Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Ice Cream Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Ice Cream Market?
The Ice Cream Global Market Report 2025 indicates that the ice cream market has seen robust growth recently. The market size expanded from $41.7 billion in 2024 to $43.9 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 5.3%.
What Are the Expected Market Growth Trends for the Ice Cream Market Through 2029?
The Ice Cream Global Market is projected to reach $55.51 billion in 2029, with a compound annual growth rate (CAGR) of 6.0%.
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What Are the Key Business Drivers in the Ice Cream Market Landscape?
The key drivers in the ice cream market are:
• Continued shift towards plant-based and alternative ingredients in ice-cream production
• Rising demand for healthy, nutrient-enriched variants of ice-cream from health-conscious consumers
• Increase in premiumization and personalization trends in the ice-cream market
• Innovative sustainability practices being followed in the making and packaging of ice-creams
How Is the Ice Cream Market Divided Across Key Categories?
The ice creammarket covered in this report is segmented –
1) By Type: Impulse Ice Cream, Take-Home Ice Cream, Artisanal Ice Cream
2) By Flavor: Vanilla, Chocolate, Fruit, Other Flavors
3) By Packaging: Cup, Cone, Stick, Brick, Tub, Other Packaging
4) By Category: Dairy, Non-Dairy
5) By Distribution Channels: Hypermarket Or Supermarket, Ice Cream Parlor, Online Retailer, Other Distribution Channels
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What Are the Ongoing Trends in the Ice Cream Market?
The key trends in the ice cream market are:
• The future of the ice cream market is significantly shaped by plant-based and alternative ingredients, catering to more health-conscious choices.
• Premiumization and personalization in the market are emerging trends, reflecting consumers' demand for exclusive and tailored experiences.
• Sustainability practices are also gaining prominence, impacting production methods and packaging choices.
• Innovative ice cream flavors, textures, and formats, as well as online and direct-to-consumer sales, are increasingly influencing the market trends.
Which Companies are Expanding in the Ice Cream Industry?
Major players in the ice cream market are:
• Nestle S.A.
• Unilever Group Plc
• General Mills Inc.
• Blue Bell Creameries LP
• Cold Stone Creamery Inc.
• American Dairy Queen Corporation
• Danone S.A.
• Lotte Confectionery Co.Ltd.
• Inspire Brands Inc.
• Dairy Farmers of America Inc.
• Turkey Hill Dairy LP
• Wells Enterprises Inc.
• NadaMoo! R&D Room LLC
• Mars Inc.
• Inner Mongolia Yili Industrial Group Co. Ltd.
• Froneri International Limited
• Tilamook CCA
• Amul
• Amy's Ice Creams
• Agropur Dairy Cooperative
• Arla Foods AMBA
• Chapman's
• Prairie Farms Dairy Inc.
• Giffords Dairy Inc.
• Van Leeuwen Ice Cream
• Adirondack Creamery Inc.
• Yasso Inc.
• Graeter's Ice Cream
• Jeni's Splendid Ice Creams
• Humphry Slocombe
• Coolhaus
• Ben & Jerry's Homemade Holdings Inc.
• Häagen-Dazs
• Baskin Robbins
Which is the Largest Region the Global Ice Cream Market?
Asia-Pacific was the largest region in the ice cream market in 2024
