Latest News- Ice Cream Market: Impulse is expected to lead the Product segment during 2025-2029
The Ice Cream Market is being driven by Shelf life extension of ice cream products
The Ice Cream Market is expected to grow at a CAGR of 6.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 31.7 billion. In the evolving food landscape, plant-based products, including plant-based ice cream, are experiencing significant growth due to increasing consumer preferences for healthier and ethically-sourced options. The shift towards plant-based diets is driven by concerns over food safety and health, as well as ethical considerations. Plant-based ice cream offers numerous advantages, such as higher antioxidant and useful chemical content, and a richer nutrient profile, including folate, magnesium, potassium, vitamins A, C, and E. This dietary trend is particularly popular among millennials in countries like Australia, Germany, the US, and China, contributing positively to the expansion of the global ice cream market. Plant-based ice creams not only cater to health-conscious consumers but also offer a lower risk of cardiovascular diseases and other metabolic conditions.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Product (Impulse, Take home, Artisanal) Type (Dairy, Non-Dairy) Geography (North America, APAC, Europe, 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:
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Key Features in Ice Cream Market Research Report
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The Ice Cream Market is thriving with innovation, offering a diverse product range from classic Cones and Sandwiches to Impulse Pops and Premium Frozen Desserts. New companies are introducing Functional Ingredients like Plant Sterols and Lecithin, while maintaining Health Consciousness. Exotic Organic and Herbal Flavors, such as Belgian Chocolate, Alphonso Mango, Triple Chocolate, Exotic Strawberry, Blueberry Cheesecake, and Natural's Ice Cream, coexist with Synthetic Ingredients in this category. Indulge in a world of Ice Cream Products, from traditional flavors like Orange Chocolate to the latest offerings from dairy brands like Keventers.
The ice cream market encompasses businesses engaged in the production and packaging of various ice cream products, such as innovative flavors, impulse ice creams, cones, sandwiches, and pops. Market size is determined by the consolidated revenue of these entities. Premium ice cream offerings represent a significant segment, driven by consumer preference for healthier options and higher quality ingredients. Factors fueling market expansion include growing health consciousness and the increasing popularity of gourmet ice creams within the product range.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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