PUBLISHER: SkyQuest | PRODUCT CODE: 1633692
PUBLISHER: SkyQuest | PRODUCT CODE: 1633692
Global Artisanal Ice Cream Market size was valued at USD 63.6 billion in 2023 and is poised to grow from USD 66.27 billion in 2024 to USD 92.1 billion by 2032, growing at a CAGR of 4.2% during the forecast period (2025-2032).
Artisanal ice creams are experiencing a surge in popularity, driven by consumer demand for natural ingredients without additives like emulsifiers or artificial flavors. These traditional treats are evolving to include nutritious components, such as fruits and dry fruits, appealing to health-conscious consumers seeking organic options. As more people adopt holistic lifestyles, interest in sugar-free artisanal ice creams is rising significantly, with unique flavors even incorporating vegetables. Distribution of these products is expanding beyond specialty stores to hypermarkets, supermarkets, and online platforms, reflecting the growing trend of e-commerce. With increasing internet and mobile usage, the online sales channel is expected to grow rapidly in the coming years, further enhancing the market presence of artisanal ice creams.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Artisanal Ice Cream market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Artisanal Ice Cream Market Segmental Analysis
Global Artisanal Ice Cream Market is segmented by Type, Flavour, Distribution Channel and region. Based on Type, the market is segmented into Lactose-free and Conventional. Based on Flavour, the market is segmented into Chocolate, Vanilla, Fruit & Nuts and Others. Based on Distribution Channel, the market is segmented into Convenience Stores, Specialty Stores, Hypermarket & Supermarket and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Artisanal Ice Cream Market
The global artisanal ice cream market is experiencing growth driven by increasing health awareness among consumers, who are seeking healthier alternatives in the food and beverage sector. As people become more concerned about nutrition and dietary choices, there is a clear demand for tasty products that boast high nutritional value. This shift towards healthier snacking options has created an appetite for artisanal ice creams that are free from preservatives, artificial flavors, and harmful ingredients, catering to specific health issues like diabetes and allergies. Consequently, this trend has led to a diversification in the market, where consumers increasingly prefer hand-crafted ice creams rich in natural ingredients and flavors, thereby enhancing their nutritional profile and creating opportunities for marketers.
Restraints in the Global Artisanal Ice Cream Market
A significant challenge confronting the Global Artisanal Ice Cream market is the rising prevalence of lactose intolerance among consumers. With an increasing number of individuals diagnosed each year, many are opting for lactose-free alternatives due to their health benefits. This shift in consumer preferences poses a potential threat to the demand for traditional artisanal ice cream, as those affected by lactose intolerance may seek out other options that accommodate their dietary restrictions. Consequently, the growing awareness and adoption of lactose-free products may hinder the overall market growth of artisanal ice cream, necessitating a strategic response from producers to diversify their offerings.
Market Trends of the Global Artisanal Ice Cream Market
The global artisanal ice cream market is experiencing significant growth, driven by innovative product launches that cater to evolving consumer preferences. New offerings, such as Havmor Ice Cream Company Pvt. Ltd.'s #MOR2GO line, which features a diverse array of unique flavors in temperature-controlled packaging, are enhancing market visibility and revenue streams for vendors. This trend is indicative of a broader shift towards premium, customizable treats, appealing to health-conscious and gourmet consumers alike. As brands increasingly focus on quality ingredients and experiential flavors, the artisanal ice cream segment is poised for continued expansion, reflecting a dynamic and competitive landscape.