China Ice Cream Market Size & Outlook, 2023-2030
China ice cream market, 2017-2030 (US$M)
Related Markets
China ice cream market highlights
- The China ice cream market generated a revenue of USD 22,402.7 million in 2023 and is expected to reach USD 30,021.0 million by 2030.
- The China market is expected to grow at a CAGR of 4.3% 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 22,402.7 million |
| Market revenue in 2030 | USD 30,021.0 million |
| Growth rate | 4.3% (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, China accounted for 19.8% 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 Asia Pacific, China ice cream market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,152.1 million by 2030.
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Ice Cream Market Scope
Ice Cream Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 32.85% in 2023. Horizon Databook has segmented the China ice cream market based on cartons, tubs, cups, cones, bars covering the revenue growth of each sub-segment from 2017 to 2030.
China is the largest ice cream market across the globe in terms of both sales value and volume. The rising demand for premium products is expected to drive the sales growth during the forecast period. Manufacturers are launching premium products lines to satisfy consumer demands and to ensure high profit growth. In 2014, China overtook U.S to become the largest ice cream market both in terms of sales volume and value.
Consumers in the country consider ice cream as snack and it is one of the main reasons for the growing consumption of ice cream in the country. However, sales volume has decreased in last few years owing to growing number of health conscious consumers who refrain from consuming any type of ice cream in order to cut down their sugar consumption levels.
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Target buyers of China ice cream market databook
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Our clientele includes a mix of ice cream market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China ice cream market , including forecasts for subscribers. This country databook contains high-level insights into China ice cream market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China ice cream market size, by product, 2017-2030 (US$M)
China Ice Cream Market Outlook Share, 2023 & 2030 (US$M)
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