Ice Cream Mixes Market
Ice Cream Mixes Market Study by Soft Serve/Gelato and Hard Pack in Vanilla, Strawberry, Chocolate, Mango, and Butterscotch Flavor From 2024 to 2034
Analysis of Ice Cream Mixes Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Ice Cream Mixes Market Outlook (2024 to 2034)
Expanding at a CAGR of 2.3%, the global ice cream mixes market is projected to increase from a valuation of US$ 6.79 billion in 2024 to US$ 8.53 billion by 2034.
Fast food consumption is increasing because of several factors including busy lifestyles and nutritional changes, which presents a significant potential for ice cream mix producers. Leading market participants are analyzed to keep growing their production capacity and improving their skills and capacities by using cutting-edge technology.
Since they provide a variety of flavors, tastes, textures, and other sensory experiences, ice cream mixes are widely used as an essential ingredient in the production of ice cream. It is possible to make several kinds of ice creams using ice cream mixes, including hard serve and soft serve variants. Modern production processes and sophisticated ice cream mixes are consumed by manufacturers to make premium ice cream, as the demand for ice cream mixes in several flavors and kinds is increasing.
One of the primary approaches used by producers of ice cream mixes is providing realistic flavor, color, texture, and taste in their products. A mixture of milk solids, sugars, stabilizers, emulsifiers, and flavorings usually makes up an ice cream mix. Manufacturers provide these mixes to make the process of ice cream making easier for businesses that serve food, including restaurants, food service providers, and ice cream parlors.
The market encompasses a wide range of ice cream mixes, both dairy and non-dairy, to accommodate a wide range of consumer tastes. It provides ice cream manufacturers all over the world with ease and consistency by providing the basic ingredients needed to create a vast array of ice cream tastes and variants, contributing to the overall expansion of the ice cream mixes market growth.
Premixes that enable producers to produce novel and inventive goods are in increased demand as the market for specialized and distinctive ice cream tastes continues to rise. Conversely, stabilizers are substances that are added to ice cream and other frozen treats to enhance their consistency, texture, and shelf life. Stabilizers are also demanded increasingly as consumers want more consistent and high-quality ice cream products.
Manufacturers are using stabilizers to ensure product quality and avoid problems including melting or separation. Customized and artisanal tastes are becoming more popular, which is another driver driving the market growth. Ice cream premixes are aiding producers in developing the novel and distinctive flavors that consumers are seeking.
Report Attribute | Detail |
---|---|
Ice Cream Mixes Market Size (2024E) | US$ 6.79 Billion |
Forecasted Market Value (2034F) | US$ 8.53 Billion |
Global Market Growth Rate (2024 to 2034) | 2.3% CAGR |
East Asia Market Value (2034F) | US$ 1.97 Billion |
North America Market Share (2034F) | 24.3% |
Vanilla Ice Cream Mixes Segment Value (2034F) | US$ 1.87 Billion |
United States Market Value (2034F) | US$ 944.9 Million |
Key Companies Profiled | AAK AB; Classic Mix Partners; Dairy-Mix, Inc.; Scott Brothers Dairy Inc.; Bondi Ice Cream Co.; Meadowvale; SiccaDania; Foot Hills Creamery; SmithFoods Inc.; AssieBlends; Triple Scoop Ice Cream; PRIVATMOLKEREI NAARMANN GMBH; Rasa Royal; The Coconut Company; SAPUTO FOODSERVICE; Anderson Erickson Dairy; Radiant International; Skyline Food Products LLP; Amrut International; Meadowvale; The Ice Cream Club. |
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Which Tactics are Escalating the Profits of Suppliers?
“Escalating Consumption of Ice Creams of Several Flavors”
Globally, there seems to be no slowdown in the demand for ice cream mix goods as more people choose ice cream components that provide their dessert texture and ethnic taste. Mango salsa, churro dulce de leche, and mango chili are just a few of the Mexican-inspired flavors that are becoming increasingly popular among customers on commercial ice cream menus. South Asian-inspired ice cream flavors are very common in the foodservice industry. Examples include the chai-flavored ice cream from Ample Hills Creamery and the Ohio-based Jeni's Mango Lassi Frozen Yogurt.
Coolhaus ice creams from California have introduced matcha and Thai tea flavors. Noona's Toasted Rice ice cream from New York drew inspiration from noo-roong, a traditional Korean treat made from the crispy rice crust that is prepared at the bottom of a pan of cooked rice.
“Growing Demand for Quick to Prepare Food among Masses”
Worldwide consumer preference for simple-to-process food and dessert components is driving up demand for ice cream mix ingredients. Lifestyle shifts are leading to a surge in the consumption of quick-to-prepare food, such as ice cream, which used to be a family treat on special occasions and is now popular with adults as a dessert and snack.
The millennial generation is having a significant impact on the rise in popularity of baked and fast food items. Over time, several classes of food ingredients are impacted by the exciting and novel cuisine trends they consistently introduce. For example, the use of clean-label components in food product preparation is gaining popularity and is affecting consumers' purchasing decisions. Suppliers of ice cream mixes are seeing an increase in revenues as millennial consumption rises, leading to increasing ice cream mixes market size.
“Suppliers Bringing Floral and Botanical Tastes to Entice More Customers”
Leading producers are incorporating floral and botanical tastes into their ice cream concoctions regularly. Worldwide, commercial ice cream menus are beginning to feature lavender, violet, and lilac tastes. These flavors have a moderate taste and a variety of eye-catching purple tints, from light to spectacular.
Manufacturers and foodservice operators are adding tastes and ingredients inspired by nature and health to their product offerings. The Sage Chocolate Chip flavor offered by Hay Rosie Craft ice cream Company in New York and the Blueberry-ginger-sage sorbet from Loud Creamery in Boston are two examples of their offerings.
“Increasing Consumer Preference for Clean Label Products Multiplying Sales”
Food components and foods with potential health benefits are consumed more often because of consumers' growing health consciousness. Individuals are becoming more conscious and meticulous about their diets these days, which is leading to a rise in the cost of a comprehensive strategy for wellness and health that touches almost every element of life.
Consumers are increasingly interested in healthy physical activities and consuming natural, label-friendly, and organic items. The global market for clean-label ice cream mixes is expanding due to customers' rising awareness of their health and well-being. The market for clean-label ice cream mixes is expanding due to the increasing number of affluent customers interested in the healthy food trend and prefer not to use artificial ingredients.
What is Putting a Halt on Sales of Ice Cream Mixes in the End Market?
“Climate Limitations Becoming a Challenge in the Path of Suppliers”
Ice cream mixtures are prepared using a variety of basic ingredients that are taken from plant and animal sources. Several plant-based raw materials are not produced easily globally due to climate limitations. For instance, coconut is the raw ingredient used in ice cream containing coconut as a key ingredient. Owing to the unfavorable environment, the fruit is not produced worldwide; instead, it is shipped from countries in Asia Pacific and Latin America, where coconuts are abundant.
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Country-wise Analysis
Ice cream is something liked by all age groups and genders globally, thereby, the demand for ice cream mixes is increasing in several countries including the United States, China, Mexico, and Canada. The United States market is projected to capture a noteworthy share of North American ice cream mixes market share.
What is Bringing New Sales Opportunities to the United States?
“Festivals Including Thanksgiving and Halloween Rising Sales of Ice Creams”
Attribute | United States |
---|---|
Market Value (2024E) | US$ 722.4 Million |
Growth Rate (2024 to 2034) | 2.7% CAGR |
Projected Value (2034F) | US$ 944.9 Million |
New ice cream sales opportunities in the United States are attributed to several factors. Firstly, festivals including Thanksgiving and Halloween are significantly boosting the sales of ice creams. During these festive seasons, there is a higher demand for ice creams as they are popular treats enjoyed by people of all ages.
Additionally, the diverse cultural mix in the United States contributes to a wide range of ice cream preferences, leading to creating prospects for manufacturers catering to different tastes and preferences. Moreover, the growing trend of unique and artisanal ice cream flavors is attracting more consumers, creating an environment ripe for sales expansion in the ice cream market.
How Opportune is China for Ice Cream Mix Manufacturers?
“Vast Population Leading to Higher Requirement for Different Tastes and Preferences of Ice Creams”
Attribute | China |
---|---|
Market Value (2024E) | US$ 744 Million |
Growth Rate (2024 to 2034) | 2.3% CAGR |
Projected Value (2034F) | US$ 935.6 Million |
In China, the surge in ice cream sales is attributed to the vast population and the resulting higher requirement for different tastes and preferences of ice creams. With a large and diverse consumer base, the demand for ice creams showcasing unique flavors and varieties is on the rise, presenting suppliers with abundant sales prospects. As consumer preferences continue to evolve, suppliers in China are presented with lucrative opportunities to innovate and cater to the ever-changing landscape of ice cream consumption.
Category-wise Insights
The market is segmented into several categories to cover customers of all tastes and preferences. These categories help suppliers to make sure their revenue is reaching new heights.
Which Ice Cream Flavor is Significantly Liked by Customers in the Market?
“Growing Consumption of Strawberry Flavor as a Desirable Ice Cream Mix”
Attribute | Strawberry |
---|---|
Segment Value (2024E) | US$ 1.51 Billion |
Growth Rate (2024 to 2034) | 2.4% CAGR |
Projected Value (2034F) | US$ 1.91 Billion |
Customers in the market significantly favor strawberry flavor when it comes to ice cream. The sweet and fruity taste of strawberries appeals to a wide range of consumers, making it a desirable choice among several flavors. Whether enjoyed on its own or as part of a combination, the refreshing and indulgent nature of strawberries continues to captivate ice cream enthusiasts, making it a popular preference in the market.
What Types of Mixes are Majorly Preferred by Consumers of Ice Creams?
“Hard Pack Ice Cream Mixes Significantly Chosen by More Consumers”
Attribute | Hard Pack Ice Creams |
---|---|
Segment Value (2024E) | US$ 3.71 Billion |
Growth Rate (2024 to 2034) | 2.4% CAGR |
Projected Value (2034F) | US$ 4.71 Billion |
End consumers of ice cream majorly prefer hard pack ice cream mixes. This type of mix is significantly chosen due to its ability to retain its shape and density, providing a more substantial and creamy texture to the ice cream. The firmness of hard pack ice cream appeals to consumers as it allows for easy scooping and serving, enhancing the overall experience of enjoying ice cream at home or in several food service establishments. Its versatility and resilience make hard pack ice cream mixes a top choice among ice cream manufacturers.
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Competitive landscape highlights only certain players
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Market Rivalry
Key players in the ice cream mixes market are focusing on bringing new products to attract more customers, some of these products include dark chocolate ice cream and compound chocolate.
- AAK AB and Big Idea Ventures partnered in March 2021 to foster the development of ingredient solutions for non-dairy and non-meat alternatives.
- The fruit preparations division of Japan-based Taiyo Kagaku was successfully bought by AGRANA Beteiligungs-AG in March 2021. The business began producing fruit preparations in an annual volume of more than 60,000 metric tons.
Fact.MR provides detailed information about the price points of key suppliers of the ice cream mixes market positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.
Segmentation of Ice Cream Mixes Market Research
-
By Flavor :
- Vanilla
- Strawberry
- Chocolate
- Mango
- Butterscotch
-
By Type :
- Soft Serve/Gelato
- Hard Pack
-
By Region :
- North America
- Western Europe
- Eastern Europe
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
- FAQs -
How large is the ice cream mixes market in 2024?
The global market for ice cream mixes is valued at US$ 6.79 billion in 2024.
What is the demand outlook for ice cream mixes by 2034?
Worldwide sales of ice cream mixes are forecasted to reach US$ 8.53 billion by 2034.
At what rate are the sales of ice cream mixes evaluated to rise?
The market for ice cream mixes is projected to expand at a CAGR of 2.3% from 2024 to 2034.
What is the contribution of North America to global market revenue?
North America is evaluated to hold a 24.3% share of the global market by 2034.
What is the CAGR for ice cream mix sales in South Korea?
Sales of ice cream mixes in South Korea are analyzed to rise at 3% CAGR through 2034.
How much share of the global market is analyzed to be held by the chocolate flavor segment?
The chocolate flavor segment is approximated to account for 19.7% of global market revenue by 2034.
Who are the leading manufacturers of ice cream mixes?
AAK AB, Classic Mix Partners, and Dairy-Mix, Inc. are some of the key market players.