Key Highlights
- The global ice cream market was valued at approximately $72 billion in 2022
- The United States alone sells over 1.6 billion gallons of ice cream annually
- The average American consumes about 23 pounds of ice cream per year
- Vanilla remains the most popular ice cream flavor, accounting for approximately 29% of all sales
- Chocolate is the second most popular flavor, making up about 15% of ice cream sales
- About 10% of ice cream sales are made through vending machines
- The global ice cream cone market is projected to grow at a CAGR of 4.7% from 2023 to 2030
- Dairy-based ice creams hold roughly 86% of the total ice cream market share worldwide
- Non-dairy ice cream sales are expected to grow at a CAGR of 11% between 2023 and 2027
- The most popular ice cream topping in the US is sprinkles, used by 65% of consumers
- Ice cream sales typically peak in July and August due to summer weather
- Approximately 42% of ice cream consumers are under 30 years old
- In Europe, Germany is the largest consumer market for ice cream, with annual sales exceeding 1.4 billion liters
From a global market valued at $72 billion to youthful consumers driving impulsive summer splurges, the world of ice cream reveals a sweet mix of booming sales, irresistible flavors, and rising trends shaping its future.
Consumer Behavior and Demographics
- The average American consumes about 23 pounds of ice cream per year
- The most popular ice cream topping in the US is sprinkles, used by 65% of consumers
- Approximately 42% of ice cream consumers are under 30 years old
- The majority of ice cream sales are impulsive, comprising about 75% of purchases in grocery stores
- More than 60% of consumers prefer buying ice cream from supermarkets over specialty shops
- The average household in the US spends around $33 on ice cream annually
- 55% of ice cream buyers prefer pints over larger gallon containers
- About 35% of ice cream consumption occurs at home, with the rest eaten outside such as in restaurants or on-the-go
- Children under 12 are responsible for roughly 45% of ice cream consumption in the US
- Approximately 30% of consumers choose non-dairy ice cream as a dairy-free alternative
- The percentage of households that purchase ice cream weekly is about 40%, indicating regular consumption habits
- The popularity of gourmet and artisanal ice creams increased by 60% from 2018 to 2022
- The amount of sugar in a typical scoop of ice cream ranges from 14 to 20 grams, depending on flavor and brand
- Children aged 6-12 are responsible for about 50% of ice cream snack sales in vending machines in the US
Consumer Behavior and Demographics Interpretation
Flavor Preferences and Product Offerings
- Vanilla remains the most popular ice cream flavor, accounting for approximately 29% of all sales
- Chocolate is the second most popular flavor, making up about 15% of ice cream sales
- The chocolate chip flavor accounts for nearly 22% of all ice cream sales by flavor segment
- The average calorie count for a standard scoop of vanilla ice cream is around 137 calories
- Flavored ice creams with added mix-ins like nuts and candies make up about 25% of all ice cream sales
- Dairy-based ice creams still account for more than 75% of all flavor varieties sold worldwide
Flavor Preferences and Product Offerings Interpretation
Geographical and Seasonal Insights
- Ice cream sales typically peak in July and August due to summer weather
- Coastal regions in the US tend to have higher ice cream sales than inland areas, with sales up to 25% higher
- Ice cream consumption increases by 15% during major holidays such as Independence Day and July 4th in the US
- The most popular season for ice cream sales in Australia is summer, with a 40% increase over winter sales
- Ice cream sales at amusement parks and fairgrounds increase by up to 35% during summer festivals
- Festive and holiday-themed ice cream flavors account for around 15% of seasonal sales, especially during Christmas and Halloween
- The flavor with the highest seasonal spike is pumpkin spice, experiencing a 75% increase in fall
- Online searches for “best ice cream near me” increased by 120% during summer months, indicating rising consumer interest in local sourcing
- Summer sales of ice cream in Nigeria increase by up to 50% during peak season, driven by hot climate conditions
Geographical and Seasonal Insights Interpretation
Market Size and Revenue Trends
- The global ice cream market was valued at approximately $72 billion in 2022
- The United States alone sells over 1.6 billion gallons of ice cream annually
- The global ice cream cone market is projected to grow at a CAGR of 4.7% from 2023 to 2030
- Dairy-based ice creams hold roughly 86% of the total ice cream market share worldwide
- Non-dairy ice cream sales are expected to grow at a CAGR of 11% between 2023 and 2027
- In Europe, Germany is the largest consumer market for ice cream, with annual sales exceeding 1.4 billion liters
- The organic ice cream segment is growing at a CAGR of 8.3% globally
- The average price of a pint of premium ice cream in the US is about $5.00
- Dairy-free ice cream options account for approximately 12% of total ice cream sales in the US
- Vegan ice cream sales increased by over 50% from 2019 to 2022 globally
- In 2022, online ice cream sales accounted for approximately 15% of total ice cream sales in the US
- In India, the ice cream market is projected to grow at a CAGR of 10% over the next five years
- Traditional ice cream brands hold about 70% of the US market, with new artisanal brands gaining market share rapidly
- The top three ice cream brands in the US in 2023 are Ben & Jerry’s, Häagen-Dazs, and Blue Bell
- The sale of frozen yogurt, a category related to ice cream, is valued at over $1.2 billion annually in the US
- Ice cream sales have increased by roughly 7% annually over the past decade globally
- The ice cream vending machine market is expected to reach $180 million by 2027, growing rapidly due to technological advances
- Vegan and plant-based ice creams make up approximately 10% of the global market share, with rapid growth
- There is a rising trend of biodegradable and eco-friendly packaging in ice cream products, with a growth rate of 15% annually
- The international ice cream market is expected to grow at a CAGR of 4.2% from 2023 to 2030, reaching a valuation of over $104 billion
- In China, ice cream consumption per capita has increased by 25% over the past five years, signaling market growth
Market Size and Revenue Trends Interpretation
Sales Channels and Packaging
- About 10% of ice cream sales are made through vending machines
- The most popular package size in the US for household ice cream is the pint, followed by half-gallon sizes
- Approximately 20% of ice cream sales are made through convenience stores globally
- The most purchased retail pack size for ice cream in supermarkets globally is the 1-liter size, making up approximately 40% of total sales volume
Sales Channels and Packaging Interpretation
Sources & References
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