The latest report by IMARC Group, titled “North America Ice Cream Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the North America ice cream market reached a value of US$ 13.6 Billion in 2021. Ice cream is a sweetened frozen food consumed as a dessert or comfort food in households, bakeries, restaurants, hotels, and eateries. It is made by chilling and churning a mixture of fructose or glucose-based sweeteners, high-fat milk or cream. Ice cream is a rich source of energy and contains high levels of carbohydrates, calcium, phosphorus, and vitamins A, C, D, E, K, B-6, and B-12.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
North America Ice Cream Market Trends:
The market is primarily driven by the increasing development of ice cream variants with functional ingredients and organic herbal fillings, which are formulated according to the changing customer preferences. The commercial ice cream contains added stabilizers and emulsifiers to help lock in the moisture and prevent the formation of large crystals for longer shelf life. These additives also provide the ice cream with the desired creamy texture. Besides this, manufacturers are launching exotic flavors, such as tropical fruits, lemons, and coconut, to attract a wider consumer base across the North American region. In addition to this, with the rising health concerns, ice cream manufacturers are also launching GMO-, hormone-, additive-, and preservative-free variants. The introduction of low calories, organic, and fat-free variants are also propelling the market growth. It is further supported by the rising demand for premium ice creams with high-quality ingredients and a lower amount of aeration than regular ice cream. On account of these factors, the market is expected to grow at a CAGR of 4.5% during the forecast period (2022-2027).
- 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 classified into impulse, take-home, and artisanal ice creams.
- The market has been categorized based on the product into cup, stick, cone, brick, tub, and others.
- On the basis of the distribution channel, the market has been segregated into supermarkets and hypermarkets, convenience stores, ice cream parlours, online stores, and others.
- Region-wise, the market has been divided into the United States, Canada, and Mexico.
- The competitive landscape of the market has been examined in the report, with the detailed profiles of some of the key players operative in the industry.
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