The Ice Cream market turnover in Germany experienced significant fluctuations from 2013 to 2023. Initially increasing slightly from 2013 to 2014, the turnover saw a sharp decline in subsequent years, with notable drops in 2015, 2016, and a dramatic fall in 2018. The downward trend continued, albeit less drastically, reaching a value of €0.6875 Billion in 2023. Over the last two years, the market shrank by -5.3% and -5.54% year-on-year, averaging a CAGR of -3.73% over the past five years.
Forecasts suggest the ice cream turnover will continue to decline until 2028, with an average annual decrease of -5.36%, resulting in a cumulative drop of -24.06% over the forthcoming five-year period.
Future trends to watch for include:
- Increasing health consciousness could drive demand for healthier, lower-calorie ice cream alternatives.
- Technological advances in production and flavor innovation.
- Potential shifts in consumer behavior due to environmental concerns and sustainability practices.
- Impact of economic policy changes on disposable incomes affecting luxury food items like ice cream.
