US Chocolate Ice Cream Market
ID: MRFR/F-B & N/11361-US | 100 Pages | Author: Garvit Vyas| December 2023
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In 2017, the part of the market that includes cups, tubs, and bricks was the most popular, making up 46.04% of the market share with a value of USD 1,847.5 million. It's expected to keep growing at a rate of 2.28% in the forecast period. The second-largest part of the market in 2017 was sticks/bars, and it was valued at USD 1,156.1 million. This segment is projected to grow at a rate of 2.78%. When it comes to where people buy ice cream, the biggest share in 2017 went to supermarkets and hypermarkets, making up 51.69% with a value of USD 2,074.2 million. This segment is expected to keep growing at a rate of 2.57%. Convenience stores made up another part of the market, valued at USD 1,083.4 million in 2017, and it's expected to grow at a rate of 1.92%. Let's break down the information a bit. In 2017, when it comes to the different types of packaging for ice cream, the cups, tubs, and bricks category was the most popular. This includes ice cream that comes in cups, larger tubs, or brick-shaped containers. It made up almost half of the market share at 46.04%, with a value of USD 1,847.5 million. Looking ahead, this category is expected to keep growing, and the forecast period suggests a growth rate of 2.28%. The second-largest category in 2017 was sticks/bars, which includes ice cream on sticks or in bar form. It was valued at USD 1,156.1 million and is projected to grow at a slightly higher rate of 2.78%. Now, let's talk about where people prefer to buy their ice cream. In 2017, the majority of ice cream purchases happened in supermarkets and hypermarkets, making up over half of the market share at 51.69%. This category had a value of USD 2,074.2 million in 2017, and it's expected to keep growing at a rate of 2.57%. On the other hand, convenience stores made up another part of the market, with a value of USD 1,083.4 million in 2017. While it's a significant portion of the market, it is expected to grow at a slightly lower rate of 1.92%. In summary, in 2017, cups, tubs, and bricks were the most popular forms of ice cream packaging, making up almost half of the market share. Sticks/bars were the second-largest category. When it comes to where people buy their ice cream, supermarkets and hypermarkets were the top choice, followed by convenience stores. Looking ahead, these trends are expected to continue with some growth in each category during the forecast period.
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