Asia Pacific Ice Cream Market Report and Forecast 2025-2034

Asia Pacific Ice Cream Market Report and Forecast 2025-2034

Market Outlook

According to the report by Expert Market Research (EMR), the Asia Pacific ice cream market size reached a value of nearly USD 38.14 billion in 2024. Aided by rising disposable incomes and the increasing demand for innovative ice cream flavours, the market is projected to grow at a CAGR of 6.4% between 2025 and 2034 to reach a value of around USD 71 billion by 2034.

Ice cream, a popular frozen dessert made from dairy products, sweeteners, and flavourings, has been a staple treat across various cultures. Its versatility allows for a wide range of flavours and textures, catering to diverse consumer tastes. From traditional dairy-based ice creams to non-dairy alternatives, the market continues to expand, reflecting broader consumer trends and preferences.

The growing demand for premium and artisanal ice cream products is a key driver of the Asia Pacific ice cream market growth. Consumers are increasingly seeking unique flavours, high-quality ingredients, and innovative textures, which has led to a surge in gourmet and handcrafted ice cream options. This trend is particularly prevalent among younger demographics who prioritise authentic and diverse flavour experiences.

Rising disposable incomes and urbanisation across the region are also contributing to the Asia Pacific ice cream market development. As consumers have more spending power, there is a greater willingness to explore premium products and indulge in higher-priced ice cream offerings. The expansion of modern retail formats, such as supermarkets, hypermarkets, and convenience stores, has further facilitated access to a variety of ice cream products, driving the overall market.

The increasing focus on health and wellness has influenced the development of healthier ice cream alternatives. This is one of the key Asia Pacific ice cream market trends. Manufacturers are introducing low-fat, low-sugar, and dairy-free options to cater to health-conscious consumers. The rising popularity of plant-based diets has also spurred the growth of non-dairy ice creams made from almond, soy, coconut, and oat milk. These innovations not only address dietary restrictions but also appeal to a broader audience seeking healthier indulgence options.

Technological advancements and product innovation play a significant role in shaping the Asia Pacific ice cream market dynamics. Companies are investing in research and development to create novel flavours, improve texture, and enhance the nutritional profile of their products. The use of natural and organic ingredients, along with sustainable packaging solutions, reflects the industry's response to growing environmental concerns and consumer demand for eco-friendly products.

As per the Asia Pacific ice cream market analysis, the influence of Western culture and globalisation has introduced new ice cream trends and consumption patterns in the Asia Pacific region. International brands are expanding their presence, while local manufacturers are incorporating global flavours and techniques to appeal to a wider audience. This fusion of traditional and contemporary styles has enriched the market, offering consumers a diverse range of choices.

The rise of e-commerce and online food delivery platforms has also contributed to the growth of Asia Pacific ice cream market revenue. Consumers can now conveniently purchase their favourite ice cream products from the comfort of their homes, leading to increased sales and brand visibility. The adoption of digital marketing strategies and social media engagement further enhances brand recognition and customer loyalty.

Government regulations and policies related to food safety and quality standards also influence the market. Compliance with these regulations ensures product safety and enhances consumer trust. Moreover, government initiatives promoting the dairy industry and supporting small-scale ice cream producers contribute to the overall growth of the market.

Overall, the Asia Pacific ice cream market value is poised for steady growth, driven by evolving consumer preferences, innovative product offerings, expanding distribution channels, and a strong focus on sustainability. As manufacturers continue to adapt to changing market dynamics and consumer demands, the region's ice cream industry is set to experience significant development in the coming years, offering ample opportunities for both existing players and new entrants.

Market Segmentation

The market can be divided based on flavour, category, product type, end use, distribution channel, and country.

Market Breakup by Flavour

  • Chocolate
  • Fruit
  • Vanilla
  • Others
Market Breakup by Category
  • Impulse Ice-Cream
  • Take-Home Ice-Cream
  • Artisanal Ice-Cream
Market Breakup by Product Type
  • Cup
  • Stick
  • Cone
  • Brick
  • Tub
  • Others
Market Breakup by End Use
  • Food Service
  • Retailers
Market Breakup by Distribution Channel
  • Hypermarkets/Supermarkets
  • HoReCa
  • Convenience Stores
  • Online Channel
  • Others
Market Breakup by Country
  • China
  • Japan
  • India
  • ASEAN
  • Australia
  • Others
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Asia Pacific ice cream market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Gujarat Co-operative Milk Marketing Federation Ltd.
  • Unilever plc
  • General Mills Inc.
  • Australasian Food Group Pty Limited
  • Regal Cream Products Pty Ltd.
  • Supatreats Australia Pty. Ltd.
  • Invidia Foods
  • Mother Dairy Fruit & Vegetable Pvt Ltd.
  • Vadilal Group
  • Havmor Ice Cream Pvt Ltd.
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Executive Summary
1.1 Market Size 224-225
1.2 Market Growth 225(F)-234(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Countries
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Ice-Cream Market Overview
5.1 Key Industry Highlights
5.2 Global Ice-Cream Historical Market (218-224)
5.3 Global Ice-Cream Market Forecast (225-234)
5.4 Global Ice-Cream Market Share by Region
5.4.1 North America
5.4.2 Europe
5.4.3 Asia Pacific
5.4.4 Latin America
5.4.5 Middle East and Africa
6 Asia Pacific Ice-Cream Market Overview
6.1 Key Industry Highlights
6.2 Asia Pacific Ice-Cream Historical Market (218-224)
6.3 Asia Pacific Ice-Cream Market Forecast (225-234)
7 Asia Pacific Ice-Cream Market by Flavour
7.1 Chocolate
7.1.1 Historical Trend (218-224)
7.1.2 Forecast Trend (225-234)
7.2 Fruit
7.2.1 Historical Trend (218-224)
7.2.2 Forecast Trend (225-234)
7.3 Vanilla
7.3.1 Historical Trend (218-224)
7.3.2 Forecast Trend (225-234)
7.4 Others
8 Asia Pacific Ice-Cream Market by Category
8.1 Impulse Ice-Cream
8.1.1 Historical Trend (218-224)
8.1.2 Forecast Trend (225-234)
8.2 Take-Home Ice-Cream
8.2.1 Historical Trend (218-224)
8.2.2 Forecast Trend (225-234)
8.3 Artisanal Ice-Cream
8.3.1 Historical Trend (218-224)
8.3.2 Forecast Trend (225-234)
9 Asia Pacific Ice-Cream Market by Product Type
9.1 Cup
9.1.1 Historical Trend (218-224)
9.1.2 Forecast Trend (225-234)
9.2 Stick
9.2.1 Historical Trend (218-224)
9.2.2 Forecast Trend (225-234)
9.3 Cone
9.3.1 Historical Trend (218-224)
9.3.2 Forecast Trend (225-234)
9.4 Brick
9.4.1 Historical Trend (218-224)
9.4.2 Forecast Trend (225-234)
9.5 Tub
9.5.1 Historical Trend (218-224)
9.5.2 Forecast Trend (225-234)
9.6 Others
1 Asia Pacific Ice-Cream Market by End Use
1.1 Food Service
1.1.1 Historical Trend (218-2024)
1.1.2 Forecast Trend (225-2034)
1.2 Retailers
1.2.1 Historical Trend (218-2024)
1.2.2 Forecast Trend (225-2034)
11 Asia Pacific Ice-Cream Market by Distribution Channel
11.1 Hypermarkets/Supermarkets
11.1.1 Historical Trend (218-224)
11.1.2 Forecast Trend (225-234)
11.2 HoReCa
11.2.1 Historical Trend (218-224)
11.2.2 Forecast Trend (225-234)
11.3 Convenience Stores
11.3.1 Historical Trend (218-224)
11.3.2 Forecast Trend (225-234)
11.4 Online Channel
11.4.1 Historical Trend (218-224)
11.4.2 Forecast Trend (225-234)
11.5 Others
12 Asia Pacific Ice-Cream Market by Country
12.1 China
12.1.1 Historical Trend (218-224)
12.1.2 Forecast Trend (225-234)
12.2 Japan
12.2.1 Historical Trend (218-224)
12.2.2 Forecast Trend (225-234)
12.3 India
12.3.1 Historical Trend (218-224)
12.3.2 Forecast Trend (225-234)
12.4 ASEAN
12.4.1 Historical Trend (218-224)
12.4.2 Forecast Trend (225-234)
12.5 Australia
12.5.1 Historical Trend (218-224)
12.5.2 Forecast Trend (225-234)
12.6 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators of Demand
13.4 Key Indicators of Price
14 Competitive Landscape
14.1 Supplier Selection
14.2 Key Global Players
14.3 Key Regional Players
14.4 Key Player Strategies
14.5 Company Profiles
14.5.1 Gujarat Co-operative Milk Marketing Federation Ltd.
14.5.1.1 Company Overview
14.5.1.2 Product Portfolio
14.5.1.3 Demographic Reach and Achievements
14.5.1.4 Certifications
14.5.2 Unilever plc
14.5.2.1 Company Overview
14.5.2.2 Product Portfolio
14.5.2.3 Demographic Reach and Achievements
14.5.2.4 Certifications
14.5.3 General Mills Inc.
14.5.3.1 Company Overview
14.5.3.2 Product Portfolio
14.5.3.3 Demographic Reach and Achievements
14.5.3.4 Certifications
14.5.4 Australasian Food Group Pty Limited
14.5.4.1 Company Overview
14.5.4.2 Product Portfolio
14.5.4.3 Demographic Reach and Achievements
14.5.4.4 Certifications
14.5.5 Regal Cream Products Pty Ltd.
14.5.5.1 Company Overview
14.5.5.2 Product Portfolio
14.5.5.3 Demographic Reach and Achievements
14.5.5.4 Certifications
14.5.6 Supatreats Australia Pty. Ltd.
14.5.6.1 Company Overview
14.5.6.2 Product Portfolio
14.5.6.3 Demographic Reach and Achievements
14.5.6.4 Certifications
14.5.7 Invidia Foods
14.5.7.1 Company Overview
14.5.7.2 Product Portfolio
14.5.7.3 Demographic Reach and Achievements
14.5.7.4 Certifications
14.5.8 Mother Dairy Fruit & Vegetable Pvt Ltd.
14.5.8.1 Company Overview
14.5.8.2 Product Portfolio
14.5.8.3 Demographic Reach and Achievements
14.5.8.4 Certifications
14.5.9 Vadilal Group
14.5.9.1 Company Overview
14.5.9.2 Product Portfolio
14.5.9.3 Demographic Reach and Achievements
14.5.9.4 Certifications
14.5.1 Havmor Ice Cream Pvt Ltd.
14.5.1.1 Company Overview
14.5.1.2 Product Portfolio
14.5.1.3 Demographic Reach and Achievements
14.5.1.4 Certifications
14.5.11 Others

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