The European ice cream market displays diverse dynamics across countries. In 2023, Italy led with a market value share of 21.93 billion euros, followed closely by France at 21.03 billion euros. Spain was third with 17.02 billion euros. Poland and the Netherlands reported modest growth rates of 2.47% and 0.5%, respectively. Notable increases were observed in Belgium at 3.87% and Latvia at 6.19%. However, Italy and Finland experienced declines of 2.55% and 1.05%, respectively. Over the last five years, Latvia and Slovakia showed the strongest growth trends.
Future trends in the European ice cream market may involve:
- Innovation in flavors and products catering to health-conscious consumers.
- Increased demand for eco-friendly packaging amid sustainability concerns.
- Market growth driven by premium and artisanal ice cream segments.
- Potential growth in emerging markets such as Eastern Europe due to rising disposable incomes.
Top countries in Ice Cream Market Size Value Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 21.93 | 2023 | +0.41% | -2.55% | View data |
| 2 | 2 France | 21.03 | 2023 | +0.38% | +0.31% | View data |
| 3 | 3 Spain | 17.02 | 2023 | +0.16% | +1.11% | View data |
| 4 | 4 Poland | 7.14 | 2023 | +2.04% | +2.47% | View data |
| 5 | 5 Netherlands | 5.03 | 2023 | +3.31% | +0.5% | View data |
| 6 | 6 Belgium | 3.85 | 2023 | +2.94% | +3.87% | View data |
| 7 | 7 Romania | 3.44 | 2023 | +4.96% | +1.22% | View data |
| 8 | 8 Finland | 3.43 | 2023 | -0.38% | -1.05% | View data |
| 9 | 9 Greece | 2.97 | 2023 | -1.96% | -1.65% | View data |
| 10 | 10 Denmark | 2.86 | 2023 | +0.48% | -0.9% | View data |
