Europe Ice Cream Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis

Europe Ice Cream Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis

Europe Ice Cream Market is forecasted to be valued at around US$ 28.57 Billion by 2030, according to Renub Research. Ice cream enjoys enduring international popularity, including in Europe, where it's far loved in the culinary lifestyle. Loved for its creamy texture and diverse flavors, ice cream is loved across European nations and enjoyed by human beings of every age. Each vicinity boasts specific versions, from conventional gelato in Italy to indulgent French sorbets. Ice cream remains a staple in European cuisine, whether loved as a clean summertime treat or a comforting dessert year-round, delighting taste buds everywhere.

Europe Ice Cream Market is anticipated to undergo a CAGR of 4.47% from 2024 to 2030

The premiumization trend in the ice cream market is fueling growth in Europe. Consumers increasingly seek fantastic, artisanal ice cream with unique flavors and top-class components. This shift towards upscale merchandise has led to the emergence of gourmet ice cream manufacturers and specialty parlors across the continent. European customers are willing to pay more for indulgent, luxurious ice cream stories, driving a sales boom. The demand for upscale services reflects a choice for an extended taste experience and contributes to the expansion of the Europe ice cream market.

Over the past few years, people's lifestyles have developed substantially. The growing demand for frozen desserts can be attributed to modifications in client food preferences, comfort, and higher disposable earnings. The advent of new dessert products has additionally contributed to this fashion. High-quality frozen desserts are becoming popular among millennials and smaller households, who find them a practical digestive resource. These factors are propelling the increase of the ice cream market in Europe, substantially. So, the Europe ice cream market was US$ 21.04 Billion in 2023.

Ice cream parlors have observed a developing trend among clients who decide on locally sourced and organic ingredients. Many stores have begun using regionally produced dairy and results to cater to this preference to ensure sustainability and freshness. In addition to the elements' quality, the ice cream's look is likewise essential for marketing. Many ice cream stores create visually appealing cakes and promote them on social media to attract more customers. Ice cream stores have expanded their menus to offer gluten-free, sugar-free, or keto-friendly ice creams to cater to customers with nutritional restrictions and possibilities. These stores also test with new and extraordinary ingredients to stand out from their competitors.

Tubs and bricks represent popular products in the Europe ice cream market

By product, the Europe ice cream market is fragmented into Sticks/Bars, Cones & Cups, Tubs & Bricks, and Others.Tubs and bricks are among the popular Europe ice cream market products. This is due to their convenience and versatility. These formats allow clients to experience ice cream for their enjoyment, whether scooped into bowls for family gatherings or savored directly from the container as a personal indulgence. Also, tubs and bricks often feature numerous flavors and formulations, catering to multiple preferences and nutritional needs. Their widespread availability and affordability make them staples in European households, contributing to their reputation within the ice cream market.

Impulse segment dominates the Europe ice cream market

By type, the Europe ice cream market is segmented into Impulse, Take home, and Artisanal. The impulse type is one of the main categories in the Europe ice cream market. This is because of its comfort and enchantment to spontaneous purchases. Impulse ice cream merchandise near the checkout counter and high-site visitor regions are designed to take the progress of impulsive buying behavior. Their single-serve packaging and portable nature make them ideal for on-the-go intake, catering to busy existence. Besides, diverse flavors and novelty options appeal to purchasers of all ages, ensuring steady demand and bolstering the impulse type's role as a market leader in Europe.

Chocolate is one of the most liked tastes in the Europe ice cream market

By flavor, the Europe ice cream market is categorized into Chocolate, Vanilla, Fruit, and Others. Chocolate is one of the desired flavors in the Europe ice cream market. This is due to its prevalent attraction and creativity. Renowned for its rich and extravagant taste, chocolate ice cream satisfies customers' cravings for decadence and comfort. It holds an undying allure that transcends age and cultural boundaries, making it a liked desire throughout European countries. Whether loved on its own or as a part of a tasty sundae or dessert, chocolate ice cream stays a perennial favorite, driving steady demand and solidifying its status as a top taste in the ice cream market.

Supermarkets and hypermarkets are among the popular segments in the Europe ice cream market

By distribution channel, the Europe ice cream market is classified into Supermarkets and hypermarkets, Convenience Stores, Specialty Stores, and Online Sales Channel. Supermarkets and hypermarkets are one of the significant distribution channels in the Europe ice cream market. This is due to their widespread presence and comfort. These retail giants provide a considerable choice of ice cream brands and flavors, attracting a diverse patron base. With nicely prepared freezer sections and competitive pricing, supermarkets, and hypermarkets offer a one-stop buying delight for customers looking for ice cream. Their accessibility and capacity to cater to various tastes and choices make them the preferred European ice cream distribution channels.

France stands out as a recognized player in the Europe ice cream market

By countries, the Europe ice cream market is divided into France, Germany, Italy, Spain, United Kingdom, Belgium, Netherland, Turkey, and Rest of Europe. France is one of the most persistent countries in the Europe ice cream market. This is due to its wealthy culinary heritage and dedication to artisanal craftsmanship. Renowned for its expensive desserts and complicated palate, France excels in producing premium ice cream using top-class elements like sparkling dairy, result, and natural flavors. French ice cream parlors called ""galleries"" offer a satisfying array of traditional and modern flavors, enticing locals and tourists alike. France's dedication to culinary innovation and gastronomic excellence also ensures continuous boom and innovation within its vibrant ice cream enterprise, solidifying its reputation as a leader in the European market.

Key Players

Froneri International Limited, General Mills, Meiji Co. Ltd., Unilever Group, Mondelez International, Inc., Nestlé SA, DMK Group, and Danone S.A. are the major Europe ice cream market enterprises.

In January 2022 - Magnum, the brand owned by Unilever, launched a new range of vegan bite-sized ice creams. These ice creams are made with pea protein to cater to the increasing consumers embracing veganism.

Products – Europe Ice Cream Market breakup in 4 viewpoints:

1. Sticks/Bars
2. Cones & Cups
3. Tubs & Bricks
4. Others

Type – Europe Ice Cream Market breakup in 3 viewpoints:

1. Impulse
2. Take home
3. Artisanal

Flavor – Europe Ice Cream Market breakup in 4 viewpoints:

1. Chocolate
2. Vanilla
3. Fruit
4. Others

Distribution Channel – Europe Ice Cream Market breakup in 4 viewpoints:

1. Supermarkets and hypermarkets
2. Convenience Stores
3. Specialty Stores
4. Online Sales Channel

Countries – Europe Ice Cream Market of 9 Countries Covered in the Report:

1. France
2. Germany
3. Italy
4. Spain
5. United Kingdom
6. Belgium
7. Netherland
8. Turkey
9. Rest of Europe

All the Key players have been covered from 3 Viewpoints:

• Overview
• Recent Development
• Revenue Analysis

Company Analysis:

1. Froneri International Limited
2. General Mills
3. Meiji Co. Ltd.
4. Unilever Group
5. Mondelez International, Inc.
6. Nestlé SA
7. DMK Group
8. Danone S.A.