Japan Ice Cream Market Size & Outlook, 2023-2030

The ice cream market in Japan is expected to reach a projected revenue of US$ 12,468.5 million by 2030. A compound annual growth rate of 4.5% is expected of Japan ice cream market from 2024 to 2030.
Revenue, 2023 (US$M)
$9,164.1
Forecast, 2030 (US$M)
$12,468.5
CAGR, 2024 - 2030
4.5%
Report Coverage
Japan

Japan ice cream market highlights

  • The Japan ice cream market generated a revenue of USD 9,164.1 million in 2023 and is expected to reach USD 12,468.5 million by 2030.
  • The Japan market is expected to grow at a CAGR of 4.5% 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 2023USD 9,164.1 million
Market revenue in 2030USD 12,468.5 million
Growth rate4.5% (CAGR from 2023 to 2030)
Largest segmentBars
Fastest growing segmentCones
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCartons, Tubs, Cups, Cones, Bars
Key market players worldwideUnilever PLC, Inspire Brands, General Mills Inc, Nestle SA, Kahala Brands, Danone SA, NadaMoo


Other key industry trends

  • In terms of revenue, Japan accounted for 8.1% 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 Companies

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Japan 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 32.42% in 2023. Horizon Databook has segmented the Japan ice cream market based on cartons, tubs, cups, cones, bars covering the revenue growth of each sub-segment from 2017 to 2030.


Japan is the second largest ice cream market in the region only behind China. The demand for ice creams even during colder season and increasing penetration of premium ice creams is expected to drive the market growth during the forecast period.

The demand for dairy ice cream is more than water ice cream and this trend is anticipated to drive the sales value over the forecast period. The Lotte ice cream dominates the ice cream market in the country owing to presence of well established brands such as Coolish, Monaou, Gahna, and Lady Boden.

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Horizon Databook provides a detailed overview of country-level data and insights on the Japan ice cream market , including forecasts for subscribers. This country databook contains high-level insights into Japan ice cream market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Japan ice cream market size, by product, 2017-2030 (US$M)

Japan Ice Cream Market Outlook Share, 2023 & 2030 (US$M)

Japan ice cream market size, by product, 2017-2030 (US$M)

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