In 2023, the average household expenditure on ice cream tubs or blocks in the UK was just below the forecasted £12.01 per capita per week expected in 2024. Between 2024 and 2028, a gradual upward trend is expected. Forecasted values indicate a steady increase of approximately 0.8% year-on-year, culminating in a projected expenditure of £12.38 in 2028. Over the five-year period, the compound annual growth rate (CAGR) is anticipated to be around 0.76%.
Future trends to watch for include potential impacts of economic factors like inflation, changes in consumer preferences toward healthier options, and seasonal shifts that could influence ice cream consumption patterns in the UK.
