North America Ice Cream Market to Reach US$ 20.9 Billion by 2032, 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 Report by Flavor (Chocolate, Fruit, Vanilla, and Others), Category (Impulse Ice Cream, Take-Home Ice Cream, Artisanal Ice Cream), Product (Cup, Stick, Cone, Brick, Tub, and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Ice cream Parlours, Online Stores, and Others), and Country 2024-2032,” the North America ice cream market size reached US$ 14.8 Billion in 2023. 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$ 20.9 Billion by 2032, expanding at a CAGR of 3.8% during 2024-2032.

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 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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$ 3699
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Post-Sale Analyst Support 10-12 Weeks
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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North America Ice Cream Market to Reach US$ 20.9 Billion by 2032, Propelled by Rising Demand for Premium and Gourmet Ice Creams
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