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Global Ice Cream Parlor Market to reach USD 17.20 billion by the end of 2030

Global Ice Cream Parlor Market Size study & Forecast, by Type (Branded/Franchise, Independent), by Product (Traditional Ice Cream, Artisanal Ice Cream), and Regional Analysis, 2023-2030

Product Code: OIRFB-85480341
Publish Date: 15-11-2023
Page: 200

Global Ice Cream Parlor Market is valued at approximately USD 11.55 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.1% over the forecast period 2023-2030. Ice Cream is a frozen dessert, where consumers consume it as a sweet dish. Ice creams are made of milk and cream with additional Flavors such as butter scotch, chocolate, blueberry and more. The Ice Cream Parlor Market is expanding because of factors such as the introduction of new flavors and innovative packaging styles coupled with increase in population of frozen dessert. However, the change in prices of raw material used for production of ice creams and increase in players of Ice cream parlor market tends to hinder the market growth.

The rise in the shift of frozen desserts drives the Ice Cream Parlor market. As, according to Statista 2022 frozen dessert market tends to be 102.9 billion in 2026. Moreover, according to International dairy food association it is estimated that the global ice cream market will reach USD 104.96 billion in 2029, up from USD 71.52 billion in 2021 a 46% rise due to the global population craving for ice cream. Furthermore, introduction of new and exciting flavors in ice cream market has led to increase in population preferring to consume more ice creams. As, in 2022, Baskin Robbin introduced Gulab jamun ice cream a combination of Indian dessert with ice cream. The availability of ice cream on online platforms is further acting as an opportunity for this market to grow as online platform provides the product with ease and convenience

The key regions considered for the Global Ice Cream Parlor Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 rise in popularity ice creams and ice cream consumption in this region is more in young population. As, according to united nation Over 60% of the world’s youth live in Asia-Pacific. So, more consumption of ice cream by young population leads to growth in this market. North America is expected to grow significantly over the forecast period, owing to factors such as Increase in population preferring healthy food and desserts as according to Food Insights in May 2021, 60% of the population preferred healthy alternatives for popular food products, such as desserts, confectionery, and ice creams. With introduction of ice creams healthy and vegan ice creams there is growth in population consuming healthy ice creams. As, in January 2022, Cold Stone Creamery launched its first vegan ice cream with almond milk. This introduction of vegan ice creams gave an option to vegan population living in this region to consume ice cream.

Major market player included in this report are:
Nestlé SA
Unilever PLC
Cream Stone Concept
Natural Ice Creams
Cold Stone Creamery (Kahala Franchising, LLC.).
Ben & Jerry’s Homemade, Inc.
General Mills Inc.
Wells Enterprises Inc.

Recent Developments in the Market:
Ø In June 2023, Ben & Jerry’s Homemade, Inc. partnered with The Entrepreneurial Refugee Network (TERN) to develop a new flavor Sunny Honey Home, it is made to increase funds and sales. Every, additional flavor in ice creams leads to increase in consumer excited for consuming new flavor this introduction of new flavor led to increase in consumers trying to consume this ice cream.
Ø In July 2022, Amorino launched 3 new organic artisanal sorbets: tangerine acerola, blueberry açai and blood orange ginger as its summer Flavors this introduction of new flavours tends to increase the sales of Amorino.

Global Ice Cream Parlor Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, Product, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

By Product:
Traditional Ice Cream
Artisanal Ice Cream

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Ice Cream Parlor Market, by Region, 2020-2030 (USD Billion)
1.2.2. Ice Cream Parlor Market, by Type, 2020-2030 (USD Billion)
1.2.3. Ice Cream Parlor Market, by Product, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Ice Cream Parlor Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Ice Cream Parlor Market Dynamics
3.1. Ice Cream Parlor Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Introduction of new flavours and innovative packaging styles Increase in demand for frozen dessert
3.1.2. Market Challenges Change in prices of raw material Increase in players of Ice cream parlour market
3.1.3. Market Opportunities Shift in population for ordering ice cream from online platform Increase in stores of ice cream Parlors
Chapter 4. Global Ice Cream Parlor Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Ice Cream Parlor Market, by Type
5.1. Market Snapshot
5.2. Global Ice Cream Parlor Market by Type, Performance – Potential Analysis
5.3. Global Ice Cream Parlor Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Ice Cream Parlor Market, Sub Segment Analysis
5.4.1. Branded/Franchise
5.4.2. Independent
Chapter 6. Global Ice Cream Parlor Market, by Product
6.1. Market Snapshot
6.2. Global Ice Cream Parlor Market by Product, Performance – Potential Analysis
6.3. Global Ice Cream Parlor Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
6.4. Ice Cream Parlor Market, Sub Segment Analysis
6.4.1. Traditional Ice Cream
6.4.2. Artisanal Ice Cream
Chapter 7. Global Ice Cream Parlor Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Ice Cream Parlor Market, Regional Market Snapshot
7.4. North America Ice Cream Parlor Market
7.4.1. U.S. Ice Cream Parlor Market Type breakdown estimates & forecasts, 2020-2030 Product breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Ice Cream Parlor Market
7.5. Europe Ice Cream Parlor Market Snapshot
7.5.1. U.K. Ice Cream Parlor Market
7.5.2. Germany Ice Cream Parlor Market
7.5.3. France Ice Cream Parlor Market
7.5.4. Spain Ice Cream Parlor Market
7.5.5. Italy Ice Cream Parlor Market
7.5.6. Rest of Europe Ice Cream Parlor Market
7.6. Asia-Pacific Ice Cream Parlor Market Snapshot
7.6.1. China Ice Cream Parlor Market
7.6.2. India Ice Cream Parlor Market
7.6.3. Japan Ice Cream Parlor Market
7.6.4. Australia Ice Cream Parlor Market
7.6.5. South Korea Ice Cream Parlor Market
7.6.6. Rest of Asia Pacific Ice Cream Parlor Market
7.7. Latin America Ice Cream Parlor Market Snapshot
7.7.1. Brazil Ice Cream Parlor Market
7.7.2. Mexico Ice Cream Parlor Market
7.8. Middle East & Africa Ice Cream Parlor Market
7.8.1. Saudi Arabia Ice Cream Parlor Market
7.8.2. South Africa Ice Cream Parlor Market
7.8.3. Rest of Middle East & Africa Ice Cream Parlor Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Baskin-Robbins Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.3.2. Nestlé SA
8.3.3. Unilever PLC
8.3.4. Cream Stone Concept
8.3.5. Natural Ice Creams
8.3.6. Cold Stone Creamery (Kahala Franchising, LLC.).
8.3.7. Ben & Jerry’s Homemade, Inc.
8.3.8. Amorino
8.3.9. General Mills Inc.
8.3.10. Wells Enterprises Inc.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Data Collection:
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In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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