Ice cream Market Size, Key Companies, Trends, Growth and Regional Forecasts Research 2027
The global ice cream market size is anticipated to showcase eminent growth owing to the constant product
innovation from major players, observes Fortune Business Insights™ in its report, titled, “Ice Cream
Market Size, Share & COVID-19 Impact Analysis, By Type (Impulse Ice cream and Take Home),
Flavor (Vanilla, Chocolate, Fruit, and Others), Packaging (Cup, Cone, Stick, Brick, Tub, and
Others), Distribution Channel (Hypermarket/Supermarket, Ice cream Parlor, Online Retailer, and
Others), and Regional Forecast, 2020-2027.” The market size reached USD 70.85 billion in 2019 and is
anticipated to reach USD 91.90 billion by 2027, exhibiting a CAGR of 4.01% during the forecast period.
Traveling Restrictions to Have Adverse Impact on Businesses amid COVID-19
The COVID-19 pandemic has had a drastic impact on the global economy. Nationwide lockdowns and
traveling restrictions have disrupted the global supply chain, negatively impacting businesses across the
globe. Countries across the world are constantly working on addressing the challenges that have arisen
during the crisis. At Fortune Business Insights, we are constantly analyzing these challenges in order to
provide feasible solutions.
Highlights of the Report:
While making the report, we segmented the market on the basis of product, type, consumption, distribution
channel, and region. Based on the segmentation, we made a list of companies and conducted a detailed
analysis of their financial positions, product portfolios, and growth strategies. Our next step included the
study of core competencies of key players and their market share to anticipate the degree of competition.
The bottom-up procedure was conducted to arrive at the overall size of the market.
Drivers & Restraints-
Increasing Use of Functional Ingredients in Products to Drive Growth
Prominent enterprises are expanding their resources in research and development activities to offer options