Technavio has released its latest market research report Global Ice Cream Market by Type, Distribution Channel, and Geography – Forecast and Analysis 2025-2029, projecting the global ice cream market to expand by USD 31.7 billion during the forecast period, with a CAGR of 6.1%. The report identifies advancements in shelf life extension as a primary growth driver, with North America expected to contribute 35% to the market’s growth. This comprehensive analysis offers actionable insights for businesses navigating the dynamic ice cream market landscape.Here is an Exclusive report talking about Market scenarios with a historical period (2018-2022) and forecast period (2024-2028). Download Sample Report in minutes!
The ice cream market is segmented by type, distribution channel, and geography, providing a clear view of its diverse segments and growth opportunities. This segmentation approach aligns with Technavio’s methodology, as seen in reports like the Language Training Market in India, which segments by type, enduser, and geography:
By Type: The market includes impulse ice cream, takehome ice cream, and artisanal ice cream.
Impulse Ice Cream: Encompassing cones, bars, and cups for immediate consumption, this segment is set to see significant growth, driven by convenience and innovative flavors appealing to onthego consumers.
TakeHome Ice Cream: Tubs and pints dominate this category, favored by households for their value and variety, with premium and plantbased options boosting demand.
Artisanal Ice Cream: Handcrafted offerings cater to niche markets, growing steadily as consumers seek unique, highquality experiences.
By Distribution Channel: Offline channels—supermarkets, hypermarkets, and specialty stores—lead the market, mirroring the offline dominance noted in the Language Training Market due to tactile purchasing preferences. Online channels are gaining momentum, fueled by ecommerce growth and consumer demand for convenience, a trend echoed across Technavio analyses.
By Geography: North America leads with a 35% growth contribution, followed by APAC, Europe, South America, and the Middle East and Africa. APAC’s rising disposable incomes and urbanization are key growth catalysts.
This market segmentation empowers stakeholders to target highgrowth areas, such as impulse ice cream’s appeal to millennials or the expanding online distribution channel.
This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters - View a FREE Sample Report
The Technavio report highlights leading players driving innovation and competition in the ice cream market:
These companies are innovating with plantbased options, exotic flavors, and sustainable packaging to meet evolving consumer preferences.
The global ice cream market is thriving, fueled by several key drivers. “Shelf life extension technologies are revolutionizing how ice cream reaches consumers, ensuring quality and expanding market reach,” said a Technavio analyst. Notable factors include:
Shelf Life Innovations: Advances in freezing and packaging extend product freshness, reducing waste and enhancing distribution efficiency.
Rising Demand for Vegan Options: Millennials in regions like North America and Europe are driving demand for plantbased ice creams, aligning with health and ethical trends.
Flavor Innovation: Exotic and fusion flavors, from matcha to salted caramel, keep consumers engaged and boost impulse purchases.
The shift toward online retail, as noted in the Language Training Market’s ecommerce insights, also applies here, with ice cream brands leveraging digital platforms to reach broader audiences.
The ice cream market presents significant opportunities for growth and innovation:
PlantBased Boom: Vegan ice creams, rich in antioxidants and vitamins, appeal to healthconscious consumers, a trend gaining traction globally.
Premiumization: Artisanal and gourmet ice creams cater to indulgent seekers, with brands investing in natural ingredients and unique flavor profiles.
Sustainability: Ecofriendly packaging and ethical sourcing resonate with environmentally aware buyers, opening new market niches.
For example, companies are launching limitededition flavors and partnering with foodservice providers to elevate ice cream’s presence in restaurants and cafes, enhancing its appeal as a dessert staple.
Despite its robust growth, the ice cream market faces hurdles. The increasing prevalence of obesity and related health concerns poses a challenge, pushing brands to innovate with lowcalorie and sugarfree options. Fluctuating raw material costs—such as dairy and sugar—also threaten profitability, particularly in pricesensitive regions. Additionally, distribution challenges for frozen products, especially in emerging markets, require advanced logistics solutions. The report advises companies to diversify offerings and optimize supply chains to stay competitive.
For businesses eyeing the ice cream market, this Technavio report is a strategic tool. From detailed market segmentation to insights on key companies, it provides a roadmap to capitalize on a USD 31.7 billion growth opportunity. Whether you’re a manufacturer exploring vegan trends or a retailer enhancing online presence, understanding these dynamics is crucial to thriving in this competitive landscape.
Technavio is a leading global technology research and advisory company, delivering actionable market insights to drive business success. With over 17,000 reports covering 800+ technologies across 50 countries, Technavio serves enterprises of all sizes, including more than 100 Fortune 500 companies. Its expert analysts combine primary and secondary research to forecast market trends with precision.
Safe and Secure SSL Encrypted
One user only.
Quick & easy download option
Unlimited user access (Within your organization).
Complimentary Customization Included
*For Enterprise license, go to checkout page
Get the report (PDF) sent to your email within minutes.
