Ice Cream Parlor Market Size To Reach $17.20 Billion By 2030

Ice Cream Parlor Market Growth & Trends

The global ice cream parlor market size is expected to reach USD 17.20 billion by 2030, registering a CAGR of 5.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. There is a growing demand for frozen desserts and sweet treats worldwide, as people of all ages enjoy indulging in ice cream and related products. Ice cream parlors provide a unique and immersive experience for customers, allowing them to choose from a wide variety of flavors, toppings, and creative combinations. In addition, increasing disposable income in many regions has contributed to the growth of the ice cream parlor industry. As people have more spending power, they are more likely to treat themselves and their families to the luxury of visiting an ice cream parlor and trying different flavors and offerings.

Moreover, the rising popularity of experiential dining and the demand for unique food experiences have played a significant role in the growth of ice cream parlors. Customers are increasingly seeking memorable experiences and are willing to pay for high-quality ice cream and innovative creations beyond traditional flavors. Furthermore, the expansion of international food chains and franchises has also fueled the growth of the global ice cream parlor industry. Many popular ice cream brands have successfully expanded their presence globally, attracting customers with their established reputation, consistent quality, and recognizable branding. For instance, in April 2023, Baskin Robbins planned to add 100 ice cream parlors to its network in India to achieve double-digit growth in sales.

The expansion will mostly be through franchise partners, with some company-owned parlors opened. The branded/franchise segment contributed a majority of the share in the global ice cream parlor industry revenue in 2022. Branded ice cream parlors often introduce seasonal flavors to attract customers. These flavors are typically associated with specific holidays or seasons, such as pumpkin spice during fall or peppermint during winter. Many branded ice cream parlors collaborate with other brands or celebrities to create limited-edition flavors or special menu items. These collaborations generate excitement and attract customers interested in trying unique and exclusive offerings. For instance, in August 2022, Baskin Robbins and Nintendo partnered for an exclusive collaboration featuring Splatoon 3-themed frozen treats.

These limited-time offerings are exclusively available at select Baskin-Robbins locations in Japan. The artisanal ice cream segment registered the fastest growth.Artisanal ice creams can feature exotic flavors like lavender honey, matcha green tea, salted caramel with sea salt flakes, or unconventional combinations like bacon maple syrup. The texture of artisanal ice creams may vary, with some brands opting for a denser, creamier texture, while others go for a lighter, smoother consistency. These ice creams are generally more expensive than traditional ice creams due to the use of premium ingredients, smaller production quantities, and the craftsmanship involved. The global industry is fragmented in different regions/countries owing to the presence of a large number of players.

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Ice Cream Parlor Market Report Highlights

• The branded/franchise segment is projected to register the fastest CAGR of 5.4% from 2023 to 2030 as branded ice-cream parlors offer consistent flavors, menu items, and overall experience across their locations

• The artisanal ice cream segment is expected to register the fastest CAGR of 6.0% from 2023 to 2030 as these ice creams tend to include high-quality ingredients, such as fresh fruits, natural flavors, and locally sourced or organic products

• Asia Pacific is expected to register the fastest CAGR of 6.0% during the forecast period. The increasing expenditure on ice creams in Asian countries, such as India, Japan, and New Zealand, is projected to support market growth

• For instance, according to Japan’s Ministry of Internal Affairs and Communications (MIC), expenditure on ice cream among Japanese consumers witnessed a 135% growth between 2011 and 2020

Ice Cream Parlor Market Segmentation

Grand View Research has segmented the global ice cream parlor market based on type, product, and region:

Ice Cream Parlor Type Outlook (Revenue, USD Million, 2017 - 2030)

• Branded/Franchise

• Independent

Ice Cream Parlor Product Outlook (Revenue, USD Million, 2017 - 2030)

• Traditional Ice Cream

• Artisanal Ice Cream

Ice Cream Parlor Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Spain

  • Italy

• Asia Pacific

  • China

  • Japan

  • India

  • Australia & New Zealand

  • South Korea

• Central & South America

  • Brazil

• Middle East & Africa

  • South Africa

List of Key Players in Ice Cream Parlor Market

• Baskin-Robbins

• D.Q. Corp.

• Cold Stone Creamery (Kahala Franchising, LLC.)

• Ben & Jerry's Homemade, Inc.

• Häagen-Dazs

• Amorino

• Ghirardelli Chocolate Company

• Marble Slab Creamery

• Cream Stone

• Natural Ice Creams