Home Food & Beverages Ice Cream Market Size, Growth & Demand Report by 2033

Ice Cream Market Size, Share & Trends Analysis Report By Flavour (Chocolate, Vanilla, Fruit, Others), By Packaging (Cartons, Tubs, Cups, Cones, Bars, Sticks, Others), By Category (Dairy, Vegan), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2025-2033

Report Code: SRFB56913DR
Last Updated : February 14, 2025
Author : Vrushali Bothare
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Ice Cream Market Size

The global ice cream market size was valued at USD 77.8 billion in 2024 and is projected to grow from USD 79.4 billion in 2025 to USD 139.7 billion by 2033, exhibiting a CAGR of 6.7% during the forecast period (2025-2033).

Ice cream is a frozen dessert made from dairy ingredients such as milk, cream, and sugar, often combined with flavorings and mix-ins like fruit, nuts, or chocolate. The mixture is churned while freezing to incorporate air and prevent ice crystal formation, resulting in a smooth and creamy texture. Available in countless flavors and styles, ice cream is a popular treat enjoyed worldwide and can also be made using plant-based alternatives for vegan or lactose-free versions.

The global ice cream market is a dynamic sector driven by evolving consumer preferences and innovations in product development. It includes traditional dairy-based creams, lactose-free alternatives, plant-based options, and functional varieties enriched with healthy ingredients like fruits, nuts, and probiotics. The market caters to diverse consumer needs, offering indulgent treats and health-conscious alternatives. The industry is witnessing significant growth globally with a growing emphasis on clean-label ingredients and sustainability.

Furthermore, the rising trend toward health and wellness is reshaping the market. Consumers increasingly prefer products that offer indulgence without compromising their dietary goals. This has led to the growth of categories such as low-sugar, high-protein, and lactose-free creams. For example, in 2024, Unilever launched a range of low-calorie Magnum Protein ice creams catering to the fitness-conscious segment. There is a growing demand for plant-based ice creams, driven by the increasing popularity of vegan diets. Companies are also focusing on sustainable practices and clean-label products. 

India Cow Milk Production, Kilotons (2021-2023)

Latest Market Trends

Increasing consumer demand for lactose-free ice cream

Lactose-free ice cream is a rapidly growing segment of the market. Lactose-free and lactose-reduced ice cream is typically made using the same production lines as conventional dairy ice cream. Consumers are seeking dairy alternatives due to lactose intolerance or preferences for plant-based diets. About 25% of European consumers prefer lactose-free ice cream over traditional varieties. Producers are focusing on adjusting their recipes to maintain the creamy texture of regular ice cream while eliminating lactose.

  • For instance, Arla Foods launched a range of lactose-free ice creams in early 2024 using innovative milk protein filtration techniques. Additionally, a growing demand for products labeled "no additives/preservatives" and "natural ingredients" reflects consumers' desire for cleaner, more straightforward products.

Furthermore, demand for high-protein creams has also surged in North America and Europe as consumers prioritize functional foods that offer additional health benefits. Brands are tapping into this trend by introducing ice creams fortified with protein, fiber, and probiotics, aligning with the broader health-conscious movement.


Ice Cream Market Growth Factors

Continuously changing consumer preferences and seasonal demand

The perception of ice cream as a healthier, locally sourced indulgence is a significant driver for the market. Countries like the U.S., Germany, and France are seeing a shift toward premium, artisanal ice creams made with organic ingredients and innovative flavors.

  • For example, Halo Top continues to lead the market in low-calorie ice cream, providing consumers with guilt-free indulgence options. In the summer, ice cream demand skyrockets, providing brands with unique growth opportunities. However, this requires efficient supply chain management to avoid shortages and ensure freshness.

Additionally, consumers seek unique flavor experiences that reflect their cultural preferences. The launch of limited-edition flavors by companies like Häagen-Dazs in 2024, featuring exotic ingredients such as yuzu and black sesame, highlights this trend.

Restraining Factors

Health concerns related to sugar and fat content

Ice cream’s high sugar and fat content can pose health risks, especially for individuals managing chronic conditions such as diabetes and obesity. For individuals who are lactose intolerant, consuming ice cream can cause digestive discomfort, including bloating, gas, and diarrhea. Ice cream contains lactose, a sugar found in dairy products, which can be challenging to digest for those lacking the enzyme lactase.

Additionally, regular consumption of high-fat, high-sugar foods like ice cream can contribute to the development of chronic diseases such as metabolic syndrome, obesity, and non-alcoholic fatty liver disease. These conditions can have long-term impacts on overall health and quality of life. The rising awareness of these issues has prompted many consumers to seek healthier alternatives. Brands are responding by developing ice creams with reduced sugar and fat content. For example, Breyers Delights introduced a range of keto-friendly and sugar-free ice creams in 2024, catering to consumers following low-carb diets.

Market Opportunities

Development of plant-based and functional ice creams

The growing vegan population and increasing demand for plant-based alternatives present significant opportunities for the market. Functional gelato enriched with vitamins, probiotics, and antioxidants are becoming popular, offering consumers additional health benefits.

  • Ben & Jerry’slaunched a CBD-infused ice cream in 2025, capitalizing on wellness-focused product trends.
  • Oatly, a leader in plant-based dairy, expanded its product line in 2024 with oat-based ice cream pints, catering to the rising demand for vegan-friendly options.

Additionally, consumers are increasingly supporting brands that prioritize sustainability. Companies that adopt environmentally friendly practices, such as using biodegradable packaging and sourcing organic ingredients, are gaining a competitive edge. Unilever’s commitment to achieve 100% recyclable packaging by 2025 is a benchmark for the industry.

Study Period 2021-2033 CAGR 6.7%
Historical Period 2021-2023 Forecast Period 2025-2033
Base Year 2024 Base Year Market Size USD 77.8 billion
Forecast Year 2033 Forecast Year Market Size USD 139.7 billion
Largest Market Europe Fastest Growing Market North America
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Regional Insights

Europe: Dominant region with a revenue share of 41.7% 

Europe has firmly established itself as a dominant global ice cream market player. The market in this region is projected to continue its growth trajectory, with an annual increase of approximately 5%. One of the key trends driving growth in the European market is the increasing demand for more natural and health-conscious options. A notable 9.6% of consumers in a recent survey preferred without additives or preservatives, reflecting a shift towards more wholesome and clean-label products. The rising consumer demand for low-sugar, low-fat, and high-protein ice creams has led many key manufacturers to innovate and adapt to these new preferences.

Governments across Europe are also supporting the market through initiatives that promote sustainability and health. For example, the European Union’s "Farm to Fork" strategy aims to make food systems fair, healthy, and environmentally friendly. This has encouraged manufacturers to develop plant-based and organic options, catering to the growing segment of health-conscious consumers. Key market players in Europe, including Nestlé, Unilever, and Häagen-Dazs, are responding to these trends by diversifying their product offerings to include dairy-free and reduced-sugar options, expanding their portfolios to meet the increasing demand for healthier choices.

North America: Fastest growing region

North America is anticipated to be the fastest-growing region in the global market, driven by a long-standing cultural affinity for frozen desserts and continuous innovation in flavor and product variety. The U.S. leads the market, with ice cream consumption deeply ingrained in American culture. Americans consume about 20 pounds (roughly 4 gallons) of ice cream each year, and it is celebrated during National Ice Cream Month every July. This cultural attachment to ice cream and a constant demand for new flavors and experiences continue to drive market growth in North America.

The U.S. market is heavily influenced by a preference for traditional flavors like vanilla, chocolate, and strawberry, with vanilla being the most popular. However, regional preferences for flavors such as mint chocolate chip, butter pecan, and cookies & cream have also garnered significant followings. In addition to traditional ice creams, the North American market is also witnessing strong growth in premium and artisanal ice creams, with consumers increasingly willing to pay more for high-quality, innovative products.

Countries Insights

  • United States: The U.S. is a significant player in the market, driven by a strong demand for premium products and a growing preference for healthier alternatives. Recent developments include the introduction of low-calorie, dairy-free, and plant-based ice creams targeting health-conscious consumers. The rise of functional ice creams enriched with probiotics and high-protein variants further shapes market trends. Key players such as Ben & Jerry’s and Häagen-Dazs continue to invest in sustainable production practices and innovative flavors to capture consumer interest.
  • Germany: Germany’s market is driven by its focus on sustainability and technological advancements in food processing. Consumers in Germany have shown an increasing preference for organic and vegan ice creams, aligning with the country’s green consumption trends. Government initiatives promoting the use of renewable energy in food production have supported the development of eco-friendly ice cream manufacturing practices.
  • China: China’s market is experiencing rapid expansion, driven by urbanization, rising disposable incomes, and evolving consumer preferences. The country’s younger population is a key demographic, fueling demand for innovative flavors and premium products. Recent government initiatives to boost the dairy sector have facilitated market growth. E-commerce platforms like JD.com and Tmall are becoming essential channels for ice cream distribution, offering new growth opportunities for brands.
  • India: India’s market is growing rapidly, driven by rising disposable incomes and increasing demand for frozen desserts in urban areas. Government initiatives such as the National Dairy Plan have strengthened the dairy sector, while a growing cold chain infrastructure is improving market access in rural regions. Key players such as Amul and Mother Dairy are expanding their product portfolios to include healthier options like probiotics and low-fat ice creams.
  • United Kingdom: The U.K. market is characterized by a strong focus on artisanal and premium products. Health-conscious consumers are driving demand for sugar-free, vegan, and organic options. Government initiatives to reduce sugar consumption have encouraged manufacturers to reformulate products, introducing low-calorie and high-protein alternatives. Brands like Cornetto and Halo Top lead innovation, offering various flavors with reduced sugar content.
  • Brazil: Brazil’s market is expanding, driven by increasing urbanization and a rising middle class. The tropical climate significantly boosts demand, with fruit-flavored and refreshing ice creams remaining highly popular. Recent government incentives to strengthen the dairy sector and expand cold chain infrastructure have supported market growth. Domestic brands like Kibon dominate the market, but international players also enter the scene with premium offerings.
  • South Africa: South Africa’s market is growing steadily, supported by rising disposable incomes and urbanization. The country’s warm climate drives consistent demand for frozen treats, with fruit-based and dairy-rich options being the most popular. Government initiatives to improve cold chain logistics have facilitated better market access in rural areas, further contributing to growth.
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Ice Cream Market Segmentation Analysis

By Flavour

The chocolate segment dominates the market, accounting for the largest revenue share. Chocolate-flavored gelato is a universally loved indulgence, offering a rich and satisfying experience for consumers seeking comfort, nostalgia, or a treat for special occasions. This flavor appeals to a broad audience across all age groups and is particularly popular for celebrations and family gatherings. Manufacturers are increasingly experimenting with flavors like salted chocolate caramel, and chocolate-coconut blends to attract new consumers. Globally, chocolate flavors resonate with a wide range of consumers, making them a key focus for domestic and international brands.

  • In 2024, Häagen-Dazsintroduced a limited-edition double-dark chocolate ice cream made with premium cocoa from South America, garring significant consumer interest in Europe and North America.

By Distribution Channel

Supermarkets and hypermarkets dominated the distribution channel, generating the most significant revenue. These outlets are the most popular for purchases due to their wide product range, affordability, and convenience. They offer mainstream and niche brands under one roof, attracting diverse consumer groups. The accessibility and availability of discounts and promotions in supermarkets make them the preferred choice for many shoppers.

Ice cream is often an impulse purchase, with well-placed in-store promotions and displays significantly boosting sales. Private-label brands are also gaining popularity as retailers introduce their ice cream lines at competitive prices. In 2025, Walmart launched a private-label ice cream line featuring organic and plant-based options, successfully capturing the attention of health-conscious consumers.

Source: International Dairy Foods Association (IDFA)

By Packaging

The tubs segment accounted for the most significant market revenue, serving as the primary packaging option for bulk purchases. Tubs are ideal for families and group consumption due to their convenience, ease of storage, and longer shelf life. These factors make tubs a suitable choice for at-home indulgence and sharing. Larger-sized tubs offer cost-effectiveness compared to single-serve options, providing more excellent value for money.

Sustainability trends have also driven innovation in this segment, with an increasing focus on eco-friendly packaging solutions such as biodegradable and recyclable tubs. Tubs are frequently used for premium gelato with layered flavors, allowing consumers to explore various tastes in a single purchase. Ben & Jerry’s is a leading innovator, offering unique tub designs and flavors while incorporating sustainable materials and eye-catching graphics highlighting product quality and eco-friendliness.

By Category

Dairy-based ice creams accounted for the highest revenue share in the market. Known for their creamy texture, rich taste, and nutritional value, dairy-based ice creams are widely consumed as indulgent treats and functional desserts enriched with probiotics and nutrients. The increasing demand for probiotic-rich gelatos and frozen yogurts aligns with the growing health and functional foods trend as consumers seek gut-health benefits. Premiumization is another key driver, with consumers willing to pay more for high-quality, dairy-based gelatos with high milk fat content and organic ingredients.

Additionally, the rising middle class in Asia-Pacific and Latin America is boosting the demand for dairy-based ice creams, particularly in urban areas. In 2024, Nestlé launched a range of functional dairy-based ice creams with added probiotics and low-fat options, targeting health-conscious consumers.

Market Size By Flavour

Market Size By Flavour
Chocolate Vanilla Fruit Others

Company Market Share

The global market is dominated by companies like Unilever, Nestle, McDonald's, Dreyer’s, and Lotte Group. One of the key reasons for the growth potential of the market is the increasing demand for premium and artisanal ice cream. Consumers are willing to pay more for high-quality, unique flavors and ingredients. This trend has led to the emergence of small-batch ice cream makers who can cater to this demand. Therefore, manufacturers are focused on creating innovative and unique ice cream flavors and maintaining the product's quality. Also, there is a growing demand for non-dairy and vegan ice cream options and healthier alternatives with less sugar and fewer calories, thereby creating lucrative opportunities for manufacturers in the global market.


List of key players in Ice Cream Market

  1. Nestle S.A.
  2. Unilever Group
  3. General Mills
  4. Amul
  5. Dunkin Brands
  6. Blue Bell Creameries
  7. Dairy Queen
  8. Dairy Farmers of America Inc.
  9. Cold Stone Creamery
  10. Danone S.A.
  11. Ben & Jerry’s
  12. Havmore
  13. Vadilal
  14. DMK Ice Cream
  15. Froneri Ice Cream
Ice Cream Market Share of Key Players

Recent Developments

  • January 2025- Unilever announced plans to spin off its ice cream division, which includes renowned brands such as Ben & Jerry's and Breyers. The company is considering a New York listing for this division, aiming to complete the separation by the end of 2025.
  • October 2024- The Magnum Bon Bon range joined Unilever’s growing ice cream snacking portfolio. This includes Ben & Jerry’s ‘Peaces’ pouches and ‘Poppables’ from our US Greek yogurt brand, Yasso

Analyst Opinion

As per our analyst, the global ice cream market is experiencing substantial growth, particularly in Europe, with countries like Germany, Italy, France, and the UK driving significant market expansion. This growth can be attributed to the presence of major manufacturers and a continuous focus on research and development within the industry. Additionally, increasing consumer awareness around health and wellness has created a lucrative opportunity for the market, with a rising demand for low-calorie and plant-based ice creams. This trend is expected to appeal to a broad demographic, catering to consumers of all age groups.

In North America, premium and regular ice cream segments account for approximately 80% of the market. The Asia-Pacific region, specifically China, has dominated the industry in recent years, reaching an impressive 4.3 billion liters of ice cream sales in 2022. With ongoing innovation and diversification in flavors and product offerings, the market is expected to grow, driven by evolving consumer preferences and the increasing adoption of health-conscious and premium options.


Ice Cream Market Segmentations

By Flavour (2021-2033)

  • Chocolate
  • Vanilla
  • Fruit
  • Others

By Packaging (2021-2033)

  • Cartons
  • Tubs
  • Cups
  • Cones
  • Bars
  • Sticks
  • Others

By Category  (2021-2033)

  • Dairy
  • Vegan

By Distribution Channel (2021-2033)

  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Online
  • Others

Frequently Asked Questions (FAQs)

What is the market size of the global ice cream market?
The global ice cream market size is projected to grow from USD 79.4 billion in 2025 to USD 139.7 billion by 2033, exhibiting a CAGR of 6.7% during the forecast period (2025-2033).
The continuous changing consumer preferences and seasonal demand are the primary key factors for the growth of the global market.
The chocolate segment dominates the market, accounting for the largest revenue share. Chocolate-flavored gelato is a universally loved indulgence, offering a rich and satisfying experience for consumers seeking comfort, nostalgia, or a treat for special occasions.
The leading ice cream manufacturers in global market are Nestle S.A., Unilever Group, General Mills, Amul, Dunkin Brands, Blue Bell Creameries, Dairy Queen, Dairy Farmers of America Inc., Cold Stone Creamery, Danone S.A., Ben & Jerry’s, Havmore, Vadilal, DMK Ice Cream and Froneri Ice Cream.
North America is anticipated to be the fastest-growing region in the global ice cream market, driven by a long-standing cultural affinity for frozen desserts and continuous innovation in flavor and product variety.


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