Category: Ice Cream
Ice Cream market research reports by Euromonitor International
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China Ice Cream
Ice Cream in China After experiencing rapid growth in 2021 and 2022, retail current value sales of ice cream in China saw a significant decline in 2023. Several factors contributed to this downturn. Compared with 2022, there were fewer days with high temperatures, resulting in fewer occasions for ic ... Read More
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Where Consumers Shop for Snacks
Where Consumers Shop for Snacks The global snacks markets grew in 2023, despite negative external factors, such as high inflation, the impact of the war in Ukraine on supply chains, climate change and currency devaluations. Supermarkets and small local grocers lead store-based retail in snacks. E-co ... Read More
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Ice Cream in Austria
Ice Cream in Austria The trend towards plant-based products, including ice cream, continued in 2023. Plant-based ice cream recorded the most significant growth within ice cream during the year. Not only is the consumer interest in plant-based ice cream growing, but the number of brands and products ... Read More
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Dairy Products and Alternatives in Mexico
Dairy Products and Alternatives in Mexico In 2023 consumers have remained cautious with their spending due to prevailing economic uncertainty. This has resulted in households prioritising essential products and limiting their consumption of non-essentials. Many dairy products are perceived as essent ... Read More
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Ice Cream in India
Ice Cream in India 2022 was exceptional for ice cream, with year-on-year value growth of 38% compared to 2021. This was because of extreme hot weather combined with pent-up demand. According to IMD (Indian Metrological Department), India had one of the hottest summers in 2022 - recording 203 heatwav ... Read More
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Dairy Products and Alternatives in Ukraine
Dairy Products and Alternatives in Ukraine Sale of dairy products and alternatives in Ukraine are being significantly impacted by the war and inflation in 2023. Besides the loss of consumers and territories, the market also faces other obstacles including consumers downtrading to cheaper products an ... Read More
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Dairy Products and Alternatives in the Netherlands
Dairy Products and Alternatives in the Netherlands Against a backdrop of soaring global prices, the Netherlands' dairy industry is dealing with surging costs. Energy prices, along with those of wheat and other essential grains, are showing no signs of abating in 2023. Moreover, the skyrocketing pric ... Read More
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Dairy Products and Alternatives in Panama
Dairy Products and Alternatives in Panama High inflation led to significant unit price rises in dairy products and alternatives during 2023 putting pressure on household incomes. This in turn forced consumers to adopt a more conservative approach to their spending. Manufacturers were also challenged ... Read More
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Dairy Products and Alternatives in Nigeria
Dairy Products and Alternatives in Nigeria Dairy products and alternatives experience an overall decline in volume terms in 2023 as challenging economic conditions limit consumer spending power. In particular, high inflation driven by depreciation of the local currency, increasing fuel costs, and a ... Read More
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Ice Cream in Mexico
Ice Cream in Mexico Ice cream observed many new product launches during the review period. Consolidated brands such as Magnum (Unilever) and its close competitor Mega (Herdez/Nestlé) also launched new flavours in 2023. Magnum launched Moonlight Magnum, a single-portion ice cream with a popcorn and c ... Read More
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Dairy Products and Alternatives in the Czech Republic
Dairy Products and Alternatives in the Czech Republic The price of raw milk in the Czech Republic increased in 2022, with the war in Ukraine impacting prices in the supply chain. However, the price of raw milk began to decline at the beginning of 2023, with a higher level of cattle in the country st ... Read More
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Dairy Products and Alternatives in Georgia
Dairy Products and Alternatives in Georgia Dairy products and alternatives is expected to register healthy current value growth and more moderate volume growth. Continuing economic uncertainty as a result of Russia’s invasion of Ukraine and high inflation is continuing to have an effect and consumer ... Read More
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Navigating Inflation: How to Win in Private Label – Lessons from France, Germany and the UK
Navigating Inflation: How to Win in Private Label – Lessons from France, Germany and the UK Private label – retailers’ alternatives to brands – tend to benefit from inflation. However, despite record inflation in France, Germany and the UK, the market share of private label in the three countries re ... Read More
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Ice Cream in Hong Kong, China
Ice Cream in Hong Kong, China In Hong Kong, the impact of COVID-19 began to diminish in the second half of 2022, and so did the craving for ice cream as eating habits changed. In particular, take-home ice cream witnessed a stronger decline compared with impulse ice cream in this year. As individuals ... Read More
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Ice Cream in Ukraine
Ice Cream in Ukraine Like other packaged food categories, ice cream suffered in late 2022 and 2023 from electricity outages. These energy problems had strong negative impact on the manufacture and storage of frozen goods. While ice cream is set to register strong retail volume growth over 2023, this ... Read More
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Ice Cream in Bosnia and Herzegovina
Ice Cream in Bosnia and Herzegovina Ice cream is enjoying robust growth in 2023, with retail volume and current value sales surpassing pre-pandemic sales thanks to a strong rebound in consumer demand. More frequent new product launches and the premiumisation trend is stimulating ice cream sales in B ... Read More
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Ice Cream in North Macedonia
Ice Cream in North Macedonia Consumer demand for ice cream remains strong in 2023, even after the category’s full recovery from the COVID-19 pandemic. The scorching heat in 2023 has led to high demand for ice cream driving up impulse purchases. Inflation and rising unit prices have given an addition ... Read More
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Ice Cream in the US
Ice Cream in the US 2022 marked the first full year of post-pandemic economic reopening, without foodservice limitations, with vaccinations fully available, and a return to hybrid or office working. A key question was whether with the reopening, ice cream would be able to retain pandemic consumption ... Read More
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Ice Cream in Ireland
Ice Cream in Ireland Increasing numbers of ice cream producers are focusing on nostalgia to attract consumers who want something more than a novel flavour. The Fruit-tella ice cream is the first of its kind in the UK and combines three popular flavours into one product. The ice cream is made with re ... Read More
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Ice Cream in Kenya
Ice Cream in Kenya Ice cream is set to see a second year of retail volume growth in 2023, although sales are still not expected to return to the pre-pandemic level, as ice cream is increasingly regarded as an occasional indulgence by local middle-class consumers. Meanwhile, current value sales are p ... Read More
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Ice Cream in Switzerland
Ice Cream in Switzerland Ice cream is set to perform positively in 2023, benefiting from hot and long summers, social events and BBQs. Euromonitor International's Ice Cream in Switzerland report offers in-depth knowledge of the market at a national level, providing local insight and understanding un ... Read More
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Ice Cream in Nigeria
Ice Cream in Nigeria Ice cream consumption in Nigeria has taken a downturn in volume terms in 2023, following a significant drop in 2022. This decline can be largely attributed to the prevailing inflationary conditions spurred by a depreciated local currency and various local elements such as the su ... Read More
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Ice Cream in Portugal
Ice Cream in Portugal Ice cream sales are continuing to normalise after the impacts of the pandemic, the era during which foodservice outlets were closed and consumers indulged in snacking at home. In ice cream this translated to a preference for larger-size formats of ice cream via retail, instead ... Read More
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Ice Cream in Uzbekistan
Ice Cream in Uzbekistan With the lifting of COVID-19 restrictions and the return to everyday routines, ice cream returned to growth, and 2023 is set to see an even stronger retail volume increase than 2022, and maintain double-digit current value growth. With hot summers, ice cream is a very popular ... Read More
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Ice Cream in Germany
Ice Cream in Germany After enduring prolonged home seclusion during the pandemic and various restrictions imposed on foodservice and leisure activities, German consumers continue to eagerly seek activities outside of their homes in 2023 due to greater freedom. This shift in behaviour is proving bene ... Read More
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