North America Ice Cream Market Outlook
Ice cream represents a sweet and frozen dairy product prepared with cream, milk, sugar, flavoring substances, etc. It is a rich source of carbohydrates, calcium, vitamins, phosphorus, etc. Ice cream is given a creamy and soft texture using several special techniques and is available in various flavors, such as strawberry, butterscotch, chocolate, vanilla, tutti fruity, etc. Consequently, it is widely consumed across countries as a dessert and comfort food.
How has the North America ice cream market performed so far and how will it perform in the coming years?
The North America ice cream market size reached US$ 13.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 17.5 Billion by 2027, exhibiting a growth rate (CAGR) of 4.5% during 2022-2027.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
What are the key driving factors and challenges in the North America ice cream industry?
The expanding dairy industry is one of the primary factors driving the North America ice cream market. Moreover, the growing consumer inclination towards genetically modified organism (GMO)-free, preservative-free, fat-free, and organic product variants is further catalyzing the market growth. Besides this, the launch of numerous new policies by government bodies pertaining to the labeling, manufacturing, and production of ice cream is augmenting the regional market.
Additionally, the significant growth in modern retail formats, such as departmental stores, hypermarkets, supermarkets, convenience stores, etc., is acting as another significant growth-inducing factor. Apart from this, the rising improvements in cold chain infrastructures, including the procurement of trained operational and servicing personnel, development of temperature-controlled storage spaces, application of efficient management procedures, etc., are anticipated to fuel the North America ice cream market over the forecasted period.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
What is the structure of the North America ice cream industry and who are the key players?
The report has categorized the market based on flavor, category, product and distribution channel.
Market by Flavor
- Chocolate
- Fruit
- Vanilla
- Others
Market by Category
- Impulse Ice Cream
- Take-Home Ice Cream
- Artisanal Ice Cream
Market by Product
- Cup
- Stick
- Cone
- Brick
- Tub
- Others
Market by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Ice cream Parlours
- Online Stores
- Others
Key Regions Analyzed
- United States
- Canada
- Mexico
Competitive Landscape
- Competitive Structure
- Key Player Profiles
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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