Ice cream turnover in Spain stood at 822.3 million Euros in 2023. The period from 2013 to 2023 demonstrates a fluctuating yet upward trend, marked by significant growth in the mid-2010s, a dip in 2020 attributed to external factors, and a subsequent recovery. Despite recent growth, the compound annual growth rate (CAGR) from 2018 to 2023 has been moderate at 0.068%. Year-on-year growth in 2022 and 2023 was 4.71% and 2.95% respectively.

Future trends to watch for:

Stagnation in turnover growth, with a forecasted slight decline till 2028 (forecast 5-year CAGR: -0.08%).
Potential market saturation and evolving consumer preferences impacting demand.
Emerging health and environmental consciousness influencing product offerings and marketing strategies.