Chocolate ice cream is a form of ice cream that is naturally or chemically flavoured with chocolate. Cocoa powder, eggs, cream, and sugar are combined to make chocolate ice cream. In some instances, chocolate liquor is added to cocoa powder to darken the chocolate. Chocolate ice cream can be used in a variety of desserts, including sundaes, pies, and smoothies. Furthermore, dark chocolate ice cream is high in antioxidants and flavonoids, which helps in the reduction of bad cholesterol and the improvement of heart health.
MARKET SCOPE
The "Global Chocolate Ice Cream Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the chocolate ice cream market with detailed market segmentation by product type, category, distribution channel, and geography. The report provides key statistics on the market status of the leading chocolate ice cream market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product type, the global chocolate ice cream market is segmented into bars, cones and cups, and tubs and bricks.
- On the basis of category, the market is segmented into conventional and sugar
- free.
- On the basis of distribution channel, the market is segmented into supermarket & hypermarkets, specailty stores, online retail, and others.
MARKET DYNAMICS
Drivers
- Rising demand for chocolate flavor in ice creams and the growing number of ice cream parlors is significantly driving the market growth.
- The growing urbanization and an ever-expanding middle-class population in emerging economies are encouraging the consumption of chocolate-flavored products is significantly contributing to the expansion of the chocolate ice cream market.
- The increasing number of product launches by the key players in the chocolate ice cream market is driving the growth of the market.
- Rapid urbanization and increased per capita disposable income is propelling the demand of chocolate ice cream market.
Restraints
- Health concerns caused by artificial additives and the changing tastes of consumer may impede the growth of the market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The chocolate ice cream market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the chocolate ice cream market in these regions.
IMPACT OF COVID-19 ON CHOCOLATE ICE CREAM MARKET
Although the COVID-19 pandemic is still transforming the evolution of numerous industries, the outbreak's immediate impact is diverse. The impact of lockdowns, supply chain interruptions, demand destruction, and changes in customer behavior has had a substantial impact on the chocolate ice cream market. In the middle of the 2020 Covid-19 outbreak, the market is currently seeing a decrease, with people resorting to social isolation. COVID-19, on the other hand, is having a considerable impact on chocolate demand, particularly premium items that rely on travel (airports and hotels) in food service.
MARKET PLAYERS
The report covers key developments in the chocolate ice cream market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from chocolate ice cream market are anticipated to lucrative growth opportunities in the future with the rising demand for chocolate ice cream in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the chocolate ice cream market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ben & Jerry
- Blue Berry Creameries
- Dairy Farmers of America
- General Mills, Inc
- Gujarat Co-Operative Milk Marketing Federation Ltd
- Halo Top Creamery
- Jude's Ice Cream
- Lotte Confectionery
- Nestl? S. A
- Unilever PLC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.