In 2023, Italy leads the European ice cream market with a turnover share of 13.76 million euros, followed closely by Poland's significant growth, Czech Republic, and Hungary experiencing marginal growth. Several markets like Romania and Austria showed remarkable year-on-year growth, while France, Germany, Belgium, Finland, and Bulgaria saw declines. The CAGR analysis indicates growth in key markets over the past five years, highlighting countries like Romania as fast-growing markets, while traditional large markets such as France experienced sluggish trends.
Future trends to watch include:
- Romania’s sustained rapid growth.
- Recovery potential for declining markets like Finland.
- Innovation in flavors and formats spurring growth in mature markets.
- Increasing influence of health-conscious and sustainable product lines across Europe.
Top countries in Ice Cream Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 13.76 | 2023 | +5.31% | +0.8% | View data |
| 2 | 2 Poland | 12.06 | 2023 | +14.76% | +10.89% | View data |
| 3 | 3 United Kingdom | 10.24 | 2023 | +3.06% | +2.57% | View data |
| 4 | 4 Spain | 10.01 | 2023 | +2.95% | +0.068% | View data |
| 5 | 5 France | 9.69 | 2023 | -1.52% | -2.55% | View data |
| 6 | 6 Romania | 9.52 | 2023 | +26.1% | +47.79% | View data |
| 7 | 7 Germany | 8.37 | 2023 | -5.54% | -3.73% | View data |
| 8 | 8 Belgium | 5.62 | 2023 | +0.22% | -2.18% | View data |
| 9 | 9 Greece | 3.21 | 2023 | -0.34% | +0.061% | View data |
| 10 | 10 Norway | 2.74 | 2023 | +0.27% | -0.71% | View data |