The Ice Cream and Frozen Dessert Manufacturing Industry in the US projects a steady growth in gross output from 2024 to 2028, increasing from $7.79 billion to $7.88 billion. The year-on-year growth rates are approximately 0.26% from 2024 to 2028, reflecting a stable industry outlook post-2023. In 2023, the industry's gross output was around $7.77 billion, indicating a maintained upward trajectory. The Compound Annual Growth Rate (CAGR) over the 5-year period is slight, emphasizing consistency in the industry.

Trends to watch include:

Innovation in flavor offerings and healthier alternatives driving consumer interest.
The impact of climate change on dairy production costs and ingredient sourcing.
Expansion of plant-based frozen desserts as a growing market segment.
Adoption of e-commerce and direct-to-consumer channels in product distribution.