04 Nov North America Ice Cream Market Overview, Size, Share, Trends, Outlook, and Research Report 2024-2032
North America Ice Cream Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 3.8% (2024-2032)
Market Size in 2023: USD 14.8 Billion
Market Forecast in 2032: USD 20.9 Billion
Key trends in the market include the rising demand for plant-based alternatives, functional ingredients, and sustainability practices. According to the latest report by IMARC Group, the market size reached US$ 14.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 20.9 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/north-america-ice-cream-market/requestsample
North America Ice Cream Industry Trends and Drivers:
Trends in the North American Ice Cream Market
- Plant-Based Options:
- Growing consumer interest in plant-based ice cream driven by dietary preferences and environmental concerns.
- Surge in products made from almond, coconut, and oat milk.
- Incorporation of Functional Ingredients:
- Use of probiotics and adaptogens to appeal to health-conscious consumers.
- Ice cream is increasingly seen as both a treat and a health-supporting option.
- Sustainability Focus:
- Companies adopting eco-friendly packaging and sustainable sourcing practices.
- Appeal to environmentally conscious buyers.
- Technological Advancements:
- Brands experimenting with new flavors and textures.
- Differentiation in a competitive market.
- Direct-to-Consumer Sales:
- Growth of e-commerce channels for convenient delivery options.
- Brands building stronger customer relationships online.
Market Drivers
- Shifting Consumer Preferences:
- Increased product innovation responding to consumer desires for healthier dessert options.
- Rising demand for low-fat, low-calorie, and dairy-free alternatives.
- Premium and Artisanal Ice Cream:
- Popularity among millennials and Generation Z seeking unique flavors and high-quality ingredients.
- Focus on innovative flavors, organic ingredients, and non-dairy options.
- Convenience of Packaging:
- Growth in pre-packaged and single-serve ice creams for time-conscious consumers.
- Ready-to-eat dessert options supporting market growth.
- Improved Distribution Networks:
- Enhanced availability across retail stores, online platforms, and specialty shops.
- Strategic Expansion of Brands:
- Both established companies and new entrants expanding in North America.
- Multinational brands increasing their footprint through acquisitions and partnerships with local businesses.
- Creation of a positive market outlook by reaching a wider audience.
North America Ice Cream Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest North America ice cream market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.
The report has segmented the market into the following categories:
Breakup by Flavor:
- Chocolate
- Fruit
- Vanilla
- Others
Breakup by Category:
- Impulse Ice Cream
- Take-Home Ice Cream
- Artisanal Ice Cream
Breakup by Product:
- Cup
- Stick
- Cone
- Brick
- Tub
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Ice cream Parlours
- Online Stores
- Others
Breakup by Country:
- United States
- Canada
- Mexico
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Ask Our Expert & Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=1524&flag=C
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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