Category: Ice Cream
Ice Cream market research reports by Euromonitor International
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Ice Cream in India
Ice Cream in India Sales of ice cream in India continue to be heavily dependent on seasonality. In 2023, India witnessed unseasonal rains and a shorter summer season, which hampered sales of ice cream across many parts of the country. However, 2024 started on a more favourable note for ice cream, as ... Read More
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Ice Cream in Brazil
Ice Cream in Brazil Climate change has imposed some weeks of record-level warm temperatures in Brazil, which potentially brought new challenges to human health. However, such hot weather tends to positively impact the consumption of ice cream as a refreshment. This context helps to explain why the c ... Read More
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Thailand Ice Cream
Ice Cream in Thailand Demand for ice cream in Thailand is expected to grow continue to grow in 2024, driven by consumer indulgence and ongoing brand innovation. However, the rate of retail volume growth is projected to slow compared to the previous year, as consumers become more selective about non- ... Read More
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Indonesia Ice Cream
Ice Cream in Indonesia Ice cream in Indonesia is achieving small value and volume gains in 2024. That said, retail ice cream has recently faced competition from foodservice, with the on-trade channel seeing significant volume growth in the previous year. In the recent review period, we have seen the ... Read More
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South Africa Ice Cream
Ice Cream in South Africa Like many other snacks categories, ice cream is set to see a retail volume decline along with notable retail current value growth in South Africa in 2024. Price rises due to inflation and rising costs are driving value growth, but leading more consumers to reassess their pr ... Read More
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Malaysia Ice Cream
Ice Cream in Malaysia Ice cream in Malaysia is expected to register a decline in retail volume terms in 2024, continuing the trend of the previous year. This is within the context of steep unit price surges for both bulk and multi-pack dairy ice cream, as manufacturers grapple with higher operating ... Read More
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Kazakhstan Ice Cream
Ice Cream in Kazakhstan Ice cream is seeing healthy sales in Kazakhstan in 2024, in both on-trade and off-trade volume terms, and with value better supported by high unit prices. Indeed, ice cream benefits from consumers’ return to out-of-home lifestyles following the era of the pandemic, with suppl ... Read More
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Guatemala Ice Cream
Ice Cream in Guatemala Retail volume and current value growth rates for ice cream in Guatemala in 2024 look set to be weaker than those recorded the previous year. The slowdown is mainly explained by the ending of the El Niño phenomenon, which brought higher than usual temperatures and reduced rainf ... Read More
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Uzbekistan Ice Cream
Ice Cream in Uzbekistan Ice cream is expected to be the standout snack performer in Uzbekistan in 2024, with double-digit percentage constant value growth, as well as healthy volume growth. Local consumers are actively moving from low-cost ice cream options to higher quality offerings. With consumer ... Read More
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Slovenia Ice Cream
Ice Cream in Slovenia Ice cream is the most dynamic category in snacks in Slovenia in volume and value terms in 2024. The main driver behind this is the shift in consumer purchasing behaviour with ice cream no longer perceived as a seasonal snack anymore but instead has become popular throughout the ... Read More
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Pakistan Ice Cream
Ice Cream in Pakistan In spite of continuing high inflation, ice cream in Pakistan is expected to register healthy constant value and volume growth. A stabilising economy is expected to boost consumer confidence. In addition, continuing population growth also supports increased volume sales. Ice cre ... Read More
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Australia Ice Cream
Ice Cream in Australia The price of most dairy-based products has seen significant rises due to the growing cost of milk, and ice cream in Australia has been no exception. This has been one of the factors behind the retail volume declines for ice cream since 2021, as local consumers are being forced ... Read More
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Lithuania Ice Cream
Ice Cream in Lithuania Retail volume sales of ice cream in Lithuania will see continued growth in 2024. Consumers generally consider ice cream to be a seasonal product, with demand peaking during the hot summer months. However, players are doing their best to invest in consumer education to reduce t ... Read More
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Uruguay Ice Cream
Ice Cream in Uruguay Ice cream sales volume in Uruguay encountered a contraction in 2023, and a similar trend is expected to persist in 2024. This decline can be attributed solely to adverse weather conditions. Compared to previous years, the weather since mid-2023 has been uncharacteristically cool ... Read More
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Algeria Ice Cream
Ice Cream in Algeria Ice cream is big business in Algeria and it continues to be the biggest snack by far in terms of value sales in 2024. That being said, growth in constant value and volume sales is expected to be modest, as rising prices continues to dampen value sales. Single portion ice cream c ... Read More
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Philippines Ice Cream
Ice Cream in the Philippines Ice cream in the Philippines is expected to continue to post healthy retail volume growth in 2024, supported by extremely hot temperatures in summer. However, the expansion of retail volume sales of ice cream in 2024 is also supported by increased product variety and pla ... Read More
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Estonia Ice Cream
Ice Cream in Estonia Volume and value growth of ice cream in Estonia in 2024 is attributable to rising health consciousness and increasing demand for ice cream that caters to various diets, including vegan, low-calorie, dairy-free, and zero-sugar options, which are all now widely available in stores ... Read More
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The US Ice Cream
Ice Cream in the US After retail volume sales of ice cream in the US saw significant growth during the first year of the pandemic in 2020, the category subsequently saw declining volumes, with this trend set to continue in 2024. This is due to a normalisation of sales as pre-pandemic life has resume ... Read More
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Dairy Packaging in Indonesia
Dairy Packaging in Indonesia Flexible plastic has been recording strong growth in the packaging of butter and spreads as this pack type provides excellent barrier properties against oxygen, moisture and light, which are crucial for preserving the freshness and quality of butter. The airtight seals a ... Read More
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Singapore Ice Cream
Ice Cream in Singapore Overall retail volume sales of ice cream in Singapore are expected to see only low growth in 2024. In this year, unit prices have continued to rise due to persistent cost pressure on raw materials such as milk, sugar, and cocoa beans, which are key ingredients for ice cream pr ... Read More
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Germany Ice Cream
Ice Cream in Germany Rising retail prices of ice cream in Germany stem from several factors, notably increased energy expenses linked to cooling systems. With ice cream demand traditionally peaking during the warmer summer months, retailers face heightened electricity costs in Germany, exacerbated b ... Read More
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Vietnam Ice Cream
Ice Cream in Vietnam Ice cream inches back into small positive volume gains in 2024, despite challenges facing the category. To start, inflationary pressures continue to create price sensitivity in consumers, thus, budget-conscious consumers focus their spending on essentials as opposed to indulgent ... Read More
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Costa Rica Ice Cream
Ice Cream in Costa Rica Current value and volume growth is expected to continue to be healthy for ice cream in Costa Rica in 2024. A positive economic picture, along with increasing tourist numbers is also expected to boost volume sales. Local dairy and food company, Dos Pinos, continues to dominate ... Read More
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Latvia Ice Cream
Ice Cream in Latvia The Latvian ice cream industry is cautiously optimistic about 2024, with an anticipated early summer potentially boosting sales. This could help recoup some of the losses experienced in 2022, which were not fully recovered in 2023. Warmer weather typically translates to increased ... Read More
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Kenya Ice Cream
Ice Cream in Kenya A confluence of factors, including rising inflation and increasing production costs, has made Kenyan consumers more sensitive to price in 2024. This newfound price consciousness is translating into a shift in purchasing behaviour, with consumers gravitating towards budget-friendly ... Read More
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