Latest News- Gourmet Ice Cream Market: Gelato is expected to lead the Product segment during 2025-2029

The Gourmet Ice Cream Market is being driven by Increasing health benefits of gelato

The Gourmet Ice Cream Market is expected to grow at a CAGR of 15.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 12355.5 million. The gourmet ice cream market has witnessed a notable expansion in recent years, particularly in countries such as the US, Italy, the UK, Germany, France, China, and India. This growth is evident in the proliferation of gelaterias, which now serve not only as purveyors of ice cream and gelato but also as social destinations for consumers. Major players in the global ice cream industry have capitalized on this trend by opening branded ice cream parlors to showcase their premium and gourmet offerings. One such emerging player in the Indian market is Gelato Italia, which aims to expand its presence to every corner of the country within the next five years. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Gelato
  • Sorbet
  • Frozen custard
  • Others
• Distribution Channel
  • Offline
  • Online
• Product Type
  • Inorganic
  • Organic
• Flavor
  • Vanilla
  • Chocolate
  • Strawberry
  • Butter pecan
  • Others
• Geography
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing health benefits of gelato
• Increasing number of innovative flavors and diet-friendly ice creams
• Significant increase in disposable income

However, the market also witnesses some limitations, which are as follows:

• Increasing challenges regarding distribution channels for gourmet ice cream
• Increasing competition from substitutes
• Fluctuating price of raw materials

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Market Scope in Gourmet Ice Cream Market Research Report

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Research Analysis Overview

The Gourmet Ice Cream market is distinguished by its innovative flavors, including diet-friendly options like gelato and sorbet. Socializing is a key part of the culture surrounding this indulgent treat. Online retailing is on the rise, and studies provide quantitative and qualitative data on market trends. Key industry influencers include SEC filings, research papers in industrial magazines, and brands like Amorino, Herrells Ice Cream, iSwich Gourmet, and Numoo. Commercial development and cost are also important factors. Panaces and supermarkets/hypermarkets are significant sales channels.

Market Research Overview

The gourmet ice cream market encompasses businesses engaged in the production and distribution of premium ice cream variants, including innovative flavors, diet-friendly options such as gelato and sorbet, and cultural experiences that foster socializing. Key market drivers include the increasing preference for healthier, artisanal food products and the rise of online retailing. Market influencers and research reports forecast steady growth in this sector, with a focus on catering to diverse consumer tastes and dietary requirements. The market's size is determined by the combined revenue generated by these vendors, excluding equipment manufacturers and producers of packaged beverages. The market's expansion is fueled by the health benefits associated with consuming minimally processed foods and the growing trend towards convenience and personalized offerings.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/