Summary
Another scoop: Regular ice cream sales will drop while novelty ice cream sales expand
Abstract
Ice Cream Production in the US
Shifting consumer tastes have hampered the performance of the Ice Cream Production industry during the current five-year period to 2018. In response to a growing preference for healthier, premium food stuffs, industry operators have introduced new brands or reformulated their existing frozen dessert lines with higher-quality ingredients. Operators have also experimented with new flavor combinations and launched single-serving varieties that appeal to a wider range of health-conscious consumers. Despite stagnant sales during most of the five-year period, falling milk prices in recent years have helped boost profit margins across the industry. Over the five years to 2023, the industry is forecast to decline marginally due to weakening demand for packaged ice cream, the industry’s largest product segment, from increasingly health-conscious consumers as well as by continued declines in the price of milk. Conversely, the development of nutritious frozen treats and innovative flavors will drive demand for premium ice cream brands.
Ice cream producers make ice cream, frozen yogurt, sherbet, frozen tofu and other frozen desserts, except frozen bakery foods, which are included in the Bread Production industry (IBISWorld report 31181). Most raw inputs are sourced from the Dairy Farms industry (11212).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of contents
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
MAJOR COMPANIES
Froneri International Limited
Unilever N V
Wells Enterprises, Inc.
Methodology
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is also carried
out to understand the impact of external factors on the market. Finally, country-level data analysis is
performed to
understand the market dynamics in specific regions and countries.
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market, its trends,
and its future potential.
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