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The comprehensive report looks into the macro and micro aspects of the industry. The report presents a detailed analysis of the following key players in the global ice cream market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions: According to the issued norms, it is mandatory to mention the percentage amount of vegetable proteins or vegetable fat/oil on the label, thus, propelling the demand for ice creams over the assessment period. Besides, several governing bodies across the globe are issuing new regulations pertaining to the labelling, ingredients, and manufacturing of ice cream. Increasing health consciousness is also leading to a transition towards upmarket treats, which are formulated with organic ingredients. Apart from this, the availability of various flavoured ice creams in modern retail formats such as departmental stores, hypermarkets, supermarkets, and convenience stores is also driving the market growth. Significant growth in the dairy industry, rising demand for convenience foods, and the increasing product premiumisation are also contributing to the increased demand for ice creams in the coming years. The proliferation of online food delivery services is also anticipated to exhibit a positive impact on the growth of the market. Rising disposable incomes and the improved purchasing power of consumers are escalating its per capita consumption in emerging regions like India and China. Ice cream is utilised in the preparation of numerous desserts and beverages, such as cakes, milkshakes, waffles, sundaes, cold coffee, and floats, which is expected to increase the sales of ice creams across the globe.

The EMR report looks into the regional markets in the global ice cream market like North America, the Asia Pacific, Europe, Latin America, and the Middle East and Africa.

On the basis of the distribution channel, the industry can be segmented into: The major product types in the global ice cream market are: On the basis of flavour, the industry can be dividedР’В into:Р”В«ased on the category, the market can be broadly categorised into:

Rapid advancements in logistics and production processes have also enabled manufacturers to offer ice cream in most of the restaurant, supermarket and corner stores, thus, are expected to create a greater demand in the market during the forecast period. Also, there are many flavours available in the market, like strawberry, chocolate, vanilla, and others. Consequently, it offers numerous health benefits, such as strengthening bones, providing energy, lowering blood pressure, stimulating brain functions, and repairing muscle tissue. It is a rich source of carbohydrates, phosphorus, calcium, thiamine, niacin, riboflavin, folate, and vitamins such as A, C, D, E, K, B-6, and B-12. In some variants, such as frozen custard and French ice creams, it also utilizes egg as one of the main ingredients. Ice cream is a frozen dessert prepared with a combination of milk, cream, fruits, and artificial or natural flavourings. Regionally, the Asia Pacific holds the leading position in the market. Based on the distribution channel, the supermarkets and hypermarkets represent the dominant market segment and is anticipated to retain its dominance over the forecast period. On the basis of category, the impulse segment dominated the market.

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Read more about this report - REQUEST FREE SAMPLE COPY IN PDFР”В«ased on the flavour, the vanilla flavour is expected to account for the major market share in 2020. The market is further anticipated to grow in the forecast period of 2022-2027 at a CAGR of 7.5% to reach USD 96.1 billion by 2026. The global ice cream market stood at a value of USD 62.3 billion in 2020.