The global Artisanal Ice Cream Market size is expected to
reach USD 9.5 billion by 2025, according to a new report by Grand View
Research, Inc., expanding at a CAGR of 6.9% over the forecast period. Increasing
desert consumption and rising adoption of natural and organic sweet dishes are
projected to remain prominent trends in the market.
Growing lactose intolerant population is
contributing to the increased demand for artisanal ice cream. Therefore, lactose-free
ice cream allows user to enjoy these products without any intolerance or
allergies. Moreover, the focal point lies on aesthetics and flavors. Therefore,
companies often use pestle colors for packaging that expresses flavor and
creates an appetite. For instance, in 2017, Van Leeuwen witnessed a 50%
increase in its sale post its product redesigning and packaging.
Furthermore, key players in the market focus on
innovative flavors as their new product development strategy. These innovative
yet healthy defined flavors are introduced to gain wider acceptance of
consumers. For instance, in May 2018, Taj West End introduced aam-panna ice
cream flavor in the IPL catering for cricket players and VIPs.
Moreover, The Oberoi (Bangalore) serves
South-Indian flavor ice cream to the city dwellers consisting of coffee,
jaggery, and jamun with activated charcoal. In addition, in January 2019, Eden
Creamery LLC., manufacturer of low-calorie ice cream brand Halo Top, has
expanded their product line to non-dairy ice cream. The brand exhibits flavors
such as peanut butter, chocolate hazelnut, and mint fudge cookie. The product
is manufactured with coconut milk and contains less calories and more proteins.
Hypermarket and supermarket is anticipated to
witness the highest growth in the coming years on account of the availability
of a wide variety of products and convenience factor. Prominent brand of ice
creams are easily located on the shelves of supermarket as well as hypermarket.
Request a sample copy or view summary of this
report@ https://www.grandviewresearch.com/industry-analysis/artisanal-ice-cream-market
Further key findings from the
report suggest:
- By distribution channel, specialty stores dominated the global
market with a share of 35.9% in 2018. Hypermarket and supermarket is
projected to ascend at a CAGR of 7.4% from 2019 to 2025
- North America dominated the global artisanal ice cream market in
2018, accounting for 41.4% share
- Asia Pacific is expected to expand at the fastest CAGR of 8.1%
from 2019 to 2025 owing to increasing consumption of premium ice cream in
countries such as India and China
- The industry is highly competitive in nature with the main players
including Unilever, Nye’s Cream Sandwiches, Van Leeuwan, Nestlé, BI-RITE
FAMILY OF BUSINESSES, Carmel, Ice Cream, and Toscanini’s.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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