Artisanal Ice Cream Market to Touch USD 95.8 Billion By 2030 at an 4.2% CAGR – Report By Market Research Future (MRFR)

Artisanal Ice Cream Market Research Report Information By Type (Conventional and Lactose-Free), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, and Online), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) - Forecast Till 2030 by MRFR

New York,US, April 06, 2023 (GLOBE NEWSWIRE) -- Artisanal Ice Cream Market Overview

According to a Comprehensive Research Report by Market Research Future (MRFR), Artisanal Ice Cream Market Information by Type, Distribution Channel, And Region- Forecast till 2030”, the market will achieve USD 95.8 billion by 2030 at an 4.2%.CAGR.

Since more people are searching for distinctive, premium goods manufactured with natural ingredients, consumer tastes and preferences for artisanal ice cream have changed. Ice cream that is produced by hand in small amounts using conventional techniques frequently include ingredients that are purchased locally.

Although these goods are frequently more expensive than generic ice cream, consumers are nevertheless prepared to pay more for the superior quality and flavour. In order to develop complicated and one-of-a-kind flavours like mochi ice cream, fried ice cream, pistachio ice cream, scoops ice cream, protein ice cream, and avocado ice cream, an increasing number of ice cream producers are currently experimenting with high-end innovative flavour combinations. Also, artisanal ice cream frequently uses less ingredients and is free of artificial preservatives, flavours, and colours, which appeals to customers seeking healthier alternatives. As a result, a lot of new, independent small ice cream businesses are opening up and becoming more well-known.

Report Scope:

Report AttributeDetails
2030 Market Size2030: 95.8 billion
CAGR4.2% (2022-2030)
Base Year2021
Forecast Period2022-2030
Historical Data2018 & 2020
Forecast UnitsValue (USD Billion)
Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments CoveredBy Type, Distribution Channel, and Region
Geographies CoveredNorth America, Europe, Asia Pacific, and the Rest of the World
  Key Market DriversChanging consumer tastes and preferences

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Key Companies in the Artisanal Ice Cream market include

  • Bi-Rite (US)
  • Van Leeuwen (US)
  • Gelato and Co (Italy)
  • Jeni's Splendid Ice Creams LLC. (US)
  • Lackey's Artisan Ice Cream (US)
  • McConnell's Fine Ice Creams (US)
  • The Saffron Ice Cream Company (UK)
  • Graeter’s Inc. (US)
  • Gelato and Latte Este (Bulgaria)

Browse In-depth Market Research Report (111 Pages) on Artisanal Ice Cream Market:

Segment Insights

Conventional and lactose-free products are included in the market segmentation for artisanal ice cream depending on type. In 2021, the Conventional category predominated, accounting for roughly 75–80% of the market's revenue for artisanal ice cream. Ice cream that is traditionally artisanal is produced by hand with premium ingredients and age-old techniques. In order to produce a range of distinctive and flavorful ice cream, artisanal ice cream is often made using cream, milk, sugar, and additional ingredients such as fruits, nuts, and spices. To get a creamy, rich texture akin to oreo ice cream, banana ice cream, and strawberry ice cream, the components are meticulously incorporated and churned.

Local and seasonal ingredients are frequently used by artisanal ice cream producers to achieve a distinctive flavour that is uncommon in mass-produced ice cream. Small batches of the ice cream can be produced and sold directly to consumers at ice cream parlours, farmers' markets, or online.

The artisanal ice cream market has been divided into Supermarkets & Hypermarkets, Specialty Stores, and Internet based on the distribution channel. Specialty Shops were the largest sector in the distribution market in 2021 with a 35–40% market share. Since they are of the best quality and provide premium flavour and cost, they take up the most area for artisan ice cream. Due to consumers' growing preferences for ice cream from specialised shops, the market has expanded as a result of their trust and confidence.

Further important considerations are the substantial consumption of healthy ice cream and the rising appeal of organic, gluten-free, and vegan products. Businesses are also focusing on maximising their retail chains to gain wider acceptance.

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North America, Europe, Asia-Pacific, and the Rest of the World are the regions into which the study divides the market. The market for artisanal ice cream in North America, which is expected to account for the largest market share of USD 14.6 billion in 2021 and display a 7.43% CAGR, is growing as consumers become more aware of their health and wellness. This includes ice cream, which is now more frequently purchased organically or with organic processing. Certain products appeal to customers because of the superior packaging and design.

These factors are considered at every stage of production, which encourages manufacturers to create unique package designs. Moreover, the North American artisanal ice cream market saw the fastest growth in Canada, while the U.S. market continued to have the biggest market share.

From 2022 to 2030, the Asia-Pacific Artisanal Ice Cream market is anticipated to expand at a CAGR of 8.33%. The rise of middle-income groups in emerging nations and the rising per capita disposable income are to blame for this. In addition, the India Artisanal Ice Cream market had the quickest rate of growth in the Asia-Pacific region and held the greatest market share.

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