The North America ice cream market is expected to grow from US$ 29,123.72 million in 2022 to US$ 36,434.78 million by 2028; it is estimated to grow at a CAGR of 3.8% from 2022 to 2028.
Ice cream manufacturers are developing products with nutritional components, organic herbal fillings, and exotic flavors to acquire a competitive advantage and attract consumers. Manufacturers are introducing ice creams of new exotic flavors, including coconut, lemon, and tropical fruits, to adapt to shifting consumers’ tastes. Additionally, manufacturers such as Skinny Cow are offering low-calorie and low-fat ice creams for health-conscious consumers. As a result, their consumer base is increasing. Also, ice cream manufacturers are investing significantly in product innovation to expand their customer base and meet emerging consumer trends. Many brands and companies are launching innovative limited edition and seasonal flavors for frozen desserts in collaboration with other small players, which is gaining traction among consumers. Therefore, introduction of ice creams with innovative flavors are driving the growth of ice cream market.
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Vendors in the North America 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 market at a good CAGR during the forecast period.
North America Ice Cream Strategic Insights
Strategic insights for the North America Ice Cream provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Market leaders and key company profiles
Blue Bell Creameries
Dairy Farmers of America, Inc.
General Mills Inc.
Inspire Brands, Inc.
Lotte Confectionery Co., Ltd.
Mars, Incorporated
Nestlé S.A.
Turkey Hill Dairy
Unilever
Wells Enterprises
North America Ice Cream Regional Insights
The geographic scope of the North America Ice Cream refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
North America Ice Cream Market Segmentation The North America 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 the forecast period. Based on category, the market is bifurcated into conventional and sugar free. The conventional segment dominated the market in 2022, whereas the sugar free segment is expected to register a higher CAGR during the forecast period. Based on form, the North America ice cream market is segmented into cups & tubs, bars & sticks, and others. The cups & tubs segment dominated the market in 2022. However, the bars & sticks segment is expected to register the highest CAGR during the forecast period. Based on distribution channel, the market is segmented into supermarkets and hypermarkets, specialty store, online retail, and others. The supermarkets and hypermarkets segment dominated the market in 2022, whereas the online retail segment is expected to register the highest CAGR during the forecast period. Based on country, the North America ice cream market is segmented into the US, Canada, and Mexico.
Blue Bell Creameries; Dairy Farmers of America, Inc.; General Mills Inc.; Inspire Brands, Inc.; Lotte Confectionery Co., Ltd.; Mars, Incorporated; Nestlé S.A.; Turkey Hill Dairy; Unilever; and Wells Enterprises are among the leading companies in the North America ice cream market.
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Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights
