Ice Cream Market Report 2024

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GLOBAL ICE CREAM MARKET REPORT 2024
Global,Regional,CountryAnalysis
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INTRODUCTION
The manufacturing, distributing, and retailing of
frozen treats, usually derived from dairy or
non-dairy components, are all included in the ice
cream market. It comes in various product shapes,
including cones, cups, bars, and tubs, with many
toppings and flavors. Both commercial and
artisanal manufacturers define the market, from
tiny local companies to large international
conglomerates. Several key reasons, including
evolving consumer preferences, creative flavor
and formulation ideas, and the impact of seasonal
trends drive the market. The industry environment
is also significantly shaped by sustainability
initiatives, technological improvements, and
health and wellness considerations. The ice cream
market is still competitive and active today
because of its wide appeal and wide range of
products, which are always changing to suit the
needs and tastes of customers.
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KEY INSIGHTS
MARKET SIZE USD 80512.2 million
2024
CAGR 4.60
2024- 2031
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REVENUE MARKET SHARE BY SEGMENTS 2022

• Sticks/Bars
• Cones Cups
• Tubs Bricks

• Dairy-Based
• Non-Dairy

Category Segment
Type Segment

• Chocolate
• Vanilla
• Tutti Frutti
• Blends

• Store-Based
• Non-Store-Based

Distribution Channel
Flavor Type Segment
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Global Ice Cream Market Revenue share for 2024
North America 40
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• Rising Disposable Incomes to Increase the Demand
  Globally
• Urbanization and Busy Lifestyles to Propel Market
  Growth

Drivers
Health Concerns and Rising Health Consciousness
to Limit the Sales
Restraints
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AUTHOR'S PERSPECTIVE

• The global Ice Cream market will expand
  significantly by 4.60 CAGR between 2024 to 2031.
• Premiumization and indulgence As consumers look
  for more luxurious experiences, there is a
  growing demand for artisanal ice cream with
  premium ingredients and distinctive tastes.
• Purchase decisions can be strongly influenced by
  social media trends and marketing initiatives
  that effectively showcase visually appealing ice
  cream creations.

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KEY PLAYERS
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