The APAC ice cream market is expected to grow from US$ 27,289.30 million in 2022 to US$ 37,290.76 million by 2028; it is estimated to grow at a CAGR of 5.3% from 2022 to 2028.
Vendors in the ice cream market can attract new customers and expand their footprints in emerging markets by offering products with new features and technologies. This factor is likely to drive the APAC ice cream market at a good CAGR during the forecast period.
Based on category, the market is segmented into conventional and sugar free. The conventional segment dominated the market in 2022 and sugar free segment is expected to register the highest CAGR during the forecast period.
Based on form, the APAC ice cream market is segmented into cups & tubs, bars & sticks, and others. The cups & tubs segment dominated the market in 2022, and the bars & sticks segment is expected to register the highest CAGR during the forecast period.
Based on distribution channel, the APAC ice cream market is segmented into supermarkets and hypermarkets, specialty store, online retail, and others. The supermarkets and hypermarkets segment dominated the market in 2022, and the online retail segment is expected to register the highest CAGR during the forecast period.
Based on country, the APAC ice cream market is segmented into China, Japan, India, Australia, South Korea, and Rest of APAC.
General Mills Inc.; Inspire Brands, Inc.; Lotte Confectionery Co., Ltd.; Mars, Incorporated; Nestlé S.A.; and Unilever are among the leading companies in the APAC ice cream market.
Vendors in the ice cream market can attract new customers and expand their footprints in emerging markets by offering products with new features and technologies. This factor is likely to drive the APAC ice cream market at a good CAGR during the forecast period.
APAC Ice Cream Market Segmentation
The APAC ice cream market is segmented on the basis of flavor, category, form, distribution channel, and country. Based on flavor, the market is segmented into vanilla, chocolate, fruit, and others. The chocolate segment dominated the market in 2022 and is expected to register the highest CAGR during forecast period.Based on category, the market is segmented into conventional and sugar free. The conventional segment dominated the market in 2022 and sugar free segment is expected to register the highest CAGR during the forecast period.
Based on form, the APAC ice cream market is segmented into cups & tubs, bars & sticks, and others. The cups & tubs segment dominated the market in 2022, and the bars & sticks segment is expected to register the highest CAGR during the forecast period.
Based on distribution channel, the APAC ice cream market is segmented into supermarkets and hypermarkets, specialty store, online retail, and others. The supermarkets and hypermarkets segment dominated the market in 2022, and the online retail segment is expected to register the highest CAGR during the forecast period.
Based on country, the APAC ice cream market is segmented into China, Japan, India, Australia, South Korea, and Rest of APAC.
General Mills Inc.; Inspire Brands, Inc.; Lotte Confectionery Co., Ltd.; Mars, Incorporated; Nestlé S.A.; and Unilever are among the leading companies in the APAC ice cream market.
Table of Contents
1. Introduction
3. Research Methodology
4. APAC Ice Cream Market Overview
5. APAC Ice Cream Market - Key Market Dynamics
6. Ice Cream Market - APAC Market Analysis
7. APAC Ice Cream Market Analysis - By Flavor
8. APAC Ice Cream Market Analysis - By Category
9. APAC Ice Cream Market Analysis - By Form
10. APAC Ice Cream Market Analysis - By Distribution Channel
11. APAC Ice Cream Market - Country Analysis
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned
- Inspire Brands, Inc.
- Lotte Confectionery Co., Ltd.
- Mars, Incorporated
- Nestlé S.A.
- Unilever
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 121 |
Published | October 2022 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 27289.3 Million |
Forecasted Market Value ( USD | $ 37290.76 Million |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Asia Pacific |
No. of Companies Mentioned | 5 |