U.S. Ice Cream Market Size & Outlook, 2023-2030
U.S. ice cream market, 2017-2030 (US$M)
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U.S. ice cream market highlights
- The U.S. ice cream market generated a revenue of USD 20,292.9 million in 2023 and is expected to reach USD 26,230.7 million by 2030.
- The U.S. 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 20,292.9 million |
| Market revenue in 2030 | USD 26,230.7 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, U.S. accounted for 17.9% 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 North America, U.S. ice cream market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 26,230.7 million by 2030.
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Ice Cream Market Scope
Ice Cream Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 31.27% in 2023. Horizon Databook has segmented the U.S. ice cream market based on cartons, tubs, cups, cones, bars covering the revenue growth of each sub-segment from 2017 to 2030.
U.S is the second largest ice cream market in the world in terms of both volume and value. In 2014, China overtook U.S to become the largest ice cream market across the globe. The sales volume has reduced significantly in the U.S owing to growing number of health-conscious consumers who are refraining from consumption of ice creams.
However, the per capita consumption of ice cream is still the largest in the U.S with approx. 18.4 litres of ice cream in 2014. Take home ice cream is the major segment which is driving the market growth. Growing competition from frozen yoghurt coupled with unseasonable weather is also expected to limit 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 U.S. ice cream market , including forecasts for subscribers. This country databook contains high-level insights into U.S. ice cream market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. ice cream market size, by product, 2017-2030 (US$M)
U.S. Ice Cream Market Outlook Share, 2023 & 2030 (US$M)
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