Ice Cream Makers Market

• Growing popularity of ice cream as an ideal dessert and growing sustainability and ethical practices are driving the market growth

Market CAGR for ice cream makers is driven by the growing popularity of ice cream as an ideal dessert and growing sustainability and ethical practices. In recent years, ice cream has emerged as one of the most beloved desserts worldwide, a trend expected to persist in the foreseeable future. One of the key factors driving its popularity is the versatility it offers, allowing people to customize their treats with an array of toppings and flavors. Manufacturers have the flexibility to incorporate various ingredients into ice cream recipes, enhancing both nutrition and appeal.

Ice cream companies play a significant role in bolstering the U.S. economy, contributing over $13 billion directly and supporting approximately 29,000 direct jobs, which generate $1.8 billion in direct wages, as per IDFA’s Dairy Delivers report. In 2021 alone, ice makers in the U.S. produced over 1.3 billion gallons of ice cream. While vanilla, chocolate, strawberry, butter pecan, and mint chocolate chip are among the popular flavors in the United States, chocolate remains a consumer favorite.

In 2021, 17% of U.S. consumers expressed a preference for chocolate flavor, followed by vanilla at 15%, and strawberry and mint chocolate chip tied at 8% each. Half-gallon containers were the preferred choice for nearly half of consumers, while approximately 23% opted for pint-sized portions.

Ice cream manufacturers that embrace sustainable and transparent practices not only meet consumer demands but also distinguish themselves in a competitive market, appealing to environmentally conscious consumers. As a result, it is anticipated that throughout the projection period, demand for the Ice Cream Makers Market will increase due to the growing popularity of Ice Cream as an Ideal Dessert and Growing Sustainability and Ethical Practices. Thus, driving the Ice Cream Makers Market revenue.

The Global Ice Cream Makers Market Industry is projected to experience substantial growth in the coming years. With a market value of 85758.7 USD Billion in 2024, it is anticipated to reach approximately 142144.1 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 4.7% from 2025 to 2035. Such projections indicate a robust demand for ice cream products, driven by various factors including consumer preferences, technological advancements, and the expansion of distribution channels. The market's evolution reflects changing consumer behaviors and preferences, positioning it for continued success in the global landscape.

Health consciousness among consumers significantly influences the Global Ice Cream Makers Market Industry. There is a growing preference for healthier alternatives, such as low-calorie, dairy-free, and organic ice creams. This shift is driven by increased awareness of dietary choices and their impact on health. Manufacturers are responding by developing products that cater to these preferences, which could potentially enhance market growth. The introduction of functional ingredients, such as probiotics and superfoods, aligns with this trend. As the market evolves, it is anticipated that health-oriented products will capture a larger share, contributing to the industry's projected CAGR of 4.7% from 2025 to 2035.

The Global Ice Cream Makers Market Industry benefits from the expansion of distribution channels, which enhances product accessibility. The rise of e-commerce platforms and the growth of retail chains facilitate the availability of diverse ice cream products to consumers. This trend is particularly evident in urban areas, where consumers seek convenience and variety. Additionally, partnerships between manufacturers and retailers enable better market penetration and brand visibility. As distribution networks continue to evolve, they are likely to support the industry's growth, ensuring that a wider range of ice cream products reaches consumers effectively.

The Global Ice Cream Makers Market Industry experiences a notable surge in demand for premium and artisanal ice cream products. Consumers increasingly seek high-quality ingredients and unique flavors, which drives manufacturers to innovate and diversify their offerings. This trend is reflected in the projected market value of 85758.7 USD Billion in 2024, as consumers are willing to pay a premium for gourmet experiences. The growth of specialty shops and online platforms further supports this demand, allowing consumers to access a wider variety of premium products. As a result, the industry is likely to witness a shift towards more sophisticated ice cream options.

Technological innovations play a crucial role in shaping the Global Ice Cream Makers Market Industry. Advances in production techniques, such as improved freezing methods and automated processes, enhance efficiency and product quality. These technologies enable manufacturers to produce ice cream with better texture and flavor consistency, appealing to discerning consumers. Moreover, the integration of smart technology in ice cream makers allows for customization and precision in production. As these advancements become more prevalent, they are likely to drive market growth, facilitating the industry's expansion towards an estimated value of 142144.1 USD Billion by 2035.

The increasing popularity of plant-based diets significantly impacts the Global Ice Cream Makers Market Industry. As more consumers adopt vegan and vegetarian lifestyles, the demand for plant-based ice cream alternatives rises. This trend is not only driven by dietary preferences but also by ethical and environmental considerations. Manufacturers are responding by developing a range of dairy-free ice creams made from ingredients like almond, coconut, and oat milk. This diversification caters to a broader audience and aligns with the industry's growth trajectory. The expansion of plant-based offerings is expected to contribute positively to the overall market dynamics in the coming years.

By region, the study provides market insights into North America, Europe, Asia-Pacific, and Rest of the World. The anticipated expansion of the Ice Cream Makers market in North America can be attributed to several key factors. The surge in ice cream consumption can be attributed to several factors, including the increased availability of technologically advanced machinery and the thriving dairy industry. With changing dietary habits and growing disposable income, there has been a notable increase in the consumption of dairy products like ice cream across the United States, a trend expected to persist in the foreseeable future.

According to the International Dairy Foods Association (IDF), the average American consumes approximately 23 pounds of ice cream and related frozen desserts annually. Health-conscious consumers are driving the popularity of low-calorie (150 calories per serving) or sugar-free ice cream options compared to traditional varieties. Consequently, regular ice cream consumption saw a decline of 9% until 2021 compared to previous years, while low-fat ice cream consumption rose by 20%. As of 2021, nearly 74% of the US population indulges in ice cream at least once a week, often opting to enjoy it at home.

Furthermore, 84% of Americans purchase ice cream from grocery stores to consume at home.

Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: ICE CREAM MAKERS MARKET SHARE BY REGION 2023 (USD Billion)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe's Ice Cream Makers Market accounts for the second-largest market share as Europe stands as a mature market for ice cream, renowned for its rich tradition of indulging in frozen delicacies. The region hosts a diverse array of artisanal and premium ice cream brands, catering to consumer preferences for classic flavors and top-quality ingredients. Moreover, there is a burgeoning demand for healthier and organic ice cream options fueled by health-conscious consumers. In 2022, EU countries exported 250 million kilograms (kg) of ice cream to non-EU nations, amounting to a total value of €930 million.

Conversely, imports of ice cream from non-EU countries stood at 61 million kg, valued at €203 million. Extra-EU ice cream imports witnessed a 14% decline in 2022 compared to 2021, whereas exports experienced only a 2% decrease. Notably, France emerged as the largest ice cream exporter among all EU nations, shipping 53 million kg of ice cream in 2022, constituting 21% of extra-EU ice cream exports. This surpassed exports from the Netherlands (42 million kg; 17% of total extra-EU exports), Italy (31 million kg; 13%), Germany (28 million kg; 11%), and Belgium (23 million kg; 9%).

Further, the German Ice Cream Makers Market held the largest market share, and the UK Ice Cream Makers Market was the fastest growing market in the European region.

The Asia-Pacific Ice Cream Makers Market is expected to grow at the fastest CAGR from 2024 to 2032. Rapidly advancing economies like China and India are experiencing a burgeoning middle class with increased disposable income, leading to a surge in ice cream consumption. In 2021, the Indian packaged foods market witnessed a sales volume of approximately 3298 thousand metric tons for ice cream and frozen desserts. While there was a consistent uptick in sales volume from 2012 onwards, 2020 marked the first decline.

Consumers in Asia are renowned for their adventurous tastes, driving demand for exotic and unique ice cream flavors. Furthermore, there's a growing fascination with premium and imported ice cream brands. Local preferences across Asia vary widely, ranging from traditional Asian flavors to Western-style offerings.

Alongside traditional dairy-based ice cream, there's a rising market for plant-based alternatives. According to IBEF, the increasing demand for vegan snacks and confectionaries is propelling the expansion of India's vegan industry. By 2030, the vegan food sector is projected to comprise 7.7% of the global protein market, estimated at US$162 billion. Moreover, China’s Ice Cream Makers Market held the largest market share, and the Indian Ice Cream Makers Market was the fastest-growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development to expand their product lines, which will help the Ice Cream Makers market grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Ice Cream Makers industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global ice cream maker industry to benefit clients and increase the market sector. In recent years, the ice cream maker industry has offered some of the most significant advantages to the dessert and food service sectors. Major players in the Ice Cream Makers Market, including Tekno-Ice, Catta 27, Vojta, DONPER, Ice Group, Big Drum Engineering GmbH, Guangshen, MKK, Gram Equipment, Tetra Pak are attempting to increase market demand by investing in research and development operations.

Tetra Pak, a subsidiary of Tetra Laval International SA, specializes in providing comprehensive solutions for processing and packaging. Their offerings encompass a wide array of food products, ranging from juices and nectars to dairy items, ice creams, prepared foods, cheeses, fruits, spirits, and wines. Tetra Pak also supplies various processing equipment such as evaporators, heat exchangers, aseptic processing systems, separators, homogenizers, and flow equipment. They develop and market distribution equipment like film wrappers, cardboard packers, and conveyors.

Additionally, Tetra Pak offers complete machine lines, which include equipment, engineering, installation, design, project management, and related services. Their products are distributed through a network of subsidiaries, marketing offices, and sales offices spanning the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. The company's headquarters are located in Lausanne, Waadt, Switzerland.

Tekno-Ice is a prominent leader in the production of semi-industrial and industrial ice cream manufacturing equipment. With a comprehensive range of offerings, Teknoice can cater to various customer needs, spanning from semi-industrial to industrial-scale operations. Their complete production lines encompass every stage of the process, including pasteurizing plants, continuous freezers, ice cream filling machines, extrusion lines, hardening tunnels, and wrapping machines. Teknoice adheres to UNI EN ISO 9001:15 standards, ensuring rigorous monitoring of all processes at every level to maintain consistently high-quality standards.

In May 2021, ITAGO SGR (ITAGO) successfully acquired 81.6% of Teknoice S.r.l. (TEKNOICE), solidifying its position as the Italian leader and the third-largest global player in machinery and equipment for industrial ice cream production and confectionery. With an impressive annual revenue of €23 million and a worldwide customer base, Teknoice, headquartered in Buccinasco (MI), exemplifies top-notch Italian technology in refrigeration, mixing, extrusion, hardening, and wrapping of various ice cream products, including sticks, cones, bars, and bulk orders.