The Europe ice cream market is expected to grow from US$ 27,230.79 million in 2022 to US$ 33,811.08 million by 2028; it is estimated to grow at a CAGR of 3.7% from 2022 to 2028.

Over the past few years, the lifestyles of people have evolved drastically. Changes in consumer food taste and convenience are among the major reasons for the increasing demand for frozen dessert products across the region. Moreover, increasing disposable income and the introduction of various products in the dessert category to cater to the choices of a vast group of consumers are driving the ice cream market. The surge in the consumption of high-quality frozen desserts is one of the biggest trends in the food industry. The growing trend of consuming frozen desserts after a meal as an effective digestive product is boosting the demand for frozen desserts. The development and popularity of these frozen desserts are ascribed to many social changes, such as the growing number of smaller households and the rising millennial population across the region. These factors are significantly increasing the demand for ice creams. The increasing number of several strategic initiatives such as mergers & acquisitions and product launches by various manufacturing companies bolsters the ice cream market in Europe. Also, the product development and the presence of ice creams with various flavors are boosting the growth of the regional market.

Vendors in the ice cream market can attract new customers and expand their footprints in emerging markets by offering products with new features and technologies. This factor is likely to drive the Europe ice cream market at a good CAGR during the forecast period.

Europe Ice Cream Market Revenue and Forecast to 2028 (US$ Million)

Europe Ice Cream Market Segmentation

The Europe ice cream market is segmented on the basis of flavor, category, form, distribution channel, and country. Based on flavor, the market is segmented into vanilla, chocolate, fruit, and others. The chocolate segment dominated the market in 2022 and is expected to register the highest CAGR during forecast period. Based on category, the market is segmented into conventional and sugar free. The conventional segment dominated the market in 2022 and sugar free segment is expected to register the highest CAGR during the forecast period. Based on form, the Europe ice cream market is segmented into cups & tubs, bars & sticks, and others. The cups & tubs segment dominated the market in 2022, and the bars & sticks segment is expected to register the highest CAGR during the forecast period. Based on distribution channel, the Europe ice cream market is segmented into supermarkets and hypermarkets, specialty store, online retail, and others. The supermarkets and hypermarkets segment dominated the market in 2022, and the online retail segment is expected to register the highest CAGR during the forecast period. Based on country, the Europe ice cream market is segmented into Germany, the UK, France, Italy, Russia, and Rest of Europe.

General Mills Inc.; Inspire Brands, Inc.; Lotte Confectionery Co., Ltd.; Mars, Incorporated; Nestlé S.A.; and Unilever are among the leading companies in the Europe ice cream market.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
4. Europe Ice Cream Market Overview
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
5. Europe Ice Cream Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 High Demand for Frozen Desserts
5.1.2 Innovative Flavors and Loaded Indulgence
5.2 Market Restraints
5.2.1 Health Problems Associated with Ice Cream
5.3 Market Opportunities
5.3.1 Rising Popularity of Functional Ice Cream
5.4 Future Trends
5.4.1 Increasing Trend of Consuming Dairy-Free and Vegan Ice Cream
5.5 Impact Analysis of Drivers and Restraints
6. Ice Cream Market – Europe Market Analysis
6.1 Europe Ice Cream Market –Revenue and Forecast to 2028 (US$ Million)
7. Europe Ice Cream Market Analysis – By Flavor
7.1 Overview
7.2 Europe Ice Cream Market, By Flavor (2021 and 2028)
7.3 Vanilla
7.3.1 Overview
7.3.2 Vanilla: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Chocolate
7.4.1 Overview
7.4.2 Chocolate: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Fruit:
7.5.1 Overview
7.5.2 Fruit: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Ice Cream Market– Revenue and Forecast to 2028 (US$ Million)
8. Europe Ice Cream Market Analysis – By Category
8.1 Overview
8.2 Europe Ice Cream Market, By Category (2021 and 2028)
8.3 Conventional
8.3.1 Overview
8.3.2 Conventional: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Sugar Free
8.4.1 Overview
8.4.2 Sugar Free: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Ice Cream Market Analysis – By Form
9.1 Overview
9.2 Europe Ice Cream Market, By Form (2021 and 2028)
9.3 Cups and Tubs
9.3.1 Overview
9.3.2 Cups and Tubs: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Bars and Sticks
9.4.1 Overview
9.4.2 Bars and Sticks: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Ice Cream Market Analysis – By Distribution Channel
10.1 Overview
10.2 Europe Ice Cream Market, By Distribution Channel (2021 and 2028)
10.3 Supermarkets and Hypermarkets
10.3.1 Overview
10.3.2 Supermarkets and Hypermarkets: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Specialty Stores
10.4.1 Overview
10.4.2 Specialty Stores: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Online Retail
10.5.1 Overview
10.5.2 Online Retail: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
11. Europe Ice Cream Market – Country Analysis
11.1 Overview
11.1.1 Europe: Ice Cream Market, by Key Country
11.1.1.1 Germany: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Germany: Ice Cream Market, By Flavor
11.1.1.1.2 Germany: Ice Cream Market, by Category
11.1.1.1.3 Germany: Ice Cream Market, By Form
11.1.1.1.4 Germany: Ice Cream Market, by Distribution Channel
11.1.1.2 UK: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 UK: Ice Cream Market, By Flavor
11.1.1.2.2 UK: Ice Cream Market, by Category
11.1.1.2.3 UK: Ice Cream Market, by Distribution Channel
11.1.1.3 France: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 France: Ice Cream Market, By Flavor
11.1.1.3.2 France: Ice Cream Market, by Category
11.1.1.3.3 France: Ice Cream Market, By Form
11.1.1.3.4 France: Ice Cream Market, by Distribution Channel
11.1.1.4 Italy: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Italy: Ice Cream Market, By Flavor
11.1.1.4.2 Italy: Ice Cream Market, by Category
11.1.1.4.3 Italy: Ice Cream Market, By Form
11.1.1.4.4 Italy: Ice Cream Market, by Distribution Channel
11.1.1.5 Russia: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.5.1 Russia: Ice Cream Market, By Flavor
11.1.1.5.2 Russia: Ice Cream Market, by Category
11.1.1.5.3 Russia: Ice Cream Market, By Form
11.1.1.5.4 Russia: Ice Cream Market, by Distribution Channel
11.1.1.6 Rest of Europe: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.6.1 Rest of Europe: Ice Cream Market, By Flavor
11.1.1.6.2 Rest of Europe: Ice Cream Market, by Category
11.1.1.6.3 Rest of Europe: Ice Cream Market, By Form
11.1.1.6.4 Rest of Europe: Ice Cream Market, by Distribution Channel
12. Company Profiles
12.1 Unilever
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Nestlé S.A.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 General Mills Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Mars, Incorporated
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Lotte Confectionery Co., Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Inspire Brands, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index

LIST OF TABLES

Table 1.             Europe Ice Cream Market –Revenue and Forecast to 2028 (US$ Million)
Table 2.             Germany Ice Cream Market, By Flavor – Revenue and Forecast to 2028 (US$ Million)
Table 3.             Germany Ice Cream Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 4.             Germany Ice Cream Market, By Form – Revenue and Forecast to 2028 (US$ Million)
Table 5.             Germany Ice Cream Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 6.             UK Ice Cream Market, By Flavor – Revenue and Forecast to 2028 (US$ Million)
Table 7.             UK Ice Cream Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 8.             UK Ice Cream Market, By Form – Revenue and Forecast to 2028 (US$ Million)
Table 9.             UK Ice Cream Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 10.          France Ice Cream Market, By Flavor – Revenue and Forecast to 2028 (US$ Million)
Table 11.          France Ice Cream Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 12.          France Ice Cream Market, By Form – Revenue and Forecast to 2028 (US$ Million)
Table 13.          France Ice Cream Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 14.          Italy Ice Cream Market, By Flavor – Revenue and Forecast to 2028 (US$ Million)
Table 15.          Italy Ice Cream Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 16.          Italy Ice Cream Market, By Form – Revenue and Forecast to 2028 (US$ Million)
Table 17.          Italy Ice Cream Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 18.          Russia Ice Cream Market, By Flavor – Revenue and Forecast to 2028 (US$ Million)
Table 19.          Russia Ice Cream Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 20.          Russia Ice Cream Market, By Form – Revenue and Forecast to 2028 (US$ Million)
Table 21.          Russia Ice Cream Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 22.          Rest of Europe Ice Cream Market, By Flavor – Revenue and Forecast to 2028 (US$ Million)
Table 23.          Rest of Europe Ice Cream Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 24.          Rest of Europe Ice Cream Market, By Form – Revenue and Forecast to 2028 (US$ Million)
Table 25.          Rest of Europe Ice Cream Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 26.          List of Abbreviation
 
 

LIST OF FIGURES

Figure 1.           Europe Ice Cream Market Segmentation
Figure 2.           Europe Ice Cream Market Segmentation – By Country
Figure 3.           Europe Ice Cream Market Overview
Figure 4.           Europe Ice Cream Market: By Flavor
Figure 5.           Europe Ice Cream Market: By Country
Figure 6.           Porter’s Five Forces Analysis: Ice Cream Market
Figure 7.           Expert Opinion
Figure 8.           Europe Ice Cream Market Impact Analysis of Drivers and Restraints
Figure 9.           Europe: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10.        Europe Ice Cream Market Revenue Share, By Flavor (2021 and 2028)
Figure 11.        Europe Vanilla: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 12.        Europe Chocolate: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13.        Europe Fruit: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14.        Europe Others: Ice Cream Market– Revenue and Forecast To 2028 (US$ Million)
Figure 15.        Europe Ice Cream Market Revenue Share, By Category (2021 and 2028)
Figure 16.        Europe Conventional: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17.        Europe Sugar Free: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18.        Europe Ice Cream Market Revenue Share, By Form (2021 and 2028)
Figure 19.        Europe Cups and Tubs: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20.        Europe Bars and Sticks: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21.        Europe Others: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22.        Europe Ice Cream Market Revenue Share, By Distribution Channel (2021 and 2028)
Figure 23.        Europe Supermarkets and Hypermarkets: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24.        Europe Specialty Stores: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25.        Europe Online Retail: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 26.        Europe Others: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 27.        Europe Ice Cream Market, by Key Country – Revenue (2021) (US$ Million)
Figure 28.        Europe: Ice Cream Market Revenue Share, by Key Country (2021 and 2028)
Figure 29.        Germany: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30.        UK: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31.        France: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32.        Italy: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33.        Russia: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34.        Rest of Europe: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe ice cream market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the Europe ice cream market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the ice cream market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

The List of Companies – Europe Ice Cream Market

● General Mills Inc.
● Inspire Brands, Inc.
● Lotte Confectionery Co., Ltd.
● Mars, Incorporated
● Nestlé S.A.
● Unilever

At 3.7% CAGR, the Europe Ice Cream Market is speculated to be worth US$ 33,811.08 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the Europe ice cream market was valued at US$ 27,230.79 million in 2022 and is expected to reach US$ 33,811.08 million by 2028, registering an annual growth rate of 3.7% from 2022 to 2028. Innovative flavors and loaded indulgence and high demand for frozen desserts are the critical factors attributed to the market expansion.

Ice cream manufacturers are developing products with nutritional components, organic herbal fillings, and exotic flavors in product formulation to acquire a competitive advantage and appeal to more consumers. Manufacturers are introducing new exotic flavors such as coconut, lemon, and tropical fruits to adapt to shifting consumers’ tastes. Additionally, consumers concerned about their health favor Skinny Cow, a low-calorie and low-fat ice cream brand. As a result, their consumer base is increasing. Additionally, the favorable regulations support the market innovations that were examined. Ice cream manufacturers are investing significantly in product innovation to expand their customer base and meet emerging consumer trends. Many brands and companies are launching innovative limited edition and seasonal flavors for frozen desserts in collaboration with other small players, which is gaining traction among consumers. Therefore, catering premium products with innovative flavors and loaded indulgences to consumers are driving the growth of ice cream market.

On the contrary, health problems associated with ice cream hurdles the growth of Europe ice cream market.

Based on flavor, the Europe ice cream market is segmented into vanilla, chocolate, fruit, and others. The chocolate segment held 33.1% market share in 2022, amassing US$ 9,013.07 million. It is projected to garner US$ 10,944.85 million by 2028 to expand at 3.3% CAGR during 2022–2028.

Based on category, the Europe ice cream market is segmented into conventional and sugar free. The conventional segment held 93.8% market share in 2022, amassing US$ 25,555.51 million. It is projected to garner US$ 31,681.12 million by 2028 to expand at 3.6% CAGR during 2022–2028.

Based on form, the Europe ice cream market is segmented into cups & tubs, bars & sticks, and others. The cups & tubs segment held 55.5% market share in 2022, amassing US$ 15,109.81 million. It is projected to garner US$ 18,578.37 million by 2028 to expand at 3.5% CAGR during 2022–2028.

Based on distribution channel, the Europe ice cream market is segmented into supermarkets and hypermarkets, specialty store, online retail, and others. The supermarkets and hypermarkets segment held 63.9% market share in 2022, amassing US$ 17,391.45 million. It is projected to garner US$ 21,401.19 million by 2028 to expand at 3.5% CAGR during 2022–2028.

Based on country, the Europe ice cream market is segmented into Germany, UK, France, Italy, Russia, and Rest of Europe. Our regional analysis states that rest of Europe captured 38.1% market share in 2022. It was assessed at US$ 10,364.11 million in 2022 and is likely to hit US$ 12,412.21 million by 2028, exhibiting a CAGR of 3.1% during the forecast period.

Key players dominating the Europe ice cream hmarket are General Mills Inc.; Inspire Brands, Inc.; Lotte Confectionery Co., Ltd.; Mars, Incorporated; Nestlé S.A.; and Unilever among others.