The North America ice cream market is expected to grow from US$ 29,123.72 million in 2022 to US$ 36,434.78 million by 2028; it is estimated to grow at a CAGR of 3.8% from 2022 to 2028.

Ice cream manufacturers are developing products with nutritional components, organic herbal fillings, and exotic flavors to acquire a competitive advantage and attract consumers. Manufacturers are introducing ice creams of new exotic flavors, including coconut, lemon, and tropical fruits, to adapt to shifting consumers’ tastes. Additionally, manufacturers such as Skinny Cow are offering low-calorie and low-fat ice creams for health-conscious consumers. As a result, their consumer base is increasing. Also, 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, introduction of ice creams with innovative flavors are driving the growth of ice cream market.

Vendors in the North America 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 market at a good CAGR during the forecast period.

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

North America Ice Cream Market Segmentation

The North America 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 the forecast period. Based on category, the market is bifurcated into conventional and sugar free. The conventional segment dominated the market in 2022, whereas the sugar free segment is expected to register a higher CAGR during the forecast period. Based on form, the North America ice cream market is segmented into cups & tubs, bars & sticks, and others. The cups & tubs segment dominated the market in 2022. However, the bars & sticks segment is expected to register the highest CAGR during the forecast period. Based on distribution channel, the market is segmented into supermarkets and hypermarkets, specialty store, online retail, and others. The supermarkets and hypermarkets segment dominated the market in 2022, whereas the online retail segment is expected to register the highest CAGR during the forecast period. Based on country, the North America ice cream market is segmented into the US, Canada, and Mexico.

Blue Bell Creameries; Dairy Farmers of America, Inc.; General Mills Inc.; Inspire Brands, Inc.; Lotte Confectionery Co., Ltd.; Mars, Incorporated; Nestlé S.A.; Turkey Hill Dairy; Unilever; and Wells Enterprises are among the leading companies in the North America 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. North America 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. North America 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 – North America Market Analysis
6.1 North America Ice Cream Market –Revenue and Forecast to 2028 (US$ Million)
7. North America Ice Cream Market Analysis – By Flavor
7.1 Overview
7.2 North America 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. North America Ice Cream Market Analysis – By Category
8.1 Overview
8.2 North America 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. North America Ice Cream Market Analysis – By Form
9.1 Overview
9.2 North America 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. North America Ice Cream Market Analysis – By Distribution Channel
10.1 Overview
10.2 North America 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. North America Ice Cream Market – Country Analysis
11.1 Overview
11.1.1 North America: Ice Cream Market, by Key Country
11.1.1.1 US: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 US: Ice Cream Market, By Flavor
11.1.1.1.2 US: Ice Cream Market, by Category
11.1.1.1.3 US: Ice Cream Market, by Form
11.1.1.1.4 US: Ice Cream Market, by Distribution Channel
11.1.1.2 Canada: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Canada: Ice Cream Market, By Flavor
11.1.1.2.2 Canada: Ice Cream Market, by Category
11.1.1.2.3 Canada: Ice Cream Market, By Form
11.1.1.2.4 Canada: Ice Cream Market, by Distribution Channel
11.1.1.3 Mexico: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 Mexico: Ice Cream Market, By Flavor
11.1.1.3.2 Mexico: Ice Cream Market, by Category
11.1.1.3.3 Mexico: Ice Cream Market, By Form
11.1.1.3.4 Mexico: Ice Cream Market, by Distribution Channel
12. Industry Landscape
12.1 Overview
12.2 Business Planning and Strategy
12.3 Expansion & Collaboration
12.4 Product News
13. Company Profiles
13.1 Blue Bell Creameries
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Unilever
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Nestlé S.A.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 General Mills Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Mars, Incorporated
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Lotte Confectionery Co., Ltd.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Wells Enterprises
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Inspire Brands, Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Turkey Hill Dairy
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Dairy Farmers of America, Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index

LIST OF TABLES

Table 1.             North America Ice Cream Market –Revenue and Forecast to 2028 (US$ Million)
Table 2.             US Ice Cream Market, Flavor – Revenue and Forecast to 2028 (US$ Million)
Table 3.             US Ice Cream Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 4.             US Ice Cream Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 5.             US Ice Cream Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 6.             Canada Ice Cream Market, By Flavor – Revenue and Forecast to 2028 (US$ Million)
Table 7.             Canada Ice Cream Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 8.             Canada Ice Cream Market, Form – Revenue and Forecast to 2028 (US$ Million)
Table 9.             Canada Ice Cream Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 10.          Mexico Ice Cream Market, By Flavor – Revenue and Forecast to 2028 (US$ Million)
Table 11.          Mexico Ice Cream Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 12.          Mexico Ice Cream Market, Form – Revenue and Forecast to 2028 (US$ Million)
Table 13.          Mexico Ice Cream Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 14.          List of Abbreviation
 
 

LIST OF FIGURES

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

● Blue Bell Creameries
● Dairy Farmers of America, Inc.
● General Mills Inc.
● Inspire Brands, Inc.
● Lotte Confectionery Co., Ltd.
● Mars, Incorporated
● Nestlé S.A.
● Turkey Hill Dairy
● Unilever
● Wells Enterprises

At 3.8% CAGR, the North America Ice Cream Market is speculated to be worth US$ 36,434.78 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the North America ice cream market was valued at US$ 29,123.72 million in 2022 and is expected to reach US$ 36,434.78 million by 2028, registering an annual growth rate of 3.8% from 2022 to 2028. High demand for frozen desserts and innovative flavors and loaded indulgence are the critical factors attributed to the market expansion.

Over the past few years, the lifestyles of people have evolved drastically. Changes in consumer food taste and convenience are 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 consumers’ demand for frozen desserts, such as ice cream. The increasing number of product launches in the frozen dessert segment, such as custard, yogurt, gelato, granita, ice cream, and sherbet, are driving the ice cream market. Further, several initiatives such as mergers & acquisitions and product launches by various manufacturing companies are contributing to the increasing demand for frozen desserts. The product development, a high level of disposable income, and the presence of various frozen dessert flavors are boosting the growth of ice cream market across the region.

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

Based on flavor, the North America ice cream market is segmented into vanilla, chocolate, fruit, and others. The chocolate segment held 31.4% market share in 2022, amassing US$ 9,150.09 million. It is projected to garner US$ 11,726.11 million by 2028 to expand at 4.2% CAGR during 2022–2028.

Based on category, the North America ice cream market is segmented into conventional and sugar free. The conventional segment held 90.2% market share in 2022, amassing US$ 26,274.41 million. It is projected to garner US$ 32,810.04 million by 2028 to expand at 3.8% CAGR during 2022–2028.

Based on form, the North America ice cream market is segmented into cups & tubs, bars & sticks, and others. The cups & tubs segment held 57.5% market share in 2022, amassing US$ 16,740.69 million. It is projected to garner US$ 20,619.81 million by 2028 to expand at 3.5% CAGR during 2022–2028.

Based on distribution channel, the North America ice cream market is segmented into supermarkets and hypermarkets, specialty store, online retail, and others. The supermarkets and hypermarkets segment held 59.7% market share in 2022, amassing US$ 17,387.30 million. It is projected to garner US$ 21,559.40 million by 2028 to expand at 3.6% CAGR during 2022–2028.

Based on country, the North America ice cream market is segmented into the US, Canada, and Mexico. Our regional analysis states that the US captured 72.6% market share in 2022. It was assessed at US$ 21,135.39 million in 2022 and is likely to hit US$ 26,240.25 million by 2028, exhibiting a CAGR of 3.7% during the forecast period.

Key players dominating the North America ice cream hmarket are Blue Bell Creameries; Dairy Farmers of America, Inc.; General Mills Inc.; Inspire Brands, Inc.; Lotte Confectionery Co., Ltd.; Mars, Incorporated; Nestlé S.A.; Turkey Hill Dairy; Unilever; and Wells Enterprises among others.

In Jun 2022, New Strawberry Lemonade Ice Cream from Blue Bell. In Mar 2022, Turkey Hill Introduces All-New Dipped Duos Premium Ice Cream Bars.