Global Ice Cream Market is projected to grow at a CAGR of 4.27%

Global Ice Cream Market is projected to grow at a CAGR of 4.27%

By Knowledge Sourcing Intelligence Press Releases

Knowledge Sourcing Intelligence announces the publication of a new report on “Global Ice Cream Market - Forecasts from 2020 to 2025” to their offering.

Rapid urbanization, the growing preference of new flavors, the emergence of dairy alternatives and growing investments in R&D and new product development among others are anticipated to result in healthy market growth.

As per the report, the global market pertaining to Ice Cream is expected to reach USD81.966 billion in 2025 from USD63.779 billion in 2019

The ice cream market has witnessed a myriad of developments which further helps to ascertain that this market is on the trajectory towards unparalleled heights. Some of them are being stated below:

January 2019 – Product Launch

A Mardi Gras King Cake ice cream was made commercially available for the first time by Blue Bell Creameries has reportedly launched in a half a gallon size only available in the US. This product is based on a cinnamon cake-flavoured ice cream with pastry pieces and a cream cheese swirl along with candy sprinkles.  

February 2019 - Product Launch

It was announced that a range of camel milk-based ice creams would be launched in the UK by Camelicious. It would be made commercially available in flavors like chocolate, hazelnut, pistachio, strawberry, and vanilla.  This launch would also mark an addition to the variety available for consumers who are allergic to milk.

February 2019 – Product Launch

A new line of mini-ice cream pops was added to the company portfolio by Halo Top Creamery which contains 50-60 calories per serving and has less sugar content. The product was announced to be made available in flavors like strawberry cheesecake (a new addition), peanut butter swirl, mint chip, and chocolate chip cookie in the US California, Midwest, Texas and followed by the Northeast.

February 2019 – Product Launch

With a raspberry fudge brownie variant, that features almond ice cream combined with fudge brownie chunks, dark chocolate flakes and a raspberry sauce swirl, Blue Bell Creameries has reportedly expanded its ice cream portfolio. The product is made commercially available in half-gallon and pint sizes.

February 2019 – Brand Launch

The UK based ice cream, a joint venture that is owned by R&R and Nestlé has introduced a new ice creams sticks brand called Nuii. The launch is aimed at the adult evening snack occasion. Almond and Java vanilla, cookies and Idaho valley mint, dark chocolate and Nordic berry, and salted caramel and Australian macadamia, are the flavor in which the product has been made commercially available in across Europe. The constituent of the product is cream, coated in a thick layer of chocolate.

February 2019 – Product Launch

The Magnum ice cream portfolio was launched by Unilever with a new range of Double Tubs that features thick milk chocolate shards and a range of sauces. It is made commercially made available l in cherry truffle, chocolate and ganache, cookie crumble, and sea salt caramel. The product features thick milk chocolate shards and a range of sauces.

February 2019 – Product Launch

The Magnum ice cream brand by Unilever has launched the first-ever range of dairy-free ice cream dessert bars in the US, aimed at vegan consumers. Made commercially available in two flavors Magnum Non-Dairy Almond and Magnum Non-Dairy Classic. The vanilla flavoured dairy-free base is made out of a blend of pea protein and coconut oil.

March 2019 – Product Launch

A range of high-protein ice cream called Goodness Ice Cream containing 310 calories per tub by the Scotland-based Graham’s The Family Dairy. The product is made available in chocolate dulce de leche, espresso caramel, mint choc chip, salted caramel, and white chocolate with raspberry ripple. This line of product has 20g of protein in each tub.

March 2019 – Portfolio Expansion

The Enlightened ice cream portfolio has been expanded by the Beyond Better Foods with the addition of two savory snack inspired products. With chocolate chips and a salted fudge swirl, these two products are potato chip ice creams.

March 2019 – Launch of Ice cream Range

Inspired by the New York City restaurant Serendipity 3, the Serendipity Brands has launched a new line of premium ice creams in eight flavors that are Birthday Cake, Café Espresso Chip, Forbidden Broadway Sundae, Frrrozen Hot Chocolate, Humble Pie, Outrageous Banana Split, Strawberry Fields Sundae, and Vanilla Vogue.

As a part of the report, the major players operating in the global ice cream market, which have been covered are Ben & Jerry's Homemade, Inc., Dreyer’s Grand Ice Cream, Inc., Froneri International Limited, Iceco Ledai, Jeni's Splendid Ice Creams, LLC., Tea-rrific! Ice Cream, LLC, Umesh Modi Group and Velvet Ice Cream.

View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-ice-cream-market

This report segmented the global ice cream market on the basis following terms

Segmentation

  • By Type
    • Impulse Ice Cream
    • Take-Home Ice Cream
    • Artisanal Ice Cream
  • By Product Type
    • Hard Ice Cream
    • Soft Ice Cream
    • French Ice Cream
    • Non-Dairy Ice Cream
    • Homemade Ice Cream
  • By Distribution Channel
    • Online
    • Offline
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Peru
      • Others
    • Europe
      • Austria
      • Belgium
      • Bulgaria
      • Czech Republic
      • Denmark
      • Finland
      • France
      • Germany
      • Hungary
      • Ireland
      • Italy
      • Netherlands
      • Poland
      • Portugal
      • Romania
      • Slovakia
      • Slovenia
      • Spain
      • Sweden
      • United Kingdom
    • Middle East and Africa
      • Saudi Arabia
      • Israel
      • UAE
      • Turkey
      • Morocco
      • Ethiopia
      • Algeria
      • Egypt
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • Philippines
      • Indonesia
      • Vietnam
      • Malaysia
      • Thailand
      • Singapore