Table of Contents
North America Ice Cream Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 3.8% (2024-2032)
Market Size in 2023: USD 14.8 Billion
Market Forecast in 2032: USD 20.9 Billion
The North America ice cream market is experiencing steady growth, driven by shifting consumer preferences and evolving lifestyle trends. According to the latest report by IMARC Group, the market size reached USD 14.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 20.9 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.
The rising demand for premium and artisanal ice cream products is a key factor fueling market expansion, particularly in urban areas where consumers seek unique flavors and high-quality ingredients. Major cities such as New York, Los Angeles, and Toronto are experiencing a notable increase in boutique ice cream shops and specialized brands that cater to a rising preference for gourmet options. Moreover, the growing popularity of plant-based diets and the demand for dairy-free alternatives are contributing to market growth as manufacturers innovate to meet these new consumer demands. Additionally, health and wellness trends are significantly influencing market growth. Consumers are increasingly looking for healthier options, prompting manufacturers to introduce low-calorie, low-sugar, and protein-enriched ice cream varieties. This shift toward more health-conscious products is driven by a rising awareness about nutrition and the desire for indulgent treats that do not compromise on dietary goals.
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North America Ice Cream Industry Trends and Drivers:
Key trends in the North America ice cream market include sustainability and technological advancements. Consumers and companies are placing a stronger emphasis on sustainable practices, from sourcing ingredients to packaging solutions. There is also a rising demand for ice cream made with ethically sourced, organic, and non-GMO ingredients. As a result, numerous manufacturers are adopting eco-friendly practices and offering products in biodegradable or recyclable packaging to reduce their environmental impact. This shift toward sustainability is also supported by increasing regulatory pressures to reduce waste and carbon footprints. Moreover, technological advancements in production and distribution are significant growth-inducing factors. The rise of e-commerce and direct-to-consumer models has expanded the reach of niche and premium ice cream brands, allowing them to cater to a wider audience without the constraints of traditional retail channels. This has led to a more competitive landscape, encouraging established brands and new entrants to innovate and diversify their product offerings. Other than this, the impact of the COVID-19 pandemic has also influenced consumer behavior in the ice cream market. With more individuals staying at home, there has been a rise in at-home indulgence, propelling demand for ice cream products that offer comfort and a sense of luxury.
North America Ice Cream Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest North America ice cream market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.
Breakup by Flavor:
- Chocolate
- Fruit
- Vanilla
- Others
Breakup by Category:
- Impulse Ice Cream
- Take-Home Ice Cream
- Artisanal Ice Cream
Breakup by Product:
- Cup
- Stick
- Cone
- Brick
- Tub
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Ice cream Parlours
- Online Stores
- Others
Breakup by Country:
- United States
- Canada
- Mexico
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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