubs, floats, and others. The global ice cream market has also been segregated, on the basis of distribution channel, into store-based and non-store-based. The store-based segment has been further classified as supermarkets and hypermarkets, convenience stores, specialty stores, and others. On the basis of claim, the global ice cream market has been divided into lactose-free, low-fat, low calorie, and others. The ice cream market in the rest of the world has been segmented into South America, the Middle East, and Africa. The global ice cream market has been studied for four regions—north America, Europe, Asia-Pacific, and the rest of the world. The North American ice cream market has further been segmented into the US, Canada, and Mexico.
Regional Analysis
There has been a growing demand for ice cream in Asia-Pacific due to the affinity for new and innovative flavors in the region. Asia-Pacific is expected to be the largest and fastest-growing market for ice cream during the review period. Japan, South Korea, India, and China account for the highest sales of ice cream in the region. The affordability of single-serve ice creams and the growth of the retail sector in Thailand and Indonesia are expected to result in substantial growth. Browse the market data and information spread across 110 pages with 71 data tables and 12 figures of the report “Global ice cream market by Application Industry Outlook Sources Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/ice-cream-market-2691
