Global Ice Cream Sticks Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Ice Cream Sticks Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Ice Cream Sticks market finds that the global Ice Cream Sticks market reached a value of USD 323.94 million in 2022. It’s expected that the market will achieve USD 459.79 million by 2028, exhibiting a CAGR of 6.01% during the forecast period.

Influence of COVID-19 Outbreak on Ice Cream Sticks Industry Development

Europe, North America and Asia are the main consumption regions of ice cream sticks. Since Europe, North America and Asia are also hardest hit by COVID-19, they have severely affected the sales of ice cream. Because the demand for retail stores, restaurants and dining establishments has declined under the mandatory social distancing order. The decline in demand for ice cream has led to a decline in demand for ice cream sticks in the short term.

The COVID-19 outbreak has led to the stagnation of industrial production, reduction of working hours, turbulence in the international market, and unsmooth logistics and transportation. The normal operation of ice cream sticks has been severely affected.

Affected by the epidemic, China's timber market has been stagnant in early 2020. Affected by the epidemic in China, China’s exports to Europe have plummeted, European-Asia routes have been forced to adjust shipping prices soaring, and there is a shortage of containers. This has a huge impact on Europe's main timber exports. At the same time, the outbreak of the epidemic in European countries has also brought uncertainty to the timber supply chain, and the efficiency of customs clearance will also be affected. The scarcity of market supply has led to an increase in market timber prices.

Limitations

Trade disputes between countries, industrial policies restricting commercial logging of trees, log cost issues, and climate events such as fires and insect outbreaks have led to insufficient supply of raw materials. Insufficient supply of raw materials will limit the development of the industry.

Faced with the health problems that many people are concerned about, the cold drink market pays particular attention to the health problems of ice cream. Ice cream is an indispensable snack to cool off the heat and thirst in summer. It is a very delicious dessert for people who like to eat sweets. However, scientists have pointed out that ice cream can affect heart health. Especially the additives in it are extremely harmful to human health.

As people's health awareness increases, low-fat, low-calorie, and low-cholesterol products have gradually become the first choice for people to consume. People began to choose frozen yogurt with higher protein content to replace ice cream, reducing the expenditure on ice cream. Increasing attention to health-related issues worldwide will reduce the consumption of ice cream, and the consumption of ice cream sticks will also be affected.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

Smart Wood is one of the major players operating in the Ice Cream Sticks market, holding a share of 23.20% in 2020.

Smart Wood is a family owned company that has become the world’s leading manufacturer of food grade wooden sticks (ice-cream, coffee stirrers, wooden skewers). The Group currently employs 900 collaborators across 9 plants and 2 distribution hubs.

Hardwood Products Co. is a wholesale supplier of quality woodenware for the food industries. They offer ice cream sticks, corn dog sticks, wooden skewers, wooden toothpicks, wooden spoons, wooden utensils, wooden craft sticks and more. Their manufacturing plant is located in Guilford, Maine.

Segmentation Overview:

Among different product types, Classic Sticks segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Birch segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Ice Cream Sticks market covered in Chapter 3:

Neimenggu Baibang Technology Global Sticks, Inc.
Jack Wood Sticks
Daxinganling Bishui Ice Cream Sticks
Smart Wood
Kingsun Development Co., Ltd.
Xu Fu Wood
Hardwood Products Co. LLC
Perfect Stix
Tianjin Senyangwood Co., Limited
John Lewis Industries Limited
Karpat Woods
Henan Sanyang Wood Industry
Yichun Xinyu Wood Industry
Silver Birch
Jilin Sino-Canadian Wooden
Baltic Sticks

In Chapter 4 and Chapter 14.2, on the basis of types, the Ice Cream Sticks market from 2018 to 2029 is primarily split into:

Birch
Poplar
Beech
Pine
Araucaria

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Ice Cream Sticks market from 2018 to 2029 covers:

Classic Sticks
Magnum Sticks
Round Sticks
Spoon Sticks

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)