Europe Ice Cream Market is forecasted to be valued at around US$ 28.57 Billion by 2030. Ice cream enjoys enduring international popularity, including in Europe, where it's far loved in the culinary lifestyle. Loved for its creamy texture and diverse flavors, ice cream is loved across European nations and enjoyed by human beings of every age. Each vicinity boasts specific versions, from conventional gelato in Italy to indulgent French sorbets. Ice cream remains a staple in European cuisine, whether loved as a clean summertime treat or a comforting dessert year-round, delighting taste buds everywhere.
Over the past few years, people's lifestyles have developed substantially. The growing demand for frozen desserts can be attributed to modifications in client food preferences, comfort, and higher disposable earnings. The advent of new dessert products has additionally contributed to this fashion. High-quality frozen desserts are becoming popular among millennials and smaller households, who find them a practical digestive resource. These factors are propelling the increase of the ice cream market in Europe, substantially. So, the Europe ice cream market was US$ 21.04 Billion in 2023.
Ice cream parlors have observed a developing trend among clients who decide on locally sourced and organic ingredients. Many stores have begun using regionally produced dairy and results to cater to this preference to ensure sustainability and freshness. In addition to the elements' quality, the ice cream's look is likewise essential for marketing. Many ice cream stores create visually appealing cakes and promote them on social media to attract more customers. Ice cream stores have expanded their menus to offer gluten-free, sugar-free, or keto-friendly ice creams to cater to customers with nutritional restrictions and possibilities. These stores also test with new and extraordinary ingredients to stand out from their competitors.
In January 2022 - Magnum, the brand owned by Unilever, launched a new range of vegan bite-sized ice creams. These ice creams are made with pea protein to cater to the increasing consumers embracing veganism.
2. Cones & Cups
3. Tubs & Bricks
4. Others
2. Take home
3. Artisanal
2. Vanilla
3. Fruit
4. Others
2. Convenience Stores
3. Specialty Stores
4. Online Sales Channel
2. Germany
3. Italy
4. Spain
5. United Kingdom
6. Belgium
7. Netherland
8. Turkey
9. Rest of Europe
2. General Mills
3. Meiji Co. Ltd.
4. Unilever Group
5. Mondelez International, Inc.
6. Nestlé SA
7. DMK Group
8. Danone S.A.
Europe Ice Cream Market is anticipated to undergo a CAGR of 4.47% from 2024 to 2030
The premiumization trend in the ice cream market is fueling growth in Europe. Consumers increasingly seek fantastic, artisanal ice cream with unique flavors and top-class components. This shift towards upscale merchandise has led to the emergence of gourmet ice cream manufacturers and specialty parlors across the continent. European customers are willing to pay more for indulgent, luxurious ice cream stories, driving a sales boom. The demand for upscale services reflects a choice for an extended taste experience and contributes to the expansion of the Europe ice cream market.Over the past few years, people's lifestyles have developed substantially. The growing demand for frozen desserts can be attributed to modifications in client food preferences, comfort, and higher disposable earnings. The advent of new dessert products has additionally contributed to this fashion. High-quality frozen desserts are becoming popular among millennials and smaller households, who find them a practical digestive resource. These factors are propelling the increase of the ice cream market in Europe, substantially. So, the Europe ice cream market was US$ 21.04 Billion in 2023.
Ice cream parlors have observed a developing trend among clients who decide on locally sourced and organic ingredients. Many stores have begun using regionally produced dairy and results to cater to this preference to ensure sustainability and freshness. In addition to the elements' quality, the ice cream's look is likewise essential for marketing. Many ice cream stores create visually appealing cakes and promote them on social media to attract more customers. Ice cream stores have expanded their menus to offer gluten-free, sugar-free, or keto-friendly ice creams to cater to customers with nutritional restrictions and possibilities. These stores also test with new and extraordinary ingredients to stand out from their competitors.
Tubs and bricks represent popular products in the Europe ice cream market
By product, the Europe ice cream market is fragmented into Sticks/Bars, Cones & Cups, Tubs & Bricks, and Others.Tubs and bricks are among the popular Europe ice cream market products. This is due to their convenience and versatility. These formats allow clients to experience ice cream for their enjoyment, whether scooped into bowls for family gatherings or savored directly from the container as a personal indulgence. Also, tubs and bricks often feature numerous flavors and formulations, catering to multiple preferences and nutritional needs. Their widespread availability and affordability make them staples in European households, contributing to their reputation within the ice cream market.Impulse segment dominates the Europe ice cream market
By type, the Europe ice cream market is segmented into Impulse, Take home, and Artisanal. The impulse type is one of the main categories in the Europe ice cream market. This is because of its comfort and enchantment to spontaneous purchases. Impulse ice cream merchandise near the checkout counter and high-site visitor regions are designed to take the progress of impulsive buying behavior. Their single-serve packaging and portable nature make them ideal for on-the-go intake, catering to busy existence. Besides, diverse flavors and novelty options appeal to purchasers of all ages, ensuring steady demand and bolstering the impulse type's role as a market leader in Europe.Chocolate is one of the most liked tastes in the Europe ice cream market
By flavor, the Europe ice cream market is categorized into Chocolate, Vanilla, Fruit, and Others. Chocolate is one of the desired flavors in the Europe ice cream market. This is due to its prevalent attraction and creativity. Renowned for its rich and extravagant taste, chocolate ice cream satisfies customers' cravings for decadence and comfort. It holds an undying allure that transcends age and cultural boundaries, making it a liked desire throughout European countries. Whether loved on its own or as a part of a tasty sundae or dessert, chocolate ice cream stays a perennial favorite, driving steady demand and solidifying its status as a top taste in the ice cream market.Supermarkets and hypermarkets are among the popular segments in the Europe ice cream market
By distribution channel, the Europe ice cream market is classified into Supermarkets and hypermarkets, Convenience Stores, Specialty Stores, and Online Sales Channel. Supermarkets and hypermarkets are one of the significant distribution channels in the Europe ice cream market. This is due to their widespread presence and comfort. These retail giants provide a considerable choice of ice cream brands and flavors, attracting a diverse patron base. With nicely prepared freezer sections and competitive pricing, supermarkets, and hypermarkets offer a one-stop buying delight for customers looking for ice cream. Their accessibility and capacity to cater to various tastes and choices make them the preferred European ice cream distribution channels.France stands out as a recognized player in the Europe ice cream market
By countries, the Europe ice cream market is divided into France, Germany, Italy, Spain, United Kingdom, Belgium, Netherland, Turkey, and Rest of Europe. France is one of the most persistent countries in the Europe ice cream market. This is due to its wealthy culinary heritage and dedication to artisanal craftsmanship. Renowned for its expensive desserts and complicated palate, France excels in producing premium ice cream using top-class elements like sparkling dairy, result, and natural flavors. French ice cream parlors called "galleries" offer a satisfying array of traditional and modern flavors, enticing locals and tourists alike. France's dedication to culinary innovation and gastronomic excellence also ensures continuous boom and innovation within its vibrant ice cream enterprise, solidifying its reputation as a leader in the European market.Key Players
Froneri International Limited, General Mills, Meiji Co. Ltd., Unilever Group, Mondelez International, Inc., Nestlé SA, DMK Group, and Danone S.A. are the major Europe ice cream market enterprises.In January 2022 - Magnum, the brand owned by Unilever, launched a new range of vegan bite-sized ice creams. These ice creams are made with pea protein to cater to the increasing consumers embracing veganism.
Products - Europe Ice Cream Market breakup in 4 viewpoints:
1. Sticks/Bars2. Cones & Cups
3. Tubs & Bricks
4. Others
Type - Europe Ice Cream Market breakup in 3 viewpoints:
1. Impulse2. Take home
3. Artisanal
Flavor - Europe Ice Cream Market breakup in 4 viewpoints:
1. Chocolate2. Vanilla
3. Fruit
4. Others
Distribution Channel - Europe Ice Cream Market breakup in 4 viewpoints:
1. Supermarkets and hypermarkets2. Convenience Stores
3. Specialty Stores
4. Online Sales Channel
Countries - Europe Ice Cream Market of 9 Countries Covered in the Report:
1. France2. Germany
3. Italy
4. Spain
5. United Kingdom
6. Belgium
7. Netherland
8. Turkey
9. Rest of Europe
All the Key players have been covered from 3 Viewpoints:
- Overview
- Recent Development
- Revenue Analysis
Company Analysis:
1. Froneri International Limited2. General Mills
3. Meiji Co. Ltd.
4. Unilever Group
5. Mondelez International, Inc.
6. Nestlé SA
7. DMK Group
8. Danone S.A.
Table of Contents
1. Introduction2. Research Methodology3. Executive Summary5. Europe Ice Cream Market
4. Market Dynamics
6. Market Share - EuropeIce Cream Market
7. Product - Global Ice Cream Market
8. Type - Europe Ice Cream Market
9. Flavors - Europe Ice Cream Market
10. Distribution Channel - Europe Ice Cream Market
11. Countries - Europe Ice Cream Market
12. Porter’s Five Forces Analysis - Europe Ice Cream Market
13. SWOT Analysis - Europe Ice Cream Market
14. Key Players Analysis
List of Figure
List of Tables
Companies Mentioned
- Froneri International Limited
- General Mills
- Meiji Co. Ltd.
- Unilever Group
- Mondelez International, Inc.
- Nestlé SA
- DMK Group
- Danone S.A.
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 150 |
| Published | March 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 21.04 Billion |
| Forecasted Market Value ( USD | $ 28.57 Billion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 8 |
