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This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Global $91.2 Billion Ice Cream Market, 2024 - Analysis Breakdown by Flavor, Category, Product, Distribution Channel and Region - ResearchAndMarkets.com

February 27, 2019

DUBLIN--(BUSINESS WIRE)--Feb 27, 2019--The “Ice Cream Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The global ice cream market was worth US$ 57.7 Billion in 2018, registering a CAGR of 4.5% during 2011-2018. The market is further projected to cross US$ 91.2 Billion by 2024, at a CAGR of 8% during 2019-2024.

Since the fast-food industry is one of the major end-users of ice cream, an increase in the number of fast food chains across the globe is driving the consumption of ice cream in this sector. Moreover, owing to the income elastic nature of ice cream consumption, rising disposable incomes and improving purchasing power of consumers are giving a rise to its per capita consumption in emerging regions like India and China.

Apart from this, rapid urbanization has led to an expansion in modern retail formats such as departmental stores, hypermarkets, supermarkets and convenience stores, which is contributing towards an increase in the global sales of ice cream. Furthermore, the emerging trends of premiumization and value addition have led to the usage of finer-quality ingredients as well as the introduction of organic and sugar-free ice creams.

Breakup by Flavor

The ice cream market has been segmented on the basis of different flavors which include vanilla, chocolate and fruit. Amongst these, vanilla is majorly preferred by consumers as it is used in the preparation of several other desserts.

Breakup by Category

On the basis of categories, the market has been segregated into impulse ice cream, take-home ice cream and artisanal ice cream. Amongst these, impulse ice cream has outgrown other categories and is expected to maintain its dominant position during the forecast period.

Breakup by Product

Based on products, the market has been categorized as cup, stick, cone, brick and tub. Currently, the majority of consumers prefer purchasing ice cream cups.

Breakup by Distribution Channel

On the basis of distribution channels, the market has been segmented into supermarkets/hypermarkets, convenience stores, ice cream parlors and online stores. Amongst these, supermarkets/hypermarkets represent the most popular distribution channel as they offer a wide collection of ice cream brands and flavors to the consumers.

Regional Insights

On a geographical front, Asia Pacific represents the largest market for ice cream, holding the majority of the total market share. The market growth in the region can be attributed to the improvement of cold chain facilities owing to which ice creams are becoming available in rural areas as well. Other markets include North America, Europe, Latin America, and Middle East and Africa.

Topics Covered

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Ice Cream Industry

5.1 Market Overview

5.2 Market Performance

5.2.1 Volume Trends

5.2.2 Value Trends

5.3 Price Analysis

5.3.1 Key Price Indicators

5.3.2 Price Structure

5.3.3 Price Trends

5.4 Market Breakup by Flavour

5.5 Market Breakup by Category

5.6 Market Breakup by Product

5.7 Market Breakup by Distribution Channel

5.8 Market Breakup by Region

5.9 Market Forecast

5.10 SWOT Analysis

5.11 Value Chain Analysis

5.11.1 Raw Material Procurement

5.11.2 Manufacturing

5.11.3 Marketing

5.11.4 Distribution

5.11.5 Exports

5.11.6 End-Use

5.12 Porter’s Five Forces Analysis

5.13 Key Success Factors and Risk Factors

6 Market Breakup by Flavour

6.1 Chocolate

6.2 Fruit

6.3 Vanilla

6.4 Others

7 Market Breakup by Category

7.1 Impulse Ice Cream

7.2 Take-Home Ice Cream

7.3 Artisanal Ice Cream

8 Market Breakup by Product

8.1 Cup

8.2 Stick

8.3 Cone

8.4 Brick

8.5 Tub

8.6 Others

9 Market Breakup by Distribution Channel

9.1 Supermarkets/Hypermarkets

9.2 Convenience stores

9.3 Ice cream Parlours

9.4 Online Stores

9.5 Others

10 Market Breakup by Region

10.1 Asia-Pacific

10.2 North America

10.3 Europe

10.4 Latin America

10.5 Middle East and Africa

11 Competitive Landscape

11.1 Market Structure

11.2 Key Players

12 Ice Cream Manufacturing Process

12.1 Product Overview

12.2 Detailed Process Flow

12.3 Various Types of Unit Operations Involved

12.4 Mass Balance and Raw Material Requirements

13 Project Details, Requirements and Costs Involved

13.1 Land Requirements and Expenditures

13.2 Construction Requirements and Expenditures

13.3 Plant Machinery

13.4 Machinery Pictures

13.5 Raw Material Requirements and Expenditures

13.6 Raw Material and Final Product Pictures

13.7 Packaging Requirements and Expenditures

13.8 Transportation Requirements and Expenditures

13.9 Utility Requirements and Expenditures

13.10 Manpower Requirements and Expenditures

13.11 Other Capital Investments

14 Loans and Financial Assistance

15 Project Economics

15.1 Capital Cost of the Project

15.2 Techno-Economic Parameters

15.3 Product Pricing and Margins Across Various Levels of the Supply Chain

15.4 Taxation and Depreciation

15.5 Income Projections

15.6 Expenditure Projections

15.7 Financial Analysis

15.8 Profit Analysis

16 Key Player Profiles

  • Unilever
  • Nestle
  • Inner Mongolia Yili Industrial Group
  • General Mills

For more information about this report visit https://www.researchandmarkets.com/research/bnk4pf/global_91_2?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190227005928/en/

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Related Topics:Ice Cream



SOURCE: Research and Markets

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PUB: 02/27/2019 03:49 PM/DISC: 02/27/2019 03:49 PM