The global artisanal ice cream market size was accounted for USD 6.0 billion, in 2018. The market is projected to grow at a significant CAGR during the forecast period. The market is primarily driven by growing demand for ice creams with fruit flavors. Artisanal ice cream is a mixture of different flavors such as strawberry, vanilla, and other fruit flavors. The consumer are looking for natural & organic ice cream that are enhanced with mixed flavors which come up with low fat, and sugar content in it. This is a key factor driving the growth of the market.
Artisanal ice cream is made with natural ingredients, artificial flavors, and zero preservatives. These products have short shelf life, which is of eight weeks, whereas industrial ice cream have long shelf life. Thus, these ice cream product supplements ready to eat demand for the food as dessert.
The artisanal ice cream is gaining traction among youth population as a healthy snack food product. Due to the health consciousness, and the presence of nutritional ingredients, demand of the product is expected to increase in the forecast period. In addition, the growing consumer preference for organic or plant-based products is also anticipated to drive the market growth.
The Asia Pacific region is projected to propel the demand of the product owing to the large population of sweet tooth, and supportive climatic conditions. Additionally, the rising preference towards handmade ice cream is projected to increase the artisanal ice cream market growth.
The top manufacturers in the market, focus on developing new products with nutritional and healthy attributes. For instance, in 2018, Eden Creamery LLC has introduced ice cream with low-calorie content in the gingerbread flavor. The company has also launched mini ice creams in various flavors such as mint chip, strawberry cheesecake, chocolate chips, and peanut butter.
The distribution channels are bifurcated into supermarket and hypermarket, convenience stores, and specialty stores. In 2018, the specialty stores channel accounted for the largest market share of 35.9%, in the overall market. The consumers are preferring specialty stores owing to the factors such as enhanced test, confidence, and trust on the brands. The growing trend of organic, gluten free, and vegan are gaining in popularity which in turn is increasing the demand of the ice creams. Moreover, the companies focus on extending their retail chain network. For example, in 2019, Naturals, has launched 125 stores in Indian market. Also, Ice cream lab, is planning to open 100 stores in the Indian market in the next few years.
Supermarket & hypermarket segment is projected to grow at the fastest CAGR of 7.4% during the forecasted period, from 2019 to 2025. Increasing busy lifestyle is prompting consumers for one-time shopping at hypermarket, which is boosting the growth of the channel. Major players in the market locate their brands through supermarkets. For instance, in 2015, Haagen-Dazs, launched ice cream in banana rum flavor, while Ben & Jerry launched ice cream in raspberry flavor.
In 2018, North America accounted for largest market share of 41.4% in the overall market. The growing health consciousness and changing diet among consumers has spurred the growth of the organic and natural ice creams in the region. The growing awareness about artificial flavors, and sugar content is a major factor increasing the demand of the product. Moreover, it has been observed that, consumer focus on packaging aspects before buying food product. For example, in 2017, Van Leeuwen saw rise in its revenue after packaging change.
Asia Pacific is estimated to grow at a significant CAGR rate from 2019 to 2025. The region is expected to have significant demand of ice cream as a popular dessert dish. The rising population along with rapid urbanization in the countries such as India, Thailand, and China is anticipated to propel the demand of the product in the next few years.
For instance, China surpassed the U.S., in 2014 for ice cream in the global market. Furthermore, the increasing demand of premium ice cream owing to the health benefits is anticipated to bolster the demand for the product in the coming few years.
Leading players in the market include Unilever, Van Leeuwan, Nestlé, Nye’s Cream Sandwiches, Toscanini’s, BI-RITE FAMILY OF BUSINESSES, SUCRES DES TERRES, Artinci Artisanal, MCCONNELL'S FINE ICE CREAM, and Carmela Ice Cream.Top players in the market are continuing to focus on developing innovative products to extend their product portfolio, and market reach. In 2018, SUCRES DES TERRES launched vegan ice cream in coconut flavors.
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Attribute |
Details |
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Base year for estimation |
2018 |
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Actual estimates/Historical data |
2015 - 2017 |
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Forecast period |
2019 - 2025 |
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Market representation |
Revenue in USD Million & CAGR from 2019 to 2025 |
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Regional scope |
North America, Europe, Asia Pacific, Central & South America & Middle East & Africa |
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Country scope |
U.S., U.K., Germany, China, India, Brazil, and South Africa. |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors and trends |
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15% free customization scope (equivalent to 5 analyst working days) |
If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization |
This report forecasts revenue growth at global, regional, and country levels and provides an analysis on the latest industry trends and opportunities in each of the sub-segments from 2015 to 2025. For the purpose of this study, Million Insights has segmented the global artisanal ice cream market report on the basis of distribution channel, and region:
• Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)
• Convenience Stores
• Specialty Stores
• Hypermarket & Supermarket
• Others
• Regional Outlook (Revenue, USD Billion, 2015 - 2025)
• North America
• U.S.
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East & Africa (MEA)
• South Africa
Research Support Specialist, USA