The Global Ice Cream Market is growing at a CAGR of 5.0% during the forecast period (2020-2025)
Major Key Players in the market includes Uniler, Lotte Corporation, Nestle, General Mills Inc., Dunkin Brands, Blubell Creameries, Dean Foods, Baskin-Robbins, Breyers, Ben and Jerry's, Cold Stone Creamery and Dairy Queen.
Jun 2020-Unilever announced the sale process of its ice cream business in Chile The arrangement includes the purchase of local brands Bresler and Melevi and the license for the global ice cream brands that Unilever retails in Chile: Magnum, Calippo, Fruttare, Carte D'or, Vienetta and Cornetto. Unilever in Chile will continue to focus on the categories and brands in which it can develop a sustainable and competitive business.
Froneri -Jan 2020, The Häagen-Dazs brand is bringing an intense new taste and color experience to its premium ice cream for a limited time. Consumers can look for Ruby Cacao Crackle TRIO CRISPY LAYERS and Ruby Cacao Ice Cream Bars in stores nationwide, while Häagen-Dazs Shops will offer ruby cacao sundaes, dipped bars and cones. The Häagen-Dazs ruby cacao collection is the first line of ruby cacao ice cream products in the U.S.
IN March 2020 month, the company’s Talenti Gelato & Sorbetto business released two new dairy-free sorbetto flavors – strawberry hibiscus and dark chocolate – and a new dairy-free Layers variety: Dairy-Free Coconut Chocolate Cookie.
March 2020-Unilever's Magnum Ice Cream brand added a new flavor to its non-dairy bar lineup – Non-Dairy Sea Salt Caramel Bars. Certified vegan and made with Rainforest Alliance Certified cocoa, the bars feature a sea salt caramel base made with coconut oil and pea protein dipped in a cracking non-dairy chocolate shell. Further in JAN 2020, Unilever’s Ben & Jerry’s subsidiary launched three new non-dairy frozen dessert pints made with a sunflower seed butter base. Varieties include “Milk” & Cookies, Crème Brulee Cookie and Mint Chocolate Cookie.
Global Ice-Cream Market, by Type involves Bars, Buckets/ Tubs, Floats and Others. Ice-Cream Market, by Claim it includes Lactose-Free, Low-Fat, Low Calorie and Others. By region it includes North America, Europe, ASPAC and Middle East & Africa. Asia-Pacific is expected to witness the highest growth rate, rising consumer demand and owing to rise in demand from the emerging economies such as India, China, Indonesia, and others. Moreover, increased disposable income and rise in standard of living boost the growth of market. India and China are projected witness significant growth during in the ice cream market forecast. North America ice cream market is expected to register a CAGR of 4.5% during the forecast period, 2019 to 2023. Due to rise in income along with an increased indulgence for sweet dishes drives the growth of this market. Unilever dominates the global market followed by Nestle.