China Ice Cream Market Size & Forecast by Type, Distribution Channel and Trend Analysis (2015-2018 to 2025) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 24, 2018--The “China Ice Cream Market Size and Forecast by Type (Artisanal, Impulse, Take-Home), by Distribution Channel, and Trend Analysis, 2015-2025” report has been added to ResearchAndMarkets.com’s offering.
China ice cream market revenue is expected to reach USD 22.7 billion by 2025, exhibiting a significant growth over the forecast period.
Factors such as increasing consumer spending on food & confectionery items and increasing willingness for desserts are predicted to boost growth. In addition to this, the per capita consumption is relatively low which is therefore providing abundant of opportunities for further Chinese ice cream industry expansion.
The market is projected to record upsurge in confectionery and frozen desserts consumption levels over the approaching years. The increasing consumption of frozen desserts is attributed to the changing taste preference of consumers towards ice cream and other dessert categories. The factors such as affordable prices, availability of varied taste options, familiar ingredients, introduction of varied flavors and availability of small packs of ice creams are projected to evolve the China ice cream market demand during the forecast period.
Health-related concerns along with the low consumption of ice cream, when compared to the other regions across the globe, is expected to be a major restraint, hampering the growth of the market over the forecast period. However, the large population size of the country and growing interest of people in frozen desserts is likely to contribute to higher consumption rates in the near future. Rapid growth in consumption of the dairy product is one of the crucial factor fueling the ice cream consumption in China. The speedy change in consumption patterns amongst the consumers is possibly expected to create new growth opportunities for frozen desserts in the country.
The speedy growth of the Chinese GDP is probably to intensify the purchasing power of the consumers. Moreover, rapid urbanization is increasingly evolving consumer preferences and habits. The market growth in the country is attributed to the innovations in ice cream flavors and variety of offerings and customizations provided by the vendors functioning in the Chinese ice cream industry. The presence of local and private label brands in the area is forcing the demand by offering ice creams at lower prices. The development of private-label retail brands is contributing to the expansion of ice cream industry.
Companies FeaturedUnilever Nestle Meiji Holdings Co. Ltd. Chinatown Ice Cream Factory General Mills Inc. YILI.Com Inc.
Key Topics Covered
Chapter 1. Executive Summary
Chapter 2. Methodology and Scope
Chapter 3. Introduction
Chapter 4. Ice Cream Market Trends: Drivers & Opportunities
Chapter 5. Ice Cream Market Trends, By Type
Chapter 6. Ice Cream Market Trends, By Distribution Channel
Chapter 7. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/53k9j6/china_ice_cream?w=4
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Related Topics:Ice Cream
KEYWORD: ASIA PACIFIC CHINA
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/24/2018 09:16 AM/DISC: 09/24/2018 09:16 AM