China Ice Cream Parlor Market Size & Outlook, 2022-2030
China ice cream parlor market, 2017-2030 (US$M)
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China ice cream parlor market highlights
- The China ice cream parlor market generated a revenue of USD 1,383.4 million in 2022 and is expected to reach USD 2,085.6 million by 2030.
- The China market is expected to grow at a CAGR of 5.3% from 2023 to 2030.
- In terms of segment, branded/franchise was the largest revenue generating type in 2022.
- Branded/Franchise is the most lucrative type segment registering the fastest growth during the forecast period.
Ice cream parlor market data book summary
| Market revenue in 2022 | USD 1,383.4 million |
| Market revenue in 2030 | USD 2,085.6 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Branded/franchise |
| Fastest growing segment | Branded/Franchise |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Branded/Franchise, Independent |
| Key market players worldwide | Berkshire Hathaway Inc Class A, MTY Food Group Inc, Unilever PLC, Chocoladefabriken Lindt & Spruengli AG, FAT Brands Inc Class A, Baskin Robbins, Amorino, Cream Stone, Ice Natural Ice Industry |
Other key industry trends
- In terms of revenue, China accounted for 12.0% of the global ice cream parlor market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China ice cream parlor 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 1,730.8 million by 2030.
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Ice Cream Parlor Market Scope
Ice Cream Parlor Market Companies
| Name | Profile | # Employees | HQ | Website |
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China ice cream parlor 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 parlor market will help companies and investors design strategic landscapes.
Branded/franchise was the largest segment with a revenue share of 59.01% in 2022. Horizon Databook has segmented the China ice cream parlor market based on branded/franchise, independent covering the revenue growth of each sub-segment from 2017 to 2030.
China is one of the largest markets in terms of ice cream consumption globally, fueled by changing dietary habits, rising disposable incomes, and a growing middle-class population. According to the State Council Information Office of the People’s Republic of China, the per capita disposable income in China increased by 5% between 2021 and 2022 and stood at about USD 5,487 in 2022.
Moreover, according to a report published on the China-US Focus platform, China’s middle-income population accounted for around 76% of urban Chinese households and 45% of the entire Chinese population in 2022.
According to the Chinese Ice Cream Industry Trend Report (2022), the per capita annual ice cream consumption in the country stood at 3.5 liters, which was much lower than the 6–8 liters in Western countries. This shows that there is still immense scope for growth in the China ice cream market.
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Horizon Databook provides a detailed overview of country-level data and insights on the China ice cream parlor market , including forecasts for subscribers. This country databook contains high-level insights into China ice cream parlor market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China ice cream parlor market size, by type, 2017-2030 (US$M)
China Ice Cream Parlor Market Outlook Share, 2022 & 2030 (US$M)
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