PUBLISHER: DataM Intelligence | PRODUCT CODE: 1418691
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1418691
Global Organic Ice Cream Market reached US$ 2.19 billion in 2022 and is expected to reach US$ 3.35 billion by 2030, growing with a CAGR of 5.48% during the forecast period 2023-2030.
Globally growing availability of the various flavours of organic ice cream such as chocolate, vanilla, butter pecan, strawberry and black raspberry among others helps to boost market growth over the forecast period. Globally consumers are looking for different flavours of organic ice cream which helps to attract consumers to buy organic ice cream.
There is a growing consumer awareness about the health benefits of the consumption of organic food products such as organic ice cream further helps to boost market growth over the forecast period. The growing consumer concerns for environment, health, and sustainability. Organic ice cream is considered as one of the healthier options than conventional ice cream due to its health benefits. The globally growing trend of clean-label food further helps to boost market growth over the forecast period.
Growing merger and acquisition strategies by the major key players help to boost market growth over the forecast period. For instance, on January 04, 2022, Thrasio-Style Foodtech Curefoods acquired Five Food Brands to boost its direct-to-consumer business. The current portfolio acquisition includes Juno's Pizza, Cupcake Noggins, Nomad Pizzas, Iceberg, and White Kitchens.
Organic vanilla ice cream serves as a versatile and popular base for various toppings, and dessert combinations. It is most popular among children due to its flavour. According to the survey conducted by the vanilla and vegan top UK ice cream in January 2020, around 84% of the consumers like vanilla flavour due to its taste and texture. The second and third most popular flavours were mint chocolate chip and chocolate.
The rising availability of various types of vanilla such as French vanilla, Madagascar vanilla, or Tahitian vanilla which offer unique flavours in the vanilla category.The vanilla flavour of organic ice cream is popular among consumers on different occasions and dessert choices help to boost market growth over the forecast period 2022-2030.
Many major key players in the market offering products with lower fat and sugar content help to attract consumers who want to enjoy ice creams with fewer calories with less impact on their health. Organic certification standards prioritize food safety and quality. Health-conscious consumers trust products that bear the official organic label, as it signifies a commitment to quality and health.
According to the data given by Godrej Food Trends Report 2022, around 48.3% of culinary experts foresee the rise of handmade artisanal ice creams in India. Globally conscious consumers are looking for products with healthier ingredients like organic ice cream which are considered a healthier option than the synthetic additives found in conventional ice cream. Organic ice cream is free from artificial flavours, and preservatives.
Meeting regulatory standards is expensive for organic ice cream producers. This may lead to higher production costs, which could be passed on to consumers in the form of higher prices. Strict regulations create barriers to entry for new players in the organic ice cream market. Smaller or emerging businesses struggle to meet compliance requirements, limiting market growth and diversity.
According to the United States Federal Regulations, organic ice cream should not contain less than 10% milk fat. Low-fat ice cream requires a maximum of 3 grams of total fat per half-cup serving and nonfat ice cream contains less than 0.5g of total fat per serving. Products which are labeled as ice cream contain a minimum of 10% milkfat and reduced fat ice cream contains 25% less milkfat.
The global organic ice cream market is segmented based on product, flavour, distribution channel, and region.
On the basis of flavour market is segmented into vanilla, chocolate, butter pecan, strawberry, black raspberry and others. The vanilla flavour segment held 33.15 % of the market share in the global organic ice cream market. Vanilla is the most loved ice cream flavour globally. It appeals to a wide range of consumers. It is made with vanilla beans without the use of artificial flavours or additives. According to the ICT/UN statistics, the total global demand for vanilla is over 2000 to 3000 metric tons.
The United States, France and Germany accounted for 80% of the world's import of vanilla extract in 2022, which is used in organic ice creams. These 3 countries are major exporters of vanilla beans and processed vanilla products. The growing product launches of vanilla extract in the market help to boost market growth. For instance, in 2022, a British flavours firm launched a new vanilla extract in the market.
To fulfill consumer's demands major key players in the market launched new products in the market. For instance, on March 01, 2023, Planet Based Foods Global Inc. announced its launch of the non-dairy frozen dessert category with the launch of organic vegan ice cream at Natural Products EXPO West. The newly launched product is available in different flavours such as butter pecan, chocolate, coffee chip and vanilla.
North America accounted largest market share accounting for 43.12% of the global organic ice cream market. According to the data published by the International Dairy Foods Association in 2022, ice cream manufacturers in the United States manufactured 1.38 billion gallons of ice cream. The growing consumers demand for the organic ice cream helps to boost regional market growth over the forecast period.
Rapid growth in the availability of the different brands of organic ice cream in the region helps to boost regional market growth over the forecast period. For instance, on May 21, 2020, Natrel launched organic milk and cream products in Canada. The newly launched products are free from stabilizers or preservatives, antibiotics and artificial growth hormones. The newly launched products include milk, cream, butter, ice cream and cultured products which are sold across Canada.
The major global players in the market include: RS Business Ventures LLP., Aldens Organic, Straus Family Creamery, McConnell's Fine Ice Cream, Eatfit, Avalon Dairy, Organic Meadow Limited Partnership, Humboldt Creamery, Nature's Organic Ice Cream, and Yeo Valley Organic Limited.
COVID-19 disrupted supply chains worldwide, affecting the availability of ingredients, packaging materials, and transportation. Organic ice cream manufacturers have faced challenges in sourcing high-quality, organic ingredients. Many food production facilities adapt to new health and safety regulations, which sometimes leads to reduced production capacities. Labour shortages and social distancing measures affected manufacturing processes.
The closure or limited operation of restaurants, cafes, and food service establishments had a direct impact on the organic ice cream market. These venues are significant distribution channels for premium food products, including organic ice cream. Economic uncertainties and job losses during the pandemic led some consumers to be more price-sensitive, which affected premium products like organic ice cream, as they tend to be more expensive than conventional ice cream.
The war between Russia and Ukraine disrupts supply chains, due to trade restrictions, and transportation interruptions. Ingredients and raw materials used in organic ice cream production were affected due to the supply chain disruption. Supply chain disruptions and increased transportation costs lead to higher production costs for organic ice cream manufacturers. This results in price increases for consumers.
Companies that export or import organic ice cream or its ingredients to and from Russia and Ukraine face difficulties due to trade restrictions or embargoes. This impacts global trade in the industry. Economic uncertainty and financial difficulties faced by consumers have influenced their purchasing behaviour. Some consumers have switched to less expensive ice cream options, while others continued to prioritize premium and organic products. Organic ice cream is not considered an essential commodity hence decreasing the demand for manufacturing and transportation of organic ice cream. The chairman of the National Dairy Development Board reported that sales of ice cream decreased by 50% during the pandemic.
The global organic ice cream market report would provide approximately 61 tables, 68 figures and 190 pages.
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