Rockville , Sept. 19, 2023 (GLOBE NEWSWIRE) -- According to this latest Fact.MR industry analysis, expanding at a CAGR of 4.2%, the global artisanal ice cream market is projected to reach US$ 98 billion by the end of 2033.
Ice cream produced by hand by an artisan using traditional recipes and processes is referred to as ‘artisanal ice cream.’ Handcrafted without the use of any stabilizers, emulsifiers, artificial flavors, or preservatives, artisanal ice cream is produced from natural ingredients. Additionally, the desire for low-fat and sugar-free ice cream has increased due to consumer inclination towards a healthy lifestyle, propelling the market.
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For a distinctive flavor that isn't normally available in mass-produced ice cream, artisanal ice cream manufacturers widely use seasonal and local ingredients. The ice cream can be produced in small quantities and sold directly to clients in ice cream parlors or online.
One of the most popular food groups, chocolate is well known for its scent, texture, snap, and flavor. Most youngsters and teenagers want to include foods with a chocolate flavor in their diet. All ages of consumers are embracing and becoming very popular with artisanal ice cream with a chocolate flavor. Products become more sensory and healthier for consumers when chocolate is added to the nutritional elements.
Specialty stores prioritize the use of high-quality and premium ingredients in their artisanal ice cream. Consumers seeking superior taste and a heightened culinary experience are drawn to these stores for their commitment to quality.
| Report Attributes | Details |
| Value Projection (2033) | US$ 98 Billion |
| Growth Rate (2023-2033) | 4.2% CAGR |
| No. of Pages | 170 pages |
| No. of Tables | 84 Tables |
| No. of Figures | 112 Figures |
Key Takeaways from Market Study
- The global artisanal ice cream market is valued at US$ 65 billion in 2023.
- The market is forecasted to reach US$ 98 billion by 2033-end.
- North America leads the global market with 45% value share.
- Worldwide demand for artisanal ice cream is set to rise at a CAGR of 4.2% through 2033.
- Specialty stores account for 40% share overall sales.
“Artisanal ice cream is known for its handcrafted production methods, and specialty stores excel in providing an authentic experience. Consumers can witness the ice cream being made on-site or have direct interaction with the ice cream makers. This transparency and personal touch enhance the overall perception of quality and authenticity, creating a memorable experience for consumers and driving product demand,” says a Fact.MR analyst
Key Companies Profiled in This Report
- Boho Gelato
- Bi-Rite
- Jeni's Splendid Ice Creams
- Graeter's Ice Cream
- McConnell's Fine Ice Creams
- Artinci
- High Road Craft
- Fiasco Gelato
- The Saffron Ice Cream Company
Winning Strategy
Leading market players are being compelled to innovate and provide new flavors with great nutritional content as a result of the product's growing appeal among consumers of all ages and young people in particular. They are concentrating on creating production methods that can deliver superior product quality with a longer shelf life. Innovative flavor introductions are a crucial tactic used by some market participants to grow their market share.
For instance,
- A new vegan ice cream made with coconut was presented by Sucres Des Terres. Peanut butter ice cream has been introduced by Artinci Artisanal.
Country-wise Perspectives
How are sales of artisanal ice cream doing in the US?
The number of artisanal ice cream brands and shops has increased nationwide.
Specialty ice cream stores with a large selection of flavors that may be customized are starting to appear on the US market. Local manufacturers have contracts with meal delivery service partners to have the ice cream served to clients' homes. The country's abundance of raw milk is encouraging corporations to establish operations there, which is expected to increase the United States' share of the global ice cream industry.
Key Segments of Artisanal Ice Cream Industry Research Report
- By Flavor:
- Chocolate
- Vanilla
- Fruit & Nuts
- Others
- By Type:
- Conventional
- Lactose-Free
- By Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail Stores
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global artisanal ice cream market, presenting historical demand data (2018 to 2022) and forecast statistics for the period (2023 to 2033).
The study divulges essential insights on the artisanal ice cream market based on flavor (chocolate, vanilla, fruit & nuts, others), type (conventional, lactose-free), and distribution channel (supermarkets, hypermarkets, specialty stores, online retail stores, others), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).
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About Fact.MR:
Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we delivers deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empowers businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning. With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape.
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