“Ice Cream Market: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast 2022-2027” provides a deep and thorough evaluation of the global ice cream market. Ice cream refers to a frozen dairy product that is sweetened with natural sugar or artificial sweeteners and is widely consumed as a snack or dessert. Typically made from a combination of milk, cream, fruits, nuts and natural or artificial flavorings, it is highly preferred by children and adults alike. Stabilizers, such as gluten, are added to ice cream to give the product a consistent texture, while milk fat provides a signature smooth mouthfeel. Apart from this, ice creams are rich in essential nutrients, including vitamins A, B-6, B-12, C, D, E, phosphorus, calcium, carbohydrates, thiamine, riboflavin, niacin, and folate. They are available in an extensive flavor range, with the most common flavors being strawberry, chocolate, vanilla, orange and butterscotch.
The market is primarily driven by the increasing product demand among the masses as a preferred dessert. This can be attributed to the escalating demand for convenience food products and the easy product availability in numerous forms, including sundaes, cones, sandwiches, and pops. Continual product innovations, such as the introduction of product variants prepared using natural ingredients and exotic flavors, are also providing an impetus to the market growth. Extensive digital campaigns launched by manufacturers to expand the consumer base are further fueling the uptake of ice cream across the globe. Besides this, considerable improvements in the production process and logistics ensuring proper storage, distribution, and preservation of ice creams and the availability of the product across restaurants, supermarkets and variety stores are creating a positive outlook for the market. Other factors, such as rapid urbanization, product premiumization, and the inflating disposable incomes of the consumers, are also contributing to the market growth.
Beginning with a global overview, the report explores the dynamics that have a strong influence on the ice cream market and can also impact its future growth. Taking 2021 as the base year, the report covers the historical market scenario from 2016-2021 and provides forecasts till 2027. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the ice cream market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the ice cream market in detail for the latest trends, outlook and opportunities.
The report analyses the competitive structure of the ice cream industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the ice cream industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the ice cream industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the ice cream industry. Furthermore, the value chain analysis of the ice cream industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.
Key Segments and Highlights of the Global Ice Cream Market
The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the ice cream Industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.
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