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Australia Ice Cream Market Report and Forecast 2025-2034

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    Report

  • 150 Pages
  • March 2025
  • Region: Australia
  • Expert Market Research
  • ID: 6067538
According to this report, the Australia ice cream market size reached around USD 1.05 billion in 2024. Aided by the rising demand for innovative flavours, premium ingredients, and unique product offerings, combined with shifting consumer preferences toward indulgent treats, the market is projected to grow at a CAGR of 4.1% between 2025 and 2034, reaching a value of nearly USD 1.58 billion by 2034.

Ice cream has long been a popular dessert in Australia, known for its ability to satisfy sweet cravings across all age groups. As a nation with a strong food culture, Australians have embraced ice cream in various forms, from traditional cones to decadent sundaes and inventive frozen desserts.

A key factor contributing to the growth of the Australia ice cream market is the increasing trend of premiumisation. Consumers are becoming more discerning, opting for high-quality ingredients, unique flavours, and artisanal products. Premium ice cream brands, often featuring organic, natural, and ethically sourced ingredients, have gained considerable traction in the Australian market. There is a growing preference for indulgent yet high-quality options that offer not only excellent taste but also health-conscious choices. The increasing focus on clean labels, natural ingredients, and minimal additives aligns with the evolving consumer desire for transparency and healthier alternatives.

The growing popularity of plant-based and dairy-free options is another important trend that is shaping the Australia ice cream market landscape. As the demand for plant-based foods continues to rise, driven by shifting dietary preferences and concerns over health and sustainability, ice cream brands have been quick to respond by introducing dairy-free alternatives. These products, often made from almond, coconut, or oat milk, offer a creamy texture and indulgent taste that appeals to those avoiding dairy or seeking vegan options. The increased availability of plant-based ice cream has also been enhanced by the rise in the number of vegans and flexitarians in Australia, further expanding the market's scope.

Another significant driver aiding the Australia ice cream market expansion is the ongoing innovation by key players. Manufacturers are continually introducing new and exciting flavours, limited-edition offerings, and creative formats to capture the attention of consumers. Novel flavour combinations, exotic ingredients, and premium toppings have become key differentiators for ice cream brands in Australia. For instance, there has been a surge in the popularity of international flavours, such as matcha, salted caramel, and exotic fruit blends, providing consumers with new taste experiences. Additionally, frozen yogurt and gelato variants are becoming increasingly popular as consumers seek lighter alternatives with a similar indulgent appeal.

The rise of e-commerce and online shopping is another factor supporting the Australia ice cream market development. With the convenience of home delivery services and the expansion of online grocery shopping, consumers are able to access a broader range of ice cream products from their homes. Many premium and speciality ice cream brands now offer their products through direct-to-consumer platforms, giving customers the opportunity to explore new offerings and enjoy their favourite frozen treats with ease. The ability to order ice cream online has made it easier for Australians to enjoy a wide selection of flavours without needing to visit a physical store, further enhancing the market’s expansion.

Sustainability is another growing consideration among Australian consumers, and this trend is influencing the Australia ice cream market dynamics. Manufacturers are increasingly aware of their environmental impact and are adopting more sustainable practices in their production and packaging. The push toward eco-friendly packaging, such as biodegradable or recyclable materials, is gaining momentum in the ice cream industry.

Furthermore, many brands are focusing on the sustainable sourcing of ingredients, such as responsibly sourced cocoa, vanilla, and fruit, to meet the demand for ethical products. Consumers, especially younger demographics, are increasingly seeking products that align with their values, and companies that prioritise sustainability are better positioned to cater to this segment.

The Australia ice cream market is also benefiting from the rise of foodservice and the growing trend of premium ice cream parlours and kiosks. Artisanal ice cream shops that offer handcrafted and locally sourced ice cream have become popular destinations for consumers seeking unique, high-quality desserts. These establishments often focus on providing an experiential and customized offering, where customers can select from a range of exciting flavour combinations and toppings, creating a personalised indulgence.

Furthermore, the health-conscious trend is influencing the Australia ice cream market, as consumers seek ice cream products that are lower in sugar, fat, or calories without compromising on taste. Low-calorie, low-sugar, and high-protein ice cream variants are increasingly popular among consumers who are looking for a guilt-free indulgence. Brands are responding to this demand by introducing healthier alternatives that cater to those following specific dietary preferences, including options for lactose-intolerant individuals and those with dietary restrictions such as keto or paleo diets.

In conclusion, the Australia ice cream market is set to experience continued growth during the forecast period. With consumer demand driven by a shift toward premium, innovative, and sustainable offerings, the market is evolving to meet new trends in health, sustainability, and indulgence. As brands continue to introduce new flavours, healthier alternatives, and plant-based options, they are expanding the appeal of ice cream to a broader consumer base. With its strong seasonal appeal and the ongoing evolution of consumer preferences, the market in Australia remains a dynamic and growing sector that is well-positioned for sustained success in the coming years.

Market Segmentation

The market can be divided based on category, flavour, product, end use, distribution channel, and region.

Market Breakup by Category

  • Artisanal Ice Cream
  • Impulse Ice Cream
  • Take-Home Ice Cream

Market Breakup by Flavour

  • Vanilla
  • Chocolate
  • Fruit
  • Others

Market Breakup by Product

  • Stick
  • Tub
  • Cup
  • Brick
  • Cone
  • Others

Market Breakup by End Use

  • Retailers
  • Food Service

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Speciality Stores
  • Online Stores
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Australia ice cream market. Some of the major players explored in the report are as follows:
  • Australasian Food Group Pty Limited
  • Golden North Ice Cream
  • General Mills Inc.
  • Unilever Australia Limited
  • Regal Cream Products Pty Ltd.
  • Invidia Foods
  • Supatreats Australia Pty. Ltd.
  • Others

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Australia Ice Cream Market Overview
5.1 Key Industry Highlights
5.2 Australia Ice Cream Historical Market (2018-2024)
5.3 Australia Ice Cream Market Forecast (2025-2034)
6 Australia Ice Cream Market by Category
6.1 Artisanal Ice Cream
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Impulse Ice Cream
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
6.3 Take-Home Ice Cream
6.3.1 Historical Trend (2018-2024)
6.3.2 Forecast Trend (2025-2034)
7 Australia Ice Cream Market by Flavour
7.1 Vanilla
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Chocolate
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Fruit
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Others
8 Australia Ice Cream Market by Product
8.1 Stick
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Tub
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Cup
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Brick
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Cone
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Others
9 Australia Ice Cream Market by End Use
9.1 Retailers
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Food Service
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
10 Australia Ice Cream Market by Distribution Channel
10.1 Supermarkets and Hypermarkets
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 Speciality Stores
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Online Stores
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 Others
11 Australia Ice Cream Market by Region
11.1 New South Wales
11.1.1 Historical Trend (2018-2024)
11.1.2 Forecast Trend (2025-2034)
11.2 Victoria
11.2.1 Historical Trend (2018-2024)
11.2.2 Forecast Trend (2025-2034)
11.3 Queensland
11.3.1 Historical Trend (2018-2024)
11.3.2 Forecast Trend (2025-2034)
11.4 Australian Capital Territory
11.4.1 Historical Trend (2018-2024)
11.4.2 Forecast Trend (2025-2034)
11.5 Western Australia
11.5.1 Historical Trend (2018-2024)
11.5.2 Forecast Trend (2025-2034)
11.6 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Supplier Selection
13.2 Key Global Players
13.3 Key Regional Players
13.4 Key Player Strategies
13.5 Company Profiles
13.5.1 Australasian Food Group Pty Limited
13.5.1.1 Company Overview
13.5.1.2 Product Portfolio
13.5.1.3 Demographic Reach and Achievements
13.5.1.4 Certifications
13.5.2 Golden North Ice Cream
13.5.2.1 Company Overview
13.5.2.2 Product Portfolio
13.5.2.3 Demographic Reach and Achievements
13.5.2.4 Certifications
13.5.3 General Mills Inc.
13.5.3.1 Company Overview
13.5.3.2 Product Portfolio
13.5.3.3 Demographic Reach and Achievements
13.5.3.4 Certifications
13.5.4 Unilever Australia Limited
13.5.4.1 Company Overview
13.5.4.2 Product Portfolio
13.5.4.3 Demographic Reach and Achievements
13.5.4.4 Certifications
13.5.5 Regal Cream Products Pty Ltd.
13.5.5.1 Company Overview
13.5.5.2 Product Portfolio
13.5.5.3 Demographic Reach and Achievements
13.5.5.4 Certifications
13.5.6 Invidia Foods
13.5.6.1 Company Overview
13.5.6.2 Product Portfolio
13.5.6.3 Demographic Reach and Achievements
13.5.6.4 Certifications
13.5.7 Supatreats Australia Pty. Ltd.
13.5.7.1 Company Overview
13.5.7.2 Product Portfolio
13.5.7.3 Demographic Reach and Achievements
13.5.7.4 Certifications
13.5.8 Others

Companies Mentioned

  • Australasian Food Group Pty Limited
  • Golden North Ice Cream
  • General Mills Inc.
  • Unilever Australia Limited
  • Regal Cream Products Pty Ltd.
  • Invidia Foods
  • Supatreats Australia Pty. Ltd.

Methodology

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Table Information