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Global Ice Cream Market Growth Driven by Innovative and Artisan Products

Global Ice Cream Market Growth Driven by Innovative and Artisan Products

Global Ice Cream Market Growth Driven by Innovative and Artisan Products
The global ice cream market has witnessed a significant growth over the past few years owing to factors such as introduction of new varieties and flavours, increasing demand for premium and artisan products, and improving cold chain facilities in emerging regions.

IMARC Group’s latest report, titled “Ice Cream Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global ice cream market reached a value of US$ nearly 50 Billion in 2016, growing at a CAGR of around 8% during 2009-2016. Ice cream represents one of the most popular dairy-based desserts preferred by consumers of all age groups. It is made by freezing a mix of cream, sweeteners, emulsifiers and flavourings. Ice cream is a rich source of energy, carbohydrates, calcium, phosphorus and vitamins such as A, C, D, E, K, B6 and B12. It is also known to lessen the negative effects of stress by helping the body produce endorphins, dopamine and serotonin. Ice cream is available in hundreds of flavours with the most popular being vanilla, chocolate and strawberry.

 

Highlights of the Global Ice Cream Market:

  • Introduction of innovative products and flavours remains one of the major driving factors.
  • Asia Pacific represents the largest region, accounting for nearly a half of the total market share.
  • The market is fragmented in nature surrounded by a number of regional and global players.


Request a free sample copy of the report: 
http://www.imarcgroup.com/request?type=report&id=712&flag=B 

The introduction of innovative products and flavours according to the varying preferences and needs of the consumers has provided impetus to the demand for ice cream worldwide. Manufacturers are offering ice cream variants which are low in fat and sugar; lactose and gluten free; and made with organic ingredients. The artisan and premium product segments are also witnessing positive growth on account of rising disposable incomes and increase in the number of ice cream parlours offering these products. Improvement in cold chain facilities in emerging regions and rising population represent some of the other driving factors. According to the report, the market is further expected to reach a value of US$ 28 Billion by 2022.

On the basis of region, Asia Pacific accounts for nearly a half of the market share, representing the largest market. Within the region, China is the largest consumer by volume, replacing the US as the largest ice cream consumer. Asia Pacific was followed by North America, Europe, Latin America, and Middle East and Africa. The global ice cream market is highly fragmented in nature with the presence of a large number of regional and global players. Some of the key players include Unilever, Nestlé, Yili Industries and General Mills.


Click here for summary of the report with TOC: 
http://www.imarcgroup.com/ice-cream-market

The report has examined the global ice cream market on the basis of:

Regions:

  • Asia Pacific
  • North America
  • Europe
  • Latin America
  • Middle East and Africa


Major Manufacturers:

  • Unilever
  • Nestlé
  • Yili Industries
  • General Mills


Browse related reports:

Flavoured Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

Flavoured and Frozen Yoghurt Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2021


About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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