North America Ice Cream Market Size & Outlook, 2023-2030
North America ice cream market, 2017-2030 (US$M)
Related Markets
North America ice cream market highlights
- The North America ice cream market generated a revenue of USD 23,270.6 million in 2023.
- The 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 23,270.6 million |
| Market revenue in 2030 | USD 29,916.3 million |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Bars |
| Fastest growing segment | Cones |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 20.5% of the global ice cream market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 56,804.1 million by 2030.
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Ice Cream Market Scope
Ice Cream Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 31.98% in 2023. Horizon Databook has segmented the North America ice cream market based on cartons, tubs, cups, cones, bars covering the revenue growth of each sub-segment from 2017 to 2030.
North America is the second largest ice cream market in the world behind Asia Pacific. Growth rate has remained flat in the recent years owing to fewer product launches and growing focus on reducing consumption of sugar by consumers in U.S and Canada.
North America is the only market to have fewer product launches in 2015 as compared to 2014. The consumers in the region are refraining from consuming sugary foods which is having an effect on ice cream consumption in U.S and Canada. Product innovation is expected to have positive impact over the forecast period as new products would drive the adoption of ice creams in the region.
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Target buyers of North America 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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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America ice cream market , including forecasts for subscribers. This continent databook contains high-level insights into North America ice cream market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America ice cream market size, by country, 2017-2030 (US$M)
North America Ice Cream Market Outlook Share, 2023 & 2030 (US$M)
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