Product ID: UCMIG30I2303
Report ID:
UCMIG30I2303 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global market for ice cream parlors was valued at approximately $11.53 billion in 2022, and it is anticipated to experience a 5.1% compound annual growth rate (CAGR) from 2023 to 2030. Changing consumer tastes and a growing emphasis on luxurious, high-quality desserts have elevated premium ice cream to a favored option. Ice cream has evolved beyond being a simple treat and has transformed into a versatile dessert that caters to a diverse array of dietary needs and preferences. This sector has seen a surge in demand for options like low-fat, low-sugar, lactose-free, as well as vegan and plant-based alternatives, providing consumers with a wider selection than ever before.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Packaged Foods & Meats by segment aggregation, the contribution of the Packaged Foods & Meats in Food, Beverage & Tobacco and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG30I2303