Global Ice Cream Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Artisanal Ice Cream, Impulse Ice Cream, and Take-Home Ice Cream.

By Category;

Dairy and Vegan.

By Flavor;

Vanilla, Chocolate, Fruit, and Others.

By Packaging;

Cup, Cone, Stick, Brick, Tub, and Others.

By Distribution Channel;

Hypermarket/Supermarket, Ice cream Parlor, Online Retailer, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn100387765 Published Date: May, 2025 Updated Date: June, 2025

Ice Cream Market Overview

Ice Cream Market (USD Million)

Ice Cream Market was valued at USD 77,454.23 million in the year 2024. The size of this market is expected to increase to USD 110,889.06 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.


Global Ice Cream Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.3 %
Market Size (2024)USD 77,454.23 Million
Market Size (2031)USD 110,889.06 Million
Market ConcentrationMedium
Report Pages381
77,454.23
2024
110,889.06
2031

Major Players

  • Unilever
  • Inspire Brands, Inc.
  • General Mills, Inc.
  • Kwality Wall’s
  • American Dairy Queen Corporation
  • Nestlé
  • Blue Bell Creameries
  • Cold Stone Creamery
  • Danone S.A.
  • NadaMoo

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Ice Cream Market

Fragmented - Highly competitive market without dominant players


The Ice Cream Market is expanding steadily as consumers increasingly turn to frozen desserts for enjoyment and refreshment. Demand has climbed by over 23%, supported by evolving snacking habits and growing interest in indulgent treats. Premium offerings such as craft-style ice creams and exotic flavor infusions continue to elevate the market, drawing attention from quality-seeking buyers.

Health-Oriented Innovations Fueling Demand
Modern consumers are opting for health-friendly ice creams with plant-based, low-calorie, or sugar-free compositions. Approximately 36% now choose functional variants with added benefits like probiotics or dairy-free formulations. The availability of healthier indulgence options has redefined market appeal, attracting both fitness-focused and diet-conscious individuals to frozen dessert aisles.

Flavors and Textures Unlocking Experience
Bold flavor experiments and multi-textural profiles are captivating a broader base of ice cream lovers. With 29% of buyers exploring new combinations, exotic infusions and layered formats are reshaping traditional expectations. This trend is particularly strong among younger consumers, who are drawn to personalized, sensory-driven products that go beyond conventional vanilla and chocolate.

Ethical Consumerism Shaping Market Trends
Consumer preference is steadily shifting toward eco-conscious brands that prioritize sustainable sourcing and minimal environmental impact. Nearly 27% of buyers favor options with recyclable packaging and transparent ingredients. Ice cream brands embracing these values are gaining trust and loyalty while differentiating themselves in a competitive, value-driven marketplace.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Category
    3. Market Snapshot, By Flavor
    4. Market Snapshot, By Packaging
    5. Market Snapshot, By Distribution Channel
    6. Market Snapshot, By Region
  4. Ice Cream Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Flavor Innovation
        2. Rising Incomes
        3. Health Consciousness
      2. Restraints
        1. Health Concerns
        2. Lactose Intolerance
        3. Price Sensitivity
      3. Opportunities
        1. Flavor Innovation
        2. Premiumization Trend
        3. Healthier Options
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Ice Cream Market, By Product Type, 2021 - 2031 (USD Million)
      1. Artisanal Ice Cream
      2. Impulse Ice Cream
      3. Take-Home Ice Cream
    2. Ice Cream Market, By Category, 2021 - 2031 (USD Million)
      1. Dairy
      2. Vegan
    3. Ice Cream Market, By Flavor, 2021 - 2031 (USD Million)
      1. Vanilla
      2. Chocolate
      3. Fruit
      4. Others
    4. Ice Cream Market, By Packaging, 2021 - 2031 (USD Million)
      1. Cup
      2. Cone
      3. Stick
      4. Brick
      5. Tub
      6. Others
    5. Ice Cream Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Hypermarket/Supermarket
      2. Ice cream Parlor
      3. Online Retailer
      4. Others
    6. Ice Cream Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Unilever
      2. Inspire Brands, Inc.
      3. General Mills, Inc.
      4. Kwality Wall’s
      5. American Dairy Queen Corporation
      6. Nestlé
      7. Blue Bell Creameries
      8. Cold Stone Creamery
      9. Danone S.A.
      10. NadaMoo
  7. Analyst Views
  8. Future Outlook of the Market