United States Ice Cream Market is forecasted to increase by a CAGR of 3.83% from 2024 to 2030
The growth is fueled by the evolution of lifestyles and the upward thrust in disposable incomes in the United States. With busy schedules and a choice for comfort, customers are searching for indulgent treats for immediate gratification. Also, better discretionary spending lets in more frequent indulgence in premium and artisanal ice cream types. People prioritize studies and excellence, so they are willing to discover new flavors and types, propelling innovation and growth in the ice cream market. This shift underscores the intersection of lifestyle changes and monetary factors propelling the ice cream enterprise.Moreover, product advancements in the United States ice cream market focus on enhancing nutritional content material and taste profiles. Brands innovate with decreased sugar, excessive protein, and dairy-free formulations to cater to fitness-conscious purchasers. Also, they experiment with unique flavors, top-class ingredients, and artisanal techniques to raise taste reviews. With an emphasis on first-rate and innovation, those advancements address evolving consumer alternatives for healthier indulgences without compromising taste, driving increase and variety within the ice cream market.
The ice cream market is facing an increased restraint because of the growing health focus amongst consumers who devour high-calorie ice cream. One hundred grams of ice cream includes 207 calories, making it an excessive-calorie food. As a result, the demand for vegan and organic ice cream is growing in the US market. Health-aware purchasers search for plant-based options, propelling the dairy-free and natural ice cream boom. This trend indicates a shift in the direction of sustainable and moral selections. So, the United States ice cream market was US$ 17.6 Billion in 2023.
Chocolate is a favorite among consumers in the United States ice cream market
The United States ice cream market has branched into chocolate, vanilla, fruit, and others by flavors. Chocolate flavors are poised to lead the United States ice cream market. This is due to their enduring recognition and versatility. From traditional favorites like chocolate chip and fudge truffles to innovative versions like salted caramel chocolate, chocolate appeals to a vast spectrum of customers. Its wealthy, indulgent flavor satisfies cravings and gives consolation, making it a perennial choice. Chocolate remains a pinnacle desire as consumers seek familiar but interesting flavors, driving its predicted leadership inside the US ice cream market.Impulse category within the United States ice cream market is favored
By category, the United States ice cream market is segmented into Impulse, Take-home, and Artisanal. The impulse category is positioned to increase in the ice cream market. This is owed to a growing awareness of comfort and on-the-move snacking. Impulse purchases thrive, especially in high-visitor areas like comfort shops and tourist destinations. The upward thrust of single-serve packaging and innovative product formats also caters to spontaneous cravings. As customers prioritize comfort and instantaneous gratification, the impulse class is poised to grow, reflecting evolving consumption styles in the ice cream market in the United States.Cups and cones are becoming more desired in the United States ice cream market
The United States ice cream market is fragmented into Cups, Sticks, Cones, Bricks, Tubs, and Others by packaging type. Cups and cones are poised to dominate the US ice cream market. This is due to the fact that they offer portable and customizable options and cater to various customer possibilities. Cups provide mess-free enjoyment, ideal for on-the-move consumption, while cones give a classic and nostalgic experience. With many flavors and toppings, cups and cones remain famous, riding their expected dominance within the United States ice cream market.Consumers in the United States prefer buying ice cream from supermarkets and hypermarkets
By distribution channel, the United States ice cream market comprises Supermarkets and hypermarkets, Convenience Stores, Specialty Stores, and Online Sales Channels. Supermarkets and hypermarkets are expected to increase their presence within the market. This is because of their extensive accessibility and giant product offerings. With purchasers increasingly searching for comfort and one-stop shopping experiences, these retail channels provide diverse ice cream brands and flavors. Moreover, promotional strategies and aggressive pricing drive impulse purchases. As supermarkets and hypermarkets enlarge their ice cream services, they may be poised to capture a more significant market share.Key Players
Nestle SA, Unilever Group, General Mills, Danone S.A., Mondelez International, Inc., Meiji Co. Ltd., American Dairy Queen Corporation, and Blue Bell Creameries are present in the United States ice cream market.In October 2022 - Unilever partnered with ASAP to deliver its ice cream products. Under the partnership, ASAP will also offer ice cream and treats from Unilever's virtual store, The Ice Cream Shop.
Flavor - United States Ice Cream Market breakup in 4 viewpoints:
1. Chocolate2. Vanilla
3. Fruit
4. Others
Category - United States Ice Cream Market breakup in 3 viewpoints:
1. Impulse2. Take-home
3. Artisanal
Packaging types - United States Ice Cream Market breakup in 6 viewpoints:
1. Cups2. Sticks
3. Cones
4. Bricks
5. Tubs
6. Others
Distribution Channel - United States Ice Cream Market breakup in 4 viewpoints:
1. Supermarkets and hypermarkets2. Convenience Stores
3. Specialty Stores
4. Online Sales Channels
All the Key players have been covered from 3 Viewpoints:
- Overview
- Recent Development
- Revenue Analysis
Company Analysis:
1. Nestle SA2. Unilever Group
3. General Mills
4. Danone S.A.
5. Mondelez International, Inc.
6. Meiji Co. Ltd.
7. American Dairy Queen Corporation
8. Blue Bell Creameries
Table of Contents
Companies Mentioned
- Nestle SA
- Unilever Group
- General Mills
- Danone S.A.
- Mondelez International, Inc.
- Meiji Co. Ltd.
- American Dairy Queen Corporation
- Blue Bell Creameries
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 | 120 |
Published | March 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 17.6 Billion |
Forecasted Market Value ( USD | $ 22.9 Billion |
Compound Annual Growth Rate | 3.8% |
Regions Covered | United States |
No. of Companies Mentioned | 8 |