Brazil Ice Cream Market Size & Outlook, 2023-2030
Brazil ice cream market, 2017-2030 (US$M)
Related Markets
Brazil ice cream market highlights
- The Brazil ice cream market generated a revenue of USD 6,453.6 million in 2023 and is expected to reach USD 8,314.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
- In terms of segment, bars was the largest revenue generating product in 2023.
- Cones is the most lucrative product segment registering the fastest growth during the forecast period.
Ice cream market data book summary
| Market revenue in 2023 | USD 6,453.6 million |
| Market revenue in 2030 | USD 8,314.7 million |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Bars |
| Fastest growing segment | Cones |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cartons, Tubs, Cups, Cones, Bars |
| Key market players worldwide | Unilever PLC, Inspire Brands, General Mills Inc, Nestle SA, Kahala Brands, Danone SA, NadaMoo |
Other key industry trends
- In terms of revenue, Brazil accounted for 5.7% of the global ice cream market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil ice cream market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 8,314.7 million by 2030.
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Ice Cream Market Scope
Ice Cream Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil ice cream market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ice cream market will help companies and investors design strategic landscapes.
Bars was the largest segment with a revenue share of 32.91% in 2023. Horizon Databook has segmented the Brazil ice cream market based on cartons, tubs, cups, cones, bars covering the revenue growth of each sub-segment from 2017 to 2030.
Brazil accounts for more than 60.0% of Latin America ice cream market. The growing demand for premium price products is expected to drive the ice cream sales value in the country. Impulse ice cream dominated the market as of 2016 and is expected to do the same over the forecast period.
Economic rise of lower socio-economic group is expected to drive the consumption of non-essential products such as ice cream in the country. Growing number of consumers in North East region in the country who are ready to pay for premium price products could drive the market growth during the forecast period.
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Our clientele includes a mix of ice cream market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil ice cream market , including forecasts for subscribers. This country databook contains high-level insights into Brazil ice cream market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil ice cream market size, by product, 2017-2030 (US$M)
Brazil Ice Cream Market Outlook Share, 2023 & 2030 (US$M)
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