This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
This Website Uses Cookies
By closing this message or continuing to use our site, you agree to our cookie policy. Learn More
This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
Packaging Strategies logo
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Packaging Strategies logo
  • Magazine
    • Current Issue
    • Digital Edition
    • Subscribe
    • Archives
    • The Packaging Guide
    • Design Gallery Directory
  • Featured
    • Packaging Perspectives Podcasts
    • Packaging News
    • New Packages
    • Web Exclusives
    • Blogs
    • Supply Side
    • Supplier Products
    • Top Food Packaging Companies
    • Top Beverage Packaging Companies
  • PS News
    • Digital Editions
    • Special Reports
    • Subscribe
    • Sample Issue
    • Reprints
    • Customer Service
  • Machinery
    • Automation / Controls
    • Case Forming / Packing / Sealing
    • Cartoning
    • Coding / Marking / Printing
    • Components / Parts
    • Conveyors
    • Form-Fill-Seal / Filling & Closing
    • Inspection / Detection / Vision
    • Labeling
    • Unitizing / Palletizing
    • Robotics
    • Track & Trace / Serialization
  • Vertical Markets
    • Beer / Wine / Spirits Packaging
    • Beverage Packaging
    • Candy / Confectionery
    • Dairy Food Packaging
    • Food Service Packaging
    • Household Packaging
    • Meat / Seafood Packaging
    • Personal Care Packaging
    • Pet Food Packaging
    • Pharma / Medical Packaging
    • Produce Packaging
    • Snack Food Packaging
  • Materials
    • Adhesives / Sealants
    • Beverage Multipacks
    • Blister Packaging
    • Cans & Bottles
    • Closures/Lids
    • Films & Coatings
    • Flexible Packaging
    • Labels
    • Paperboard / Corrugated / Cartons
    • Rigid Containers
    • Sustainable Packaging
  • Brand Packaging
    • Design Gallery Directory
  • Events
    • Converters Expo
    • Converters Expo South
    • Global Pouch Forum
    • Industry Events
    • Webinars
  • More
    • Videos
      • Pack Expo 2019 Videos
      • PMMI video series
    • Book Store
    • Classifieds
    • Custom Content & Marketing Services
    • eBook
    • eXTRA eNewsletter
    • Interactive Product Spotlights
    • Market Research
    • The Packaging Guide
    • Polls
    • White Papers
  • Contact
  • Advertise
Home » Global ice cream market to reach $87 billion by 2021
Dairy Food PackagingFood Service PackagingPackaging News

Global ice cream market to reach $87 billion by 2021

January 6, 2017
KEYWORDS dairy packaging / frozen food packaging / packaging studies
Reprints
No Comments

The global ice cream market is expected to reach U.S. $87 billion by 2021 at a 4.8% CAGR. Market growth is driven by rising income, new ice ream flavors, cost-reducing private labeling and increasing consumer demand, particularly in those over age 50, according to a new report by Research and Markets (researchandmarkets.com).

The rise in income along with an increase in demand for sweet dishes drives the growth of this market. Unilever dominates the global market with eight of the 15 top selling brands and a 22% share. Nestle is the closest corporate rival of Unilever with four brands in the top 15. The sales of low-quality ice cream have been declining due to the increased preference for premium ice cream.

The new innovative flavors that the companies have come up with act as a major driver for this market. Also, private labeling reduces the price of ice creams, thereby increasing the demand. The rise in demand for ice cream products from consumers above the age of 50 is another factor that contributes to the growth of this market. Ice cream manufacturers have come up with lactose-free ice creams for lactose intolerant consumers. However, health concerns pose a threat to this market, especially in the developed countries. Unseasonable weather is another major restraint to this market.

The global ice cream market is segmented on the basis of product type, which has been further subdivided by recipe into ordinary (hard), French, reduced fat, light, soft, no sugar added, lactose-free, gluten-free and organic ice cream. By sales, the market is segmented into impulsive, take-home and artisanal ice cream.

PS Subscribe

Related Articles

Global food and beverage metal can market to reach close to $36 billion by 2020

Global market for liquid paperboard expected to reach nearly $14 billion by 2020

Global rigid plastic packaging market to reach $225.8 billion by 2020

Global Four-Side Flat Pouch Market to Reach $8 Billion by 2024

You must login or register in order to post a comment.

Report Abusive Comment

Subscription Center
  • Print & Digital Edition Subscriptions
  • eNewsletters
  • Online Registration
  • PS News
  • FAQ
  • Subscription Customer Service

More Videos

Packaging Strategies Poll Promotion

Events

February 12, 2020

Converters Expo South

Converters Expo South is a one day expo that unites converters of paper, film, plastics and nonwovens with industry buyers, specialists and suppliers. With hundreds of attendees expected, Converters Expo South will be the place to find manufacturing partners, check out testing and prototyping equipment, meet with producers of disposables and learn the latest in flexo printing and packaging.

April 29, 2020

Converters Expo

Your one-stop shop for all things converting is back in 2020 with additional exhibit space! Celebrating 13 years as the only one-day expo exclusively located in the Midwest, Converters Expo unites converters of paper, film, plastics and nonwovens with industry buyers, specialists and suppliers.

View All Submit An Event

Poll

Packaging Job Woes

What is your top worry about your role in packaging?
View Results Poll Archive

Products

Managing Packaging Design for Sustainable Development: A Compass for Strategic Directions

Managing Packaging Design for Sustainable Development: A Compass for Strategic Directions

See More Products

Packaging Perspectives Podcasts Promotion


PMMI interview today's packaging

Packaging Strategies

PS1119_Cover-144px.jpg

2019 November

In the November issue of Packaging Strategies, we feature a new trend: Re-commerce, brands and Generation Z, resealable closures in food packaging, a pretzel company with filling & weighing equipment for more productivity and much more!

View More Create Account
  • Helpful Links
    • List Rental
    • Editorial Guidelines
    • Submissions Guidelines
    • Survey And Sample
    • Packaging Brands
    • Partners
    • Polls
    • Want More?
    • Connect
    • Privacy Policy
    • Subscribe
  • PS News
    • Subscribe
    • Customer Service
    • FAQ
  • Packaging Group
    • Flexible Packaging
    • Packaging Strategies
  • Subscribe
    • Print & Digital Edition Subscriptions
    • eNewsletters
    • Online Registration
    • PS News
    • FAQ
    • Subscription Customer Service

Copyright ©2019. All Rights Reserved BNP Media.

Design, CMS, Hosting & Web Development :: ePublishing