Artisanal ice cream is big business with substantial growth expected over the coming years. Explore the global market’s sweet success story about handcrafted, healthy delights.
THE SCOOP; Ice cream, once a humble summer treat, has turned into a billion-dollar industry!
Ice cream used to be an affordable dessert that made our childhood summers a little sweeter, but who could have guessed it would become a big business that’s giving even rocket science a run for its money? Step aside, Mr. Musk; the ice cream industry is the next big thing!
According to 3 market research groups:
- Ice Cream Market Share, Global Analysis, Demand, Forecast 2023-2031 (fortunebusinessinsights.com)
- Ice Cream Market Size | Industry Report, 2022-2030 (grandviewresearch.com)
- Artisanal Ice Cream Market Size, Share, Growth Analysis, By Type, Flavour, Distribution Channel – Industry Forecast 2022-2028 (skyquestt.com)
The numbers are in, and it’s not just a passing trend – it’s a market that’s booming.
The Global Ice Cream Market size was valued at USD 79 billion in 2021 and is poised to grow from USD 82.32 billion in 2022 to USD 119.21 billion by 2030, growing at a CAGR of 4.2% in the forecast period (2023-2030).
Growth Rate: 4.2% Market size value in 2021: USD 79 billion Market size value in 2030: USD 119.21 billion
Billions? For simple Ice Cream? Let’s find out more.
The Billion-Dollar Sundae.
Artisanal ice cream isn’t just about your favourite dessert anymore. It’s big business with serious growth over recent years and even bigger numbers expected. You may be wondering, how did we go from enjoying simple scoops on a sunny day to a market worth billions?
Reports given by 3 market research companies reveal the Global Artisanal Ice Cream Market exceeded a whopping $79 billion in 2022 and is projected to reach an even more astonishing $119.2 billion by 2030.
Yes, you read that correctly; ice cream, which was once synonymous with pocket change and childhood dreams, is now a sweet success story on a global scale.
According to these three market research groups, regional dynamics play a significant role, with regions like North America witnessing increased demand due to innovations and the emergence of speciality stores.
As the artisanal ice cream market continues to evolve, key players like Unilever, Nestle, and others are actively contributing to its expansion through strategic partnerships, new product launches, and innovative offerings.
This billion-dollar sundae has certainly become one of the world’s sweetest success stories.
Artisanal Ice Cream’s Rise to Glory.
This incredible growth is attributed to the essence of what artisanal ice cream represents – being hand-made according to traditional recipes, free from preservatives and artificial additives, and teeming with flavours sourced from nutritional ingredients like fruits and nuts.
As consumers, we are more educated than ever before with information at our fingertips thanks to the www.
As consumers, we are driving this trend with our desire for healthier lifestyles, and our demand for low-fat and sugar-free artisanal ice cream has surged.
It’s not just the young generation propelling this growth, but consumers of all ages who are eager to explore new flavours with enhanced nutritional value.
With an eye on the snack food market, manufacturers are catering to students in colleges and institutions, offering a wide range of artisanal ice cream, and as a result, the popularity of this product is soaring.
The Artisanal Experience: Ice Cream Parlours
Ice cream parlours are emerging in every shopping centre, mall, and high street, adding to the increased demand and market growth.
These ice cream parlours are no longer just casual stops for a simple scoop; they’ve transformed into hubs of deliciousness, delivering an artisanal experience like never before.
Many offer custom and seasonal flavours that reflect their local communities, these parlours are at the forefront of the artisanal ice cream renaissance. Whether you’re in the mood for a classic favourite or a daring new creation, ice cream parlours are the place to indulge and enjoy the ultimate artisanal ice cream experience.
Artisanal Ice Cream: Handcrafted Delights.
Ice cream was once seen as a simple, nostalgic treat, whereas artisanal ice cream has grown to be a genuine artisan craft.
The range of frozen delicacies on offer today is vast, with a wide spectrum of flavours and textures. From classic flavours like creamy vanilla and rich chocolate to daring creations featuring exotic fruits, nuts, and spices.
The attraction of artisanal ice cream lies in its hand-crafted nature, where every batch is lovingly prepared, using traditional methods and fresh produce.
Artisan ice creams are now seen as an art form, much like the world-renowned Gelato.
These preservative-free ice creams provide a healthy, fresher approach, one that appeals to all tastes and preferences and the demand for them is growing rapidly due to not only their exceptional taste but also their commitment to wholesome, all-natural ingredients, free from additives and artificial flavours.
Flavour and Health.
As these delicious ice creams delight your taste buds, they also hold a secret ingredient: a dash of health consciousness.
The artisanal ice cream movement has brilliantly combined nutritional sources and the desire for a healthier lifestyle into its vibrant, diverse offerings. Whether it’s the use of real fruits for added vitamins or the reduction of fats and sugars to cater to health-conscious consumers, these frozen delights offer a guilt-free way to satisfy your cravings.
Let’s discover how artisanal ice cream’s captivating flavours and nutritional goodness are contributing to its ever-increasing popularity among the health-conscious and flavour-loving alike.
Flavour Favourites: Chocolate’s Sweet Victory.
When it comes to artisanal ice cream, it’s clear that some flavours reign supreme. Globally, chocolate claims the victory!
Clearly chocolate has a winning, universal appeal, with its blend of taste, aroma, and texture. Chocolate is a flavour favourite for all ages. From the sweet tooth cravings of children to the discerning palates of adults, chocolate artisanal ice cream is a consistent winner, globally.
With the added nutritional elements in these artisanal ice creams, they’re not just delicious but also offer an added boost to your health.
Key Players: The Artisans Behind the Scoops.
According to the research reports listed above, there are several big brands leading in this soaring billion-dollar industry, many big brand names we will all be familiar with.
Here are the top 10 global brands, heading the surge for artisanal ice creams:
- Inspire Brands, Inc.
- General Mills, Inc.
- Kwality Wall’s
- American Dairy Queen Corporation
- Blue Bell Creameries
- Cold Stone Creamery
- Danone S.A.
The Future Looks Sweet!
It’s evident that this delicious industry is not only here to stay but to prosper.
With a projected market value that’s expected to soar to $119 billion by 2030, it’s safe to say that artisanal ice cream isn’t just a treat; it’s big business.
Perhaps Mr Musk doesn’t need to step aside just yet, but he might want to take a moment to enjoy the sweet success of this much-loved frozen dessert!
As you enjoy your next homemade ice cream, which fulfils the artisanal criteria of healthy goodness, with no additives, no preservatives, just good wholesome deliciousness, let’s celebrate the remarkable rise of artisanal ice cream, which has become a billion-dollar industry, giving the rocket scientist a run for his money.
We hope that you have enjoyed reading our article, and finding out about the big business of the humble ice cream!
If you have any questions, please feel free to drop us a comment below.