Ice Creams Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity, the global Ice Creams Market size is projected to reach a CAGR of 5.0% from 2023-2030.
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Ice cream is a dairy product, which is sweetened with either natural sugar or artificial sweeteners. Various ice creams are provided by the companies present in the market, including hard ice cream, soft ice cream, light ice cream, low-fat ice cream, and others. Summer is an undisputed season for the consumption of ice cream and related products.
Recent Developments
· March 2022: Yuengling’s Corporation, an American ice cream manufacturing company, acquired Revolution Desserts, LLC, an Atlanta-based ice-cream manufacturing company that owns Gelato Fiasco, Sweet Scoops, Art Cream, and SoCo Creamery brands. Revolution Desserts operates in more than 600 retail stores nationwide.
· January 2022: Unilever announced the launch of a new vegan ice cream under its magnum brand in Germany. The newly added vegan classic, vegan almond, and vegan hazelnut crunch bars are available on retail shelves across the country.
The prominent players in Ice Creams Market are
· Unilever Group
· Nestle S.A.
· General Mills, Inc.
· Mars
· Blue Bell Creameries
· Lotte Confectionery
· Wells Dairy Inc.
· Turkey Hill
· Mihan Dairy Inc.
· Meiji Holdings Co. Ltd. and More
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Regional Analysis
Asia Pacific to Dominate the Market
· The Asia Pacific region is anticipated to dominate the market during the forecast period. The increasing popularity of fast food, rising disposable income, rapid urbanization, and the impact of Western cuisine and culture have supported the consumption of the product in Asia Pacific.
· The growing product acceptability, stiff competition, and large consumer base have pushed operators to strive for competitive advantages through innovations concerning product offerings and service delivery. Major regional players are rigorously trying to strengthen their footprints in the Asian market through the acquisition of small local players or the expansion of their business.
Ice Creams Market is segmented into various segments such as type, flavour, packaging, distribution channel and region:
Based on type
· Impulse
· Take Home
Based on flavour
· Vanilla
· Chocolate
· Fruit
· Others
Based on packaging
· Cup
· Cone
· Stick
· Brick
· Tub
· Others
Based on the distribution channel
· Hypermarket/Supermarket
· Ice cream Parlour
· Online Retailer
· Others
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· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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