Ice Cream Market By Product Type (Traditional Ice Cream, Gelato, Sorbet, Frozen Yogurt, Vegan Ice Cream, Lactose-Free Ice Cream, Others), By Flavor (Chocolate, Vanilla, Strawberry, Fruit Flavors, Nut Flavors, Specialty Flavors, Others), By Distribution Channel (Supermarkets, Convenience Stores, Online Retailers, Specialty Stores, Foodservice, Others), By End-User (Individual Consumers, Foodservice, Institutions, Others), Global Market Size, Segmental Analysis, Regional Overview, Company Share Analysis, Leading Company Profiles And Market Forecast, 2025 – 2035.

Published Date: Mar 2025 | Report ID: MI2297 | 215 Pages

Industry Outlook

The Ice Cream market accounted for USD 93.75 Billion in 2024 and is expected to reach USD 192.52 Billion by 2035, growing at a CAGR of around 6.76% between 2025 and 2035. The ice cream market includes manufacturing operations, distribution, and retail activities of frozen dessert products, including conventional dairy ice cream, plant-based frozen treats, and specialty handmade frozen desserts.

The market receives its direction because of evolving buyer preferences, health-conscious tendencies, new flavor recipes, and specialty ingredients. The expansion of the market happened because beverage producers added lactose-free and low-calorie versions that meet various dietary requirements. The business experiences peak demand for its products, specifically during the summer months, because of seasonal influences. Supermarkets, convenience stores, and online platforms, in addition to specialty ice cream parlors, represent the distribution channels for ice cream products. The ice cream business received a transformation from the entrance of functional frozen desserts containing probiotics and protein, among other ingredients. The Asian-Pacific and North American ice cream markets experience rapid growth because of consumer income rises and population shifts toward cities. The transportation sector now uses sustainable packaging methods that combine environmental friendliness with natural ingredients. The premium, along with organic segments, is expanding in the market because consumers are increasingly choosing higher quality rather than greater quantity. The industry advances by incorporating consumer taste changes along with technological innovations. 

Report Scope:

ParameterDetails
Largest MarketNorth America
Fastest Growing MarketAsia Pacific
Base Year2024
Market Size in 2024USD 93.75 Billion
CAGR (2025-2035)6.76 %
Forecast Years2025-2035
Historical Data2018-2024
Market Size in 2035USD 192.52 Billion
Countries CoveredU.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Switzerland, Sweden, Finland, Netherlands, Poland, Russia, China, India, Australia, Japan, South Korea, Singapore, Indonesia, Malaysia, Philippines, Brazil, Argentina, GCC Countries, and South Africa
What We CoverMarket growth drivers, restraints, opportunities, Porter’s five forces analysis, PESTLE analysis, value chain analysis, regulatory landscape, pricing analysis by segments and region, company market share analysis, and 10 companies
Segments CoveredProduct Type, Flavor, Distribution Channel, End-user and Region

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Market Dynamics

Increasing global consumption due to rising disposable income and evolving taste preferences.

The global ice cream market is expanding rapidly because consumers possess greater spending power and have shifting preferences toward different flavors. Elevated income levels, specifically in new market economies, permit customers to try premium ice cream flavors, generating a willingness to experiment. Increasing household income leads consumers to invest more money in experiential food products, which promotes the market demand for plant-based alternatives as well as artisanal and organic food items. The expansion of retail networks, which includes supermarkets alongside online delivery services, has made ice cream accessible to more consumers because of urbanization.

World Population Review reports that nations possessing high disposable income levels demonstrate the highest ice cream consumption rates annually, since New Zealand inhabitants consume 28.4 liters and Americans use 20.8 liters annually. The changing eating habits, along with a growing interest in novel tastes composed of both rare fruits and functional components, guide current market trends. Governments throughout different nations provide support to both dairy operations and food production facilities, which enables accessory ice cream production increases. The implementation of dairy farming and cold chain logistics policies helps to develop production capabilities. Multiple factors unite to fuel the regular growth of ice cream industry operations throughout international markets.

Introduction of exotic flavors, plant-based ingredients, and functional ice creams.

A surge of growth in the global ice cream market emerges from the combination of exotic flavor introductions, plant-based elements, and function-rich ice cream products. The search for distinctive taste profiles by consumers has motivated companies to create new flavor variations, including lavender honey, turmeric chai, and blueberry cheesecake. The health-conscious trend drives the market because plant-based ice cream products prepared with milk alternatives like almond milk, coconut milk, or oat milk serve the needs of lactose-intolerant customers and vegans.

New research from the Good Food Institute shows that dairy-free alternatives in the U.S. plant-based ice cream market have grown at a yearly 14% rate. Health-conscious consumers now find functional ice creams containing probiotics and high-protein elements appealing because these products provide the two-fold benefits of both nutritional value and indulgence. New dairy-free ice cream products show how well the industry adapts to customer taste changes while driving the continuous growth of the worldwide ice cream market.

Fluctuating prices of dairy, sugar, and natural ingredients.

The ice cream market faces a major constraint due to price fluctuations of dairy products as well as sugar and natural ingredients. The uncertain price patterns of essential raw materials influence ice cream manufacturers through weather conditions and supply chain disturbances, while global trading standards affect market pricing unpredictably. The essential production ingredients milk and cream require price changes that significantly raise production expenses for dairy-based ice cream manufacturers. The price of sugar as a main sweetener undergoes adjustments based on worldwide market supply conditions.

The prices of natural ingredients, including both organic and exotic flavors used for ice cream flavors, are affected by market forces related to seasonal availability or raw material limitations. Higher manufacturing prices resulting from price hikes may affect customer demand through cost increases that need to be referred to consumers. Manufacturers must adjust both formulation and process production since price instability forces them to do so, thus affecting product quality and consistency. Market expansion, together with profits, experiences difficulties due to price instability.

Demand for handcrafted, organic, and small-batch ice creams.

Organic, handmade, and portion-controlled ice cream production remains highly attractive within the global ice cream market because of rising consumer demand. The rise of consumer preferences toward unique and authentic products with premium quality has increased the market interest for artisanal items. Handmade ice creams using premium ingredients together with traditional production methods deliver superior taste experiences that appeal to customers who seek premium quality sweets. People are selecting organic food products that contain no artificial components or preservatives because they choose natural dietary alternatives.

Small-batch production enables brand innovation, which allows testing new seasonal flavors and local ingredients in their recipes. The Food and Agriculture Organization (FAO) reports that worldwide organic dairy purchases have been expanding in a manner that boosts the market for organic ice creams. This trend receives increased momentum from the farm-to-table movement because customers want full visibility about ingredient origins. The high price of artisanal ice creams enables manufacturers to support their profitability while adjusting to changing raw material expenses. The specific segment shows ongoing expansion while presenting opportunities for companies that target changing market demands.

Innovations like protein-enriched and probiotic-infused varieties.

The global ice cream market shows significant potential through the introduction of icy treats that contain enriched protein levels with probiotic additives. The rise of health-conscious consumer behavior drives people to look for treatable indulgences that deliver supplementary nutritional value. The fitness crowd, together with those wishing to meet their protein needs, has access to protein-enriched ice cream products that combine the benefits of both taste and nutritional value. The market demand for functional foods is met by probiotic-infused ice creams, which contain beneficial bacteria to support gut health.

The U.S. National Institutes of Health (NIH) tracks growing interest among consumers who use probiotics for digestive health, which accelerates this market trend. These innovations cater to diet-restricted individuals who need both high-protein options and food that benefits their gastrointestinal health. The food industry uses dairy materials alongside plant-based proteins and new probiotic strains to produce quality food products that combine taste characteristics with functional properties. The growing market demand for functional foods creates a profitable opportunity for brands to succeed by introducing protein-enriched and probiotic ice cream products.

Industry Experts Opinion

The rise of social media and influencer culture has had a significant impact on the ice cream market, with visual appeal and novelty products gaining traction. Limited-edition flavors, customizable toppings, and creative presentation have become important selling points for ice cream brands. In the coming years, sustainability will play a crucial role, as consumers are becoming more aware of environmental impacts and seeking brands that prioritize eco-friendly practices, from sourcing ingredients to packaging.”

  • Dr. Michael Clark, Food Marketing Expert

Segment Analysis

Based on the product type, the Ice Cream Market has been classified into Traditional Ice Cream, Gelato, Sorbet, Frozen Yogurt, Vegan Ice Cream, Lactose-Free Ice Cream, and Others. Traditional ice cream rules the global ice cream market because of its widespread consumer attraction, rich flavors, and age-tested popularity. Traditional ice cream functions as a popular dessert that suits different consumer demographics because it finds widespread retail access together with new product development. Various innovations with premium components and textures for traditional ice cream products help serve consumers at both basic and elite market levels.

 

The tasting habits of traditional ice cream in North America, Europe, and Asia-Pacific continue to be high because this dairy dessert holds deep cultural value in these regions. The Food and Agriculture Organization (FAO) reports that dairy consumption keeps rising in various countries, which supports the market expansion of this sector. The public interest in plant-based and low-calorie solutions has not affected traditional ice cream's stable market leadership because people continue to enjoy its luxurious essence. Seasonal demand reaches its peak during summer and supports sales growth because consumers are expanding their dessert consumption throughout every calendar month. Traditional ice cream stays popular today due to new manufacturing innovations that manufacturers regularly develop.

Based on the Flavor, the Ice Cream Market has been classified into Chocolate, Vanilla, Strawberry, Fruit Flavors, Nut Flavors, Specialty Flavors, and Others. The global ice cream market is led by chocolate flavors because of their high popularity resulting from their rich taste, which attracts consumers from every demographic. Throughout all population groups, people show an active preference for chocolate ice cream since it maintains a steady demand in regular and high-end ice cream markets. The versatile nature of this flavor enables manufacturers to produce dark chocolate variants along with fudge flavors, chocolate chip options, and nut-based combinations, as well as caramel-based and fruit-infused creations.

 Food and Agriculture Organization (FAO) reports that cocoa consumption worldwide keeps increasing, which results in sustained demand for chocolate products. Chocolate ice cream serves as an attractive dessert option for consumers who want to experience a pleasurable indulgence. Manufacturers respond to changing consumer preferences by developing dairy-free chocolate ice cream and high-protein along with low-sugar ice cream varieties. The market position of chocolate ice cream strengthens because it exists throughout supermarkets as well as convenience stores and dedicated ice cream parlors. The timeless dominance of chocolate over other flavors in the market remains strong because people have always favored its enduring popularity combined with a rich sensorial experience.

Regional Analysis

The ice cream market in North America dominates worldwide because consumers there enjoy high intake rates and various flavors, and manufacturers adapt to changing expectations. The market demand for premium, organic ice creams in this area drives manufacturers to create innovative, dairy-free, protein-enriched, and low-sugar alternatives that match consumer health requirements. The United States stands as the leader of the ice cream market because it operates from a fully developed dairy sector alongside historical eating habits in terms of frozen desserts.

Canada experiences stable market growth because consumers continue to show increased interest in handcrafted and plant-based ice cream products. Dairy production factors cause price changes, which affect market behaviors according to research by the U.S. Department of Agriculture (USDA). Access to ice cream products remains simple throughout the region because supermarkets, convenience stores, and specialty ice cream parlors operate throughout the region. Summer seasonal consumption continues to be a major market force, but yearly ice cream consumption is increasing because of the expanding indoor dessert culture.

Asia-Pacific has become a major growth area for global ice cream markets because its residents now have more disposable income, are getting more urbanized, and their demands are changing. Climbing markets for healthy premium ice creams with plant-based and low-calorie options are spreading rapidly across China, India, and Japan. Supermarkets, along with convenience stores from retail chains, now make various products more accessible in all areas of the region.

Market growth receives further acceleration from the rising demand for Asian-inspired food like matcha and black sesame, along with durian. The Food and Agriculture Organization (FAO) reported that Asian populations are increasing their daily dairy intake, hence providing support for traditional ice cream manufacturing. The demand for handcrafted and locally sourced ice creams throughout the region grows because Asian customers value fresh ingredients along with natural food origins. Social media, along with global food trends, combined with the demand for innovative products such as probiotic and protein-enriched functional ice creams, has increased market interest rapidly.  

Competitive Landscape

The global ice cream market demonstrates significant dynamism through the dominant leadership of established market players. The ice cream market leadership goes to Unilever and Nestle, together with General Mills, because they provide a premium to budget-friendly health-conscious ice cream varieties. Community: These companies actively pursue innovative work on taste variety and product structure together with packaging for meeting modern consumer choice needs, including plant-based and protein-based preferences. The Indian dairy and bakery industries show a distinctive strength through regional enterprises, including Amul and Britannia, as they dedicate their operations to giving customers cost-effective options paired with locally based flavors in emerging markets.

Froneri, which Nestlé and PAI Partners established as a joint venture, has demonstrated quick market expansion within premium ice cream markets. Different brands operating on a smaller scale monitor public demand for handcrafted and eco-friendly products to develop distinct market categories. E-commerce platforms with delivery services have made the market more competitive because they provide exposure for smaller companies in the sector. Businesses now compete due to rising consumer interest in sustainable and transparent food products, which promotes clean-label labeling. The changing market environment creates possibilities for success between large corporate giants together with specialized brands of modest size.

Ice Cream Market, Company Shares Analysis, 2024

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Recent Developments:

  • In December 2024, Unilever launched a new line of plant-based ice creams under their Ben & Jerry’s brand called “Non-Dairy Chocolate Chip Cookie Dough.” This innovation caters to the growing demand for dairy-free, vegan-friendly desserts. The new line includes familiar flavors but with plant-based ingredients, allowing them to appeal to both dairy-free and environmentally conscious consumers.

Report Coverage:

By Product Type

  • Traditional Ice Cream
  • Gelato
  • Sorbet
  • Frozen Yogurt
  • Vegan Ice Cream
  • Lactose-Free Ice Cream
  • Others

By Flavor

  • Chocolate
  • Vanilla
  • Strawberry
  • Fruit Flavors
  • Nut Flavors
  • Specialty Flavors
  • Others

By Distribution Channel

  • Supermarkets
  • Convenience Stores
  • Online Retailers
  • Specialty Stores
  • Foodservice
  • Others

End-user

  • Individual Consumers
  • Foodservice
  • Institutions
  • Others

By Region

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Singapore
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

List of Companies:

  • Unilever
  • Nestlé
  • General Mills
  • Danone
  • Mars, Inc.
  • Lactalis Group
  • Froneri
  • Meiji Holdings Co., Ltd.
  • Britannia Industries
  • GCMMF (Amul)
  • Reeves International
  • Artisan Ice Cream Company
  • Turkey Hill Dairy
  • Rite Aid Corporation
  • Dean Foods

Frequently Asked Questions (FAQs)

The Ice Cream market accounted for USD 93.75 Billion in 2024 and is expected to reach USD 192.52 Billion by 2035, growing at a CAGR of around 6.76% between 2025 and 2035.

Key growth opportunities in the Ice Cream market include Demand for handcrafted, organic, and small-batch ice creams; Innovations like protein-enriched and probiotic-infused varieties; and Probiotic-rich products offering gut health benefits.

Product type is currently leading in the Ice Cream Market due to Traditional ice cream remains the most significant and dominant segment in the global ice cream market due to its widespread consumer preference, rich taste, and long-standing market presence. It continues to be a staple dessert choice across various demographics, driven by strong retail availability and product innovation. The segment benefits from continuous advancements in flavors, textures, and premium ingredients, catering to both mass-market and premium consumers.

North America is expected to remain the dominant region due to the high per capita consumption, diverse product offerings, and evolving consumer preferences. The region’s strong demand for premium, organic, and functional ice creams has fueled innovation, with manufacturers introducing protein-enriched, low-sugar, and dairy-free alternatives to cater to health-conscious consumers. The U.S. leads the market, supported by a well-established dairy industry and a culture of ice cream consumption. Canada is also witnessing steady growth, with rising interest in artisanal and plant-based ice creams.

Key operating players in the Ice Cream market are Unilever, Nestlé, and General Mills lead the market with a wide range of offerings, including premium, budget-friendly, and health-conscious ice cream products. These companies focus on continuous innovation in flavors, textures, and packaging to cater to evolving consumer preferences, such as plant-based and protein-enriched options. Regional players like Amul and Britannia have a strong presence in emerging markets, focusing on affordability and local flavors.

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