Opportunities Preloader

Please Wait.....

Report

North America Ice Cream - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2017 - 2029

Market Report I 2024-02-17 I 174 Pages I Mordor Intelligence

The North America Ice Cream Market size is estimated at USD 23.18 billion in 2024, and is expected to reach USD 26.52 billion by 2029, growing at a CAGR of 2.73% during the forecast period (2024-2029).

Increasing demand for live shopping experience among consumers is boosting the retailing business


- The distribution channel of the North American region is bifurcated into on-trade and off-trade retailing chambers. The off-trade segment witnessed a growth of 2.4% in 2022 compared with the previous year, 2021. The growth in off-trade channels is related to the shopping facility that it provides to its consumers. The supermarket and hypermarkets provide ice cream at different prices, which range from USD 4.84 and go up to more than USD 140. The easy availability of ice creams at different prices also surges the buying power of consumers. In addition to this, seeking the rising demand for ice cream and convenient shopping options among consumers, the off-trade retailing segment's retail value of the distribution channel sector is estimated to grow by 4.01% in 2025.
- After the COVID-19 outbreak, consumers have started preferring out-home consumption. As a result of this, the demand for the food chains segment and food service retailers increased by 2.4% in 2022. Some of the famous ice cream food service chains in the North American region are Baskin-Robbins, Ben and Jerry, etc. These retailers provide ice cream in different flavors, including chocolate, vanilla, and strawberry, among others.
- In North America, online retailing sectors also witnessed growth in their retail value by 2.56% in 2022. These online retailers offer a wide range of products with varied ingredients, brands, flavors, etc. Online retailers are captivating the focus of consumers towards e-commerce shopping by offering them a variety of offers. Seeking quick buying options for ice cream, the consumption value of ice cream increased by 5.48% when compared to the preceding year, 2020.

Strong availability of various flavors coupled with well penetrated retail channels market market to grow


- The ice cream industry in the North American region witnessed a growth of 2.40% in 2022 compared to 2021. It is anticipated to grow with the rising availability of a variety of flavors in this segment. In order to captivate the focus of consumers, manufacturers are selling ice cream in different formats, including low-fat and fat-free ice creams. This has led to an increased interest in ice cream products as people seek to maintain a healthy diet. Seeking the demand for ice cream products, the ice cream industry is expected to grow by 3.2% in 2024.
- In the North American region, the United States is dominating the ice cream industry. In 2022, the US held a share of 70.08%. In January 2023, there were 150,174 convenience stores operating in the United States, which was a rise of 1.5% from the 2022 store count. This helps consumers purchase ice cream products.
- Canada held a share of 18.85%. Texas has the most convenience stores, with 16,018 stores, which is followed by California, with 12,000 stores. Some of the famous stores in the North American region are Walmart, Amazon, Kroger, and Target, among others. These stores offer a wide variety of ice cream products in the market.
- Mexico held a share of 51.02%. In 2020, there were 33 supermarket chains, with 3,227 stores, 2,365 department stores, and 53,793 specialized stores throughout the country. Around 50% of the retail market is covered by informal establishments, such as mobile street vendors and open public markets. Ice cream products are also available at varied prices (low, medium, and high). The base selling price of packaged milk is USD 1.72, which goes as high as USD 50.5. The availability of these products at various price ranges promotes buying power among the population.


North America Ice Cream Market Trends



The availability of various flavors of ice cream products is one of the factors driving consumption in North America


- The ice cream segment is gaining significant popularity among consumers in the North American region, primarily due to the availability of a wide range of flavors. Popular flavors include chocolate, cookies and cream, vanilla, and strawberry. The vanilla flavor is preferred by 36.87% of consumers, while chocolate is preferred by 25.42% of the population. In 2022, the segment witnessed a growth of 7.6% compared to 2021. On average, an American consumes approximately 10 kg of ice cream and related frozen desserts per year. Regular ice cream is the most popular category of frozen desserts.
- The total milk solids component of ice cream includes both fat and other solids. These milk solids include the protein and lactose levels in milk and range from 9% to 12% in ice cream. This has resulted in a rise in per capita consumption over the years, which increased by 2.21% from 2020 to 2023. In Mexico, the forecast for milk production in 2023 is 13.42 million metric tons (MMT), a growth of 2% from 2022, as producers continue to thrive despite both high domestic inflation and feed prices.
- In North America, ice creams are available at a price ranging from USD 4.97 to more than USD 87.2. In Mexico, the average price for fluid milk paid on the farm was MXN 7.80 (USD 0.39) per liter as of June 2022. This price reflects a 1.3% increase compared to the previous month and a 12.6% increase compared to June 2021. The wholesale price of milk in Mexico was MXN 17.64 (USD 0.88) per liter, representing a 1.6% increase compared to May 2021 and a 14.5% increase compared to the previous year. The average price paid by consumers is currently MXN 22.02 (USD 1.1) per liter, showing a 0.22% increase compared to May 2022 and a 9.6% increase compared to June 2021.


North America Ice Cream Industry Overview

The North America Ice Cream Market is fragmented, with the top five companies occupying 32.72%. The major players in this market are Blue Bell Creameries LP, Froneri International Limited, Tillamook CCA, Unilever PLC and Wells Enterprises Inc. (sorted alphabetically).

Additional Benefits:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

1 EXECUTIVE SUMMARY & KEY FINDINGS

2 REPORT OFFERS

3 INTRODUCTION
3.1 Study Assumptions & Market Definition
3.2 Scope of the Study?
3.3 Research Methodology

4 KEY INDUSTRY TRENDS
4.1 Per Capita Consumption
4.2 Raw Material/Commodity Production
4.2.1 Milk
4.3 Regulatory Framework
4.3.1 Canada
4.3.2 Mexico
4.3.3 United States
4.4 Value Chain & Distribution Channel Analysis

5 MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
5.1 Distribution Channel
5.1.1 Off-Trade
5.1.1.1 By Sub Distribution Channels
5.1.1.1.1 Convenience Stores
5.1.1.1.2 Online Retail
5.1.1.1.3 Specialist Retailers
5.1.1.1.4 Supermarkets and Hypermarkets
5.1.1.1.5 Others (Warehouse clubs, gas stations, etc.)
5.1.2 On-Trade
5.2 Country
5.2.1 Canada
5.2.2 Mexico
5.2.3 United States
5.2.4 Rest of North America

6 COMPETITIVE LANDSCAPE
6.1 Key Strategic Moves
6.2 Market Share Analysis
6.3 Company Landscape
6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
6.4.1 Agropur Dairy Cooperative
6.4.2 Arla Foods amba
6.4.3 Blue Bell Creameries LP
6.4.4 Chapman's
6.4.5 Froneri International Limited
6.4.6 Prairie Farms Dairy Inc.
6.4.7 Tillamook CCA
6.4.8 Turkey Hill Dairy
6.4.9 Unilever PLC
6.4.10 Wells Enterprises Inc.
6.4.11 Yasso Inc.

7 KEY STRATEGIC QUESTIONS FOR DAIRY AND DAIRY ALTERNATIVE CEOS

8 APPENDIX
8.1 Global Overview
8.1.1 Overview
8.1.2 Porter's Five Forces Framework
8.1.3 Global Value Chain Analysis
8.1.4 Market Dynamics (DROs)
8.2 Sources & References
8.3 List of Tables & Figures
8.4 Primary Insights
8.5 Data Pack
8.6 Glossary of Terms

  • Not Sure / Need Reassuring
    • Confirm Content
      • Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:

        Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.

        Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.

        Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.

    • Sample Pages
      • With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.

        It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.

        To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Check for Alternatives
      • Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.

        To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.

  • Prices / Formats / Delivery
    • Prices
      • All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.

        Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Discounts
      • As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.

        Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.

        To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Available Currencies
      • Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.

        Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.

        To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.

    • Licenses
      • License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.

        If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.

    • Global Site License
      • The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.

        It is important to note that this may exclude Parent Companies or Subsidiaries.

        If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.

    • Formats
      • The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.

        If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.

    • Delivery
      • Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.

        Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.

        If a delay in delivery is expected you will be informed about it immediately.

    • Shipping Charges
      • As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.

        If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.

  • Ordering
    • By Credit Card
      • We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.

        Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.

        For more information on PayU please visit: https://www.payu.pl/en/about-us

    • By Money Transfer
      • If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.

        With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.

  • Security
    • Website security
      • We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.

        Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.

    • Credit Card Security
      • We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.

        PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.

PLEASE SELECT LICENSE
  • $4750.00
  • $5250.00
  • $6500.00
  • $8750.00
  • ADD TO BASKET
  • BUY NOW