The ice cream parlour market is projected to reach USD 20,411.6 million in 2024 and is expected to surpass USD 92,401.1 million by 2034. The growing demand for richly flavored ice creams is anticipated to drive market growth throughout the forecast period.
The growing demand for new ice flavors and consumer preferences worldwide are projected to generate profitable prospects for the market during the forecast period. The market continues to expand, with a bright future for manufacturers.
The expansion of distribution channels has driven the growth of the market, and the introduction of eCommerce is projected to generate substantial potential in the industry over the forecast period.
The availability of ice cream online has made it easier for consumers to find a wide variety of flavors and brands in all geographic regions. The advent of innovative flavors and packaging has also considerably aided market growth.
The increasingly changing consumer preferences and a growing focus on rich and high-quality desserts, premium ice cream has become a popular choice among customers. Ice cream is no longer considered an indulgence but a versatile dessert catering to a wide range of dietary requirements.
Demand for low-fat, low-sugar, and lactose-free alternatives, as well as vegan and plant-based alternatives, has increased, providing customers with additional options in the current period.
Key Takeaways from the Market Study
- The global ice cream parlor market is estimated to register a CAGR of 4.90% with a valuation of 92,401.1 million by 2034.
- The United States is anticipated to dominate the global market by registering a 2.70% CAGR during the forecast period.
- The market is China is expected to grow at a 6.60% CAGR through 2034.
- Australia is anticipated to secure a CAGR of 4.40% in the global market during the forecast period.
Country-wise Ice Cream Parlor Market Outlook, 2024-2034.
| Countries | CAGR (2024 to 2034) |
| United States Ice Cream Parlour Market | 2.70 % |
| Indian Ice Cream Parlour Industry Share | 7.10 % |
| German Ice Cream Parlour Market Size | 4.20 % |
| Chinese Ice Cream Parlour Industry Overview | 6.60 % |
| Australia Ice Cream Parlour Market | 4.40 % |
Competitive Landscape
Manufacturers are leveraging collaborations, mergers, acquisitions, and other cooperative strategies to strengthen their market position. Key players are increasingly engaging in strategic partnerships to drive growth.
To build robust brand identities and enhance customer loyalty, manufacturers are employing effective marketing strategies. They are also refining their manufacturing processes, investing in automation, and optimizing their supply chains to boost capacity and meet rising demand.
Recent Developments in the Ice Cream Parlour Market
- In 2023, Sunny Honey Home is a new flavor created by Ben & Jerry’s in collaboration with The Entrepreneur Refugee Network (TERN). This one-of-a-kind mix was created to generate revenue and promote the economic aims of refugees in the United Kingdom.
- In 2023, Cold Stone Creamery and Reese collaborated to create Reese-inspired ice creams such as Reese’s Take 5 peanut butter ice cream and Reese’s Peanut Butter Cup ice cream. Furthermore, the company introduced marshmallow-flavored ice cream.
- In 2023, Baskin-Robbins reopened its outlet in Bay City, Michigan. The store closed in December 2022 and was looking for new owners. Since its reopening, the business has seen massive growth and customer demand.
- In 2022, Amorino introduced three organic sorbet flavours: tangerine acerola, blueberry açai, and blood orange ginger.
Key Players in the Ice Cream Parlour Market
- Baskin-Robbins
- Häagen-Dazs
- D.Q. Corp.
- Ben & Jerry’s Homemade, Inc.
- Amorino
- Ghirardelli Chocolate Company
- Marble Slab Creamery
- Cream Stone
- Cold Stone Creamery (Kahala Franchising, LLC.).
- Marble Slab Creamer
- Natural Ice Creams
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Key Segments in the Ice Cream Parlour Market
By Type:
- Independent
- Branded/Franchise
By Product Type:
- Artisanal
- Traditional
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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