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Ice Cream Market - Strategic Insights and Forecasts (2026-2031)

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Market Size
USD 93.126 billion
by 2031
CAGR
5.30%
2026-2031
Base Year
2025
Forecast Period
2026-2031
Projection
Report OverviewSegmentationTable of ContentsCustomize Report

Report Overview

🎯

Ice Cream Market - Highlights

Premiumization
drives market expansion as consumers increasingly demand indulgent, high-quality artisanal products with superior ingredients and sophisticated textures.
Flavor Innovation
remains critical, with manufacturers introducing bold, exotic, nostalgic, and fusion combinations to appeal to diverse consumer palates.
Health-Conscious Options
are gaining traction, including plant-based, dairy-free, low-sugar, and functional formulations that balance indulgence with wellness and dietary requirements.
Sustainability Focus
is increasing, evidenced by eco-friendly packaging, ethical sourcing, and clean-label practices, which resonate with environmentally aware consumers.

Report Overview

The global ice cream market is expanding, driven by evolving consumer preferences, a strong trend toward premiumization, and sustained product innovation across both established and emerging economies. This growth is further supported by rising disposable incomes, increasing urbanization, and the expanding popularity of Western-style desserts.

Manufacturers are strategically enhancing their portfolios through premium and artisanal offerings, distinguished by unique flavors, natural ingredients, and sophisticated textures. Concurrently, there is an expansion in low-fat, low-sugar, dairy-free, and plant-based ice cream varieties, addressing the demands of health-conscious and lactose-intolerant consumers. Two Spoons Creamery exemplifies this trend, having introduced a high-protein, no-added-sugar ice cream. This GLP-1-friendly product, designed for health-conscious consumers, features four flavors: Rocky Road, Strawberries & Cream, Caramel Swirl, and Fudgy Brownie. Its low sweetness profile is achieved through allulose, replacing traditional sugar.

Yasso, a brand under Magnum Ice Cream Company, has expanded its healthier product line in the U.S. with a new spoonable frozen Greek yogurt pint format. While not a conventional sugar-free ice cream, this product offers high protein and reduced sugar content.

The global ice cream industry operates under the stringent oversight of various food safety and labeling authorities, ensuring product quality and consumer protection. In the U.S. market, the FDA establishes compositional standards and nutrition labeling requirements, including the disclosure of sugars and sweeteners.

Europe is supervised by the European Commission and EFSA, which enforce strict regulations on ingredient safety and claims related to health or sugar reduction. The UK’s Food Standards Agency (FSA) implements food labeling and sugar-reduction standards. India's FSSAI sets standards for ice cream components, additives, and labeling. Additional significant regulatory bodies, including Health Canada, FSANZ (Australia–New Zealand), and Japan’s MHLW, also influence the formulation and marketing of low-sugar ice cream products.

The United States ice cream market demonstrates dynamic import-export activity, driven by robust domestic production and strategic international trade. According to the Observatory of Economic Complexity (OEC), exports were estimated at $254 million (November 2024 – October 2025), with imports estimated at $324 million for the same period.

Key market players include Froneri International, Nestlé S.A., General Mills, Mars, Magnum Ice Cream, Baskin-Robbins, Blue Bell Creameries, Amul (GCMMF), Yili Group, Mengniu Dairy, and Ferrero Group. These entities drive industry trends through their established brand portfolios, extensive global reach, and continuous product line innovation. Their market leadership is sustained by large-scale manufacturing, robust cold chain distribution networks, and targeted marketing strategies, increasingly focused on premium, lower-sugar, and plant-based offerings to align with evolving consumer demands.

Ice Cream Market Highlights

Market Dynamics

Market Drivers

Rising Incomes and Discretionary Spending

The Codex Alimentarius Commission (CAC), an international organization setting science-based food safety and quality standards, undertook significant revisions during its 48th session in 2025. These updates to the General Standard for Food Additives included over 500 provisions on the safe usage of colorings and other food additives. The CAC also established maximum allowable limits for lead in spices and herbs and revised guidelines for reducing aflatoxin contamination in peanuts, enhancing risk management in supply chains. New guidelines were adopted for standardizing and applying reference materials in pesticide testing, improving laboratory comparability and accuracy. Furthermore, an international standard for fresh dates was established to ensure baseline quality and safety in global commerce.

Collectively, these revisions foster a more harmonized approach to food regulation, reduce contaminant levels in food supplies, and establish a consistent, reliable framework for monitoring and testing food products. This ensures the ongoing provision of safe food for consumers globally, contributing to market stability that allows businesses to capitalize on rising incomes.

India’s Gross National Income (GNI) increased from 325,898,484 in 2024–2025 to 351,589,997 in 2025–2026 (first AE). This growth signifies enhanced national income, increased consumer purchasing power, and expanding disposable income. For the global ice cream market, this rising GNI enables more Indian consumers to afford discretionary and premium food products, including frozen desserts. Elevated income levels directly correlate with increased demand for indulgent and novelty ice cream products, thereby supporting market expansion. This data is critical for international ice cream brands and suppliers for strategic market entry, pricing adjustments, and sales forecasting in India, a prominent emerging market.

Key Developments

  • December 2025: Blue Bell Creameries announced a distribution expansion into Cincinnati, Dayton, and surrounding cities.

  • October 2025: Wells Enterprises revealed plans to launch Nutella Ice Cream and Kinder Bueno Frozen Dessert at the NACS Show in Chicago. These new frozen products, available in pints and cones, commenced shipping to convenience store distributors on December 1, 2025, with broader retail availability anticipated by spring 2026.

Market Segmentation:

  • By Product Type: Dairy-based Ice Cream

The global ice cream market is segmented by Product Type into Dairy-Based Ice Cream and Non-Dairy Ice Cream. Dairy-based ice cream encompasses all frozen desserts primarily derived from milk and cream. In the U.S., the FDA defines ice cream as requiring a minimum of 20% total milk solids and 10% milk fat, alongside permitted sweeteners or stabilizers. Similar regulatory definitions globally ensure product consistency and quality. Dairy-based ice cream represents the dominant product type in the global market. The U.S. Department of Agriculture's dairy products division estimates that regular dairy ice cream will constitute the largest share of frozen dairy manufacturing volume, surpassing low-fat or non-fat alternatives. This trend is consistent across major dairy production regions worldwide, including Europe and Asia Pacific.

This segment benefits from a robust supply of raw materials, a well-established cold chain infrastructure, and broad consumer acceptance across all demographics. Its market leadership in global consumer sales is attributed to a wide array of flavors, ongoing premium innovations in dairy products, and adherence to regulatory standards that facilitate the mass production and international trade of dairy items.

India’s telecom subscriber distribution, comprising 56% urban and 44% rural users, underscores widespread digital connectivity across its consumer markets. This connectivity significantly supports the global ice cream market by facilitating online product discovery, digital promotions, and e-commerce-driven distribution, particularly in urban areas with advanced cold-chain logistics and quick-commerce platforms. For the dairy-based ice cream segment, higher urban digital penetration correlates with stronger demand for premium, branded, and impulse purchases. Concurrently, increasing rural connectivity signals long-term market expansion potential through digital marketing, mobile ordering, and enhanced last-mile refrigerated delivery networks.

  • By Distribution Channel: Online

The global ice cream market is segmented into online and offline distribution channels. The online channel is experiencing global expansion, driven by increasing consumer adoption of digital platforms for grocery and frozen food purchases. This growth is propelled by rising e-commerce penetration, enhanced cold-chain logistics, and the convenience of home delivery. For example, India’s e-commerce industry, valued at Rs. 10,82,875 crore (US$ 125 billion) in 2024, is projected to reach Rs. 29,88,735 crore (US$ 345 billion) by 2030 (IBEF). Online platforms provide consumers with access to a broader product assortment, including premium, artisanal, and limited-edition ice creams often unavailable in local physical stores, thereby supporting higher-value transactions.

Critical to the proliferation of online ice cream sales are advancements in cold-chain infrastructure. Investments in insulated packaging, temperature-controlled delivery vehicles, and expedited last-mile fulfillment have mitigated spoilage and preserved product quality during transit. Key factors contributing to market expansion include the growth rate of online grocery sales, the proportion of frozen food within online grocery baskets, average delivery times for frozen products, and repeat purchase rates across frozen dessert categories.

Evolving consumer behavior further underpins online channel adoption. Urban consumers and younger demographics exhibit increased comfort with ordering frozen desserts via mobile applications and e-commerce platforms, particularly during periods of peak seasonal demand. Data from Our World in Data shows the urban population of the United States grew steadily from approximately 260 million in 2014 to over 284 million in 2024, indicating consistent expansion in city-based populations. Moreover, the availability of subscription models and bulk ordering options online fosters repeat purchases and enhances customer retention, thereby reinforcing the long-term viability of the online channel for ice cream manufacturers.

Numerous global and regional entities are actively leveraging online channels for ice cream distribution. Major e-commerce and grocery platforms (e.g., Amazon Fresh, Walmart Grocery, Instacart, Ocado, Carrefour online, Tesco online) have seamlessly integrated frozen and ice cream delivery into their service portfolios. Concurrently, ice cream manufacturers and premium brands are expanding direct-to-consumer sales via proprietary websites and strategic partnerships with last-mile delivery providers, gaining greater control over pricing, branding, and customer data.

Consequently, the online distribution channel is projected to outpace traditional offline retail for ice cream. This acceleration is supported by sustained investment in logistics, growing consumer confidence in frozen e-commerce, and brands’ strategic emphasis on digital engagement and direct sales initiatives.

Regional Analysis

North America: the US Market Analysis

A primary growth driver in the U.S. ice cream market is robust consumer demand for frozen desserts, deeply embedded in American culture as a preferred indulgence and comfort food. Expanding disposable incomes, evolving consumer preferences, and shifting dietary habits have further propelled market expansion. The United States demonstrates a formidable domestic manufacturing base and sustained consumer demand for traditional ice cream, evidenced by approximately 900 million gallons of regular ice cream produced in 2024 (USDA). While low-fat and nonfat ice cream accounted for about 400 million gallons and other frozen dairy products for approximately 100 million gallons, the pronounced dominance of regular ice cream underscores its enduring market leadership, supporting consistent growth across all production, distribution, and retail channels.

Continuous innovation and product diversification by manufacturers represent another significant growth factor, enabling them to address evolving consumer preferences. This strategy involves introducing novel flavors, unique combinations, and premium offerings, alongside catering to specific dietary requirements (e.g., lactose-free, plant-based, low-sugar ice creams) to attract a broader consumer demographic. In 2024, U.S. ice cream makers produced a total of 1.31 billion gallons. The industry is characterized by established manufacturers, with the majority operating for over 50 years, many remaining family-owned. Key market players include Nestlé S.A., Unilever PLC, The Kroger Co., Wells Enterprises, Inc., Mars, Inc., and General Mills, Inc.

REPORT DETAILS

Report ID:KSI061613806
Published:Feb 2026
Pages:151
Format:PDF, Excel, PPT, Dashboard
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Frequently Asked Questions

The report indicates that the global ice cream market's growth is primarily driven by changing consumer preferences, increasing premiumization, and consistent product innovation. Additionally, factors such as rising disposable incomes, urbanization, and the growing popularity of Western-style desserts are contributing significantly to its expansion.

Manufacturers are increasingly emphasizing premium and artisanal products, incorporating unusual flavors, natural ingredients, and luxurious textures. Concurrently, there is a significant expansion in offerings for low-fat, low-sugar, dairy-free, and plant-based ice creams to cater to health-conscious and lactose-intolerant consumers.

The report identifies major market players such as Froneri International, Nestlé S.A., General Mills, Mars, Magnum Ice Cream, and Ferrero Group. These companies, alongside others like Baskin-Robbins, Blue Bell Creameries, and Amul, are pivotal in setting industry trends through their established brand portfolios, global geographical reach, and continuous innovation.

The United States ice cream market demonstrates a dynamic import-export landscape. According to the Observatory of Economic Complexity (OEC) referenced in the report, U.S. exports were estimated at $254 million, while imports were estimated at $324 million for the period of November 2024 to October 2025.

Regulatory bodies globally, including the FDA in the US, the European Commission/EFSA in Europe, and FSSAI in India, play a crucial role in managing the ice cream industry. They set stringent standards for compositional requirements, nutrition labeling, ingredient safety, and health or sugar-reduction claims, thereby significantly impacting the design and promotion of low-sugar ice cream products.

Yes, the report highlights Two Spoons Creamery's high-protein, no-added-sugar, GLP-1-friendly ice cream, sweetened with allulose, as a notable innovation. Additionally, Yasso, a brand of Magnum Ice Cream Company, has expanded its healthier range in the U.S. by launching a new spoonable frozen Greek yogurt pint format featuring high protein and reduced sugar.

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