Ice cream ingredients market
The global ice cream ingredients market is expected to grow from $50.1 billion in 2020 to $93.5 billion by 2028.
โ Allied Market Research
WILMINGTON, NEW CASTLE, DELAWARE, UNITED STATES, August 27, 2024 /EINPresswire.com/ – According to a new report by Allied Market Research, titled โIce Cream Ingredients Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2021-2028โ, the global Ice Cream Ingredients market was valued at USD 50.1 billion in 2020 and is projected to reach USD 93.5 billion by 2028, growing at a Compound Annual Growth Rate of 8.5% during the forecast period.
๐Request sample: https://www.alliedmarketresearch.com/request-sample/A13619
The global ice cream ingredients market has witnessed significant growth in the last few years, driven by the increasing consumer demand for delicious desserts and the increasing availability of various flavors. The market offers a wide range of ingredients such as dairy, sweeteners, stabilizers, emulsifiers, and flavors that are essential for the creamy texture and delicious taste of ice cream. Innovations in product offering, health-conscious consumer preferences, and sustainable sourcing of ingredients have emerged as the major drivers of this market.
โ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ง๐ฌ
In 2023, the global ice cream ingredients market was valued at approximately USD 14 billion and is expected to grow at a compound annual growth rate (CAGR) of 5.6% through 2028. This growth is due to the growing consumer base for premium and artisanal ice cream, which demands high-quality and often exotic ingredients. Asia Pacific, led by China and India, is expected to be the fastest growing market due to the growing middle-class population and a growing preference for Western-style desserts.
โ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ฆ๐ฉ๐๐๐ญ
Dairy: Dairy remains the most important component in ice cream production. Whole milk, cream and milk solids are commonly used to add body and structure to the ice cream. The growing trend towards plant-based alternatives has also influenced the dairy segment, with almond, soy and oat-based products becoming increasingly popular. These alternatives cater to lactose-intolerant and vegan consumers and open up new market opportunities.
Sweeteners: Sugar is a key ingredient, but health-conscious consumers are increasingly turning to natural and low-calorie sweeteners. Ingredients such as stevia, erythritol and monk fruit are becoming increasingly popular as healthier substitutes for traditional sugar. This shift is in line with the growing demand for “healthier” desserts.
Stabilizers and emulsifiers: Stabilizers such as guar gum, xanthan gum and locust bean gum play an important role in maintaining the consistency and shelf life of ice cream. Emulsifiers such as lecithin and mono- and diglycerides help mix water and fat components, provide smoothness and prevent the formation of ice crystals during freezing.
Flavors and ingredients: Innovative and exotic flavor profiles are at the heart of current market trends. Popular flavors such as vanilla, chocolate and strawberry are now complemented by unconventional ingredients such as lavender, matcha and yuzu. In addition, ingredients such as cookie dough, fruits and nuts add value to ice cream products by improving texture and taste.
โ High quality ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ
Health and wellness trends have significantly impacted the ice cream ingredients market. Consumers are increasingly demanding low-calorie, low-sugar and high-protein ice cream options. Brands are also focusing on fortifying their products with functional ingredients such as probiotics, prebiotics and additional fiber to meet the desire for healthy indulgence. In addition, sustainability is becoming a crucial factor as consumers seek products made from ethically sourced and environmentally friendly ingredients.
โ High quality ๐ฌ๐ข๐ง๐๐ง๐ณ๐๐ฌ ๐ก๐๐ข๐ฅ๐ข๐ญ๐ ๐๐ซ๐๐๐ฆ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ ๐๐๐ซ๐ค๐๐ญ
Sustainability has become a key focus for manufacturers. Sustainable dairy farming practices, the use of organic and non-GMO ingredients, and eco-friendly packaging materials are all gaining importance. This trend is particularly pronounced among premium brands, where consumers are willing to pay a higher price for products that align with their environmental and ethical values. Ingredient suppliers are increasingly turning to sustainable production processes to reduce carbon footprints and ensure long-term profitability.
๐๐๐ง๐ช๐ฎ๐ค๐ซ๐: https://www.alliedmarketresearch.com/purchase-enquiry/A13619
โ High quality
North America remains a dominant market due to high per capita consumption of ice cream and a well-established retail and foodservice sector. Europe, particularly countries such as Italy and France, is known for its artisanal and high-quality ice cream varieties, which further drive demand for high-quality ingredients. However, Asia Pacific offers significant growth potential due to urbanization, rising disposable incomes and a rapidly growing dairy sector. Key markets include China, India, Japan and Southeast Asia, where international ice cream brands are gaining a foothold.
โ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐
The ice cream ingredients market is highly competitive. Major players include Cargill, Inc., Kerry Group, Barry Callebaut, Tate & Lyle, and DSM. These companies are focusing on product innovation, strategic partnerships, and mergers and acquisitions to expand their market presence. In addition, local and regional ingredient suppliers are also emerging to cater to niche demands such as organic or plant-based ingredients.
โ High quality ๐จ๐ซ๐ญ๐ฎ๐ค๐ง๐๐๐ง
While the market offers numerous opportunities, challenges remain, such as fluctuating commodity prices, strict food safety regulations, and the need for constant innovation to meet changing consumer preferences. Companies that find a balance between taste, health, sustainability, and cost will have the most success in this dynamic market. In addition, opportunities in plant-based ice cream and the integration of functional ingredients open up new avenues for growth and differentiation.
๐๐๐๐ค๐ ๐๐ฎ๐ซ๐๐๐ก ๐ฌ๐ข๐ง๐ ๐ ๐ฅ๐๐ข๐๐ก: https://www.alliedmarketresearch.com/ice-cream-ingredients-market/purchase-options
The ice cream ingredients market is evolving rapidly, driven by consumer demand for variety, quality and sustainability. Companies that innovate with healthier, more sustainable ingredients while maintaining the delicious attributes of ice cream are well positioned to capitalize on this growing market. As preferences continue to shift toward plant-based and health-focused options, the market is likely to see further diversification and segmentation in the coming years.
This report provides a comprehensive analysis of the current trends, growth drivers, and key opportunities in the Ice Cream Ingredients market, positioning it as a key reference source for industry participants seeking to stay ahead in a competitive environment.
๐ ๐๐๐จ๐ฎ๐ค๐ญ ๐๐ฌ
Allied Market Research (AMR) is a full-service market research and business consulting arm of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides unmatched quality โMarket Research Reportsโ and โBusiness Intelligence Solutionsโ to global corporations, medium and small businesses. AMR has a targeted approach to provide its clients with business insights and consulting to help them make strategic business decisions and achieve sustainable growth in their respective market space.
We maintain professional business relationships with various companies, which helps us in sourcing market data that helps us in creating accurate research data tables and confirms the utmost accuracy in our market forecasts. Pawan Kumar, CEO, Allied Market Research, is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality data and help the clients succeed in every possible way. Every single piece of data presented in the reports published by us is obtained through primary interviews with top officials of leading companies in the concerned fields. Our methodology of sourcing secondary data includes extensive online and offline research and discussions with knowledgeable professionals and analysts of the industry.
๐๐๐จ๐ง๐ญ๐๐๐ญ
David Correa
5933 NE Win Sivers Drive
#205, Portland, Oregon 97220
United States
USA/Canada (toll-free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Website: https://www.alliedmarketresearch.com/reports-store/food-and-beverages
Follow us on the blog: https://www.dailyreportsworld.com/
David Correa
Allied Market Research
+1 800-792-5285
Send us an email here
Visit us on social media:
on facebook.
X
Disclaimer:
EIN Presswire provides this news content “as is” without any warranty of any kind. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, please contact the author above.