North America Ice Cream Market to Reach US$ 18.1 Billion by 2028, Propelled by Rising Demand for Premium and Gourmet Ice Creams

August 21, 2023 | Food & Beverages

According to the latest report by IMARC Group, titled “North America Ice Cream Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the North America ice cream market size reached US$ 14.2 Billion in 2022. Ice cream is a frozen food item made from milk and cream combined with flavorings and sweeteners. It comprises a sweet taste due to the presence of sugar or other sweeteners. It is available in a wide array of flavors, including chocolate, strawberry, butterscotch, vanilla, bubble gum, salted caramel, blueberry, lemon, orange, mint chocolate, balsamic vinegar, and lavender. It has a smooth and creamy texture and is often integrated with nuts, chocolate chips, dry fruits, or pieces of fresh fruits to enhance the overall flavor. Ice cream serves as a key ingredient in sundaes, banana splits, and ice cream sandwiches. Furthermore, as it is added to shakes and iced coffees to improve the taste, the demand for ice cream is rising in North America.

North America Ice Cream Market Trends:

At present, the increasing demand for premium and gourmet ice creams to serve on various occasions, such as parties and festivals, represents one of the crucial factors impelling the market growth in North America. Besides this, the rising availability of ice creams in various innovative flavors containing unusual ingredients, such as truffles, matcha, and exotic fruits, is propelling the growth of the market. In addition, the growing popularity of gelatos is offering a favorable market outlook in North America. Apart from this, the increasing number of artisanal ice cream parlors offering a unique, immersive consumer experience is supporting the growth of the market in North America. Additionally, the rising demand for vegan ice creams among vegan consumers is strengthening the growth of the market. Moreover, the increasing production of keto, gluten-free, lactose-free, low-fat, and sugar-free ice creams for health-conscious consumers is contributing to the market growth in the region. Furthermore, rising advancements in cold chain logistics are bolstering the growth of the market in North America. Looking forward, the market value is projected to reach US$ 18.1 Billion by 2028, expanding at a CAGR of 4.3% during 2023-2028.

Market Summary:

Based on the flavor, the market has been segmented into chocolate, fruit, vanilla, and others.
On the basis of the category, the market has been divided into impulse ice cream, take-home ice cream, and artisanal ice cream.
Based on the product, the market has been segregated into cup, stick, cone, brick, tub, and others.
On the basis of distribution channel, the market has been classified into supermarkets and hypermarkets, convenience stores, ice cream parlors, online stores, and others.
Region-wise, the market has been segmented into United States, Canada, and Mexico.
The competitive landscape of the market has also been examined, with some of the key players.

Report Scope:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Flavor, Category, Product, Distribution Channel, Country
Countries Covered	United States, Canada, Mexico
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699
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North America Ice Cream Market to Reach US$ 18.1 Billion by 2028, Propelled by Rising Demand for Premium and Gourmet Ice Creams

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