Global Ice Cream Parlor Market – Industry Trends and Forecast to 2031

Global Ice Cream Parlor Market, Product (Traditional Ice Cream, Artisanal Ice Cream), By Type (Independent, Branded/Franchise) – Industry Trends and Forecast to 2031.

Ice Cream Parlor Market Analysis and Size

The ice cream parlor market is primarily driven by consumer preferences for indulgent and innovative flavors, as well as the demand for premium and artisanal offerings. Changing lifestyles and a growing inclination toward experiential dining contribute to the popularity of ice cream parlors as social destinations. Marketing strategies emphasizing unique and high-quality ingredients, coupled with creative presentations, attract customers seeking diverse taste experiences. The global rise in disposable incomes and the pursuit of novel dessert experiences further fuel the growth of the ice cream parlor market, making it a dynamic and evolving segment within the broader food and beverage industry.

Data Bridge Market Research analyzes that the global ice cream parlor market which was USD 13,194.0 million in 2023, will reach USD 22,759.2 million by 2031, and is expected to undergo a CAGR of 7.1% during the forecast period. “Traditional ice cream” dominates the type segment of the market due to its enduring popularity in ice cream parlors stems from its broad appeal and nostalgic association, offering consumers a reliable and authentic dessert experience. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Market Definition

An ice cream parlor is a type of retail store where the main products sold are frozen desserts and ice cream. These places frequently provide a wide range of ice cream flavors, toppings, cones, cups, and sundaes as serving options. In addition to serving ice cream, ice cream parlors may also provide milkshakes, floats, and ice cream cakes. An ice cream parlor's ambiance is usually upbeat and welcoming to families, giving them a comfortable setting in which to enjoy their frozen sweets.

Global Ice Cream Parlor Market Dynamics

Drivers

• Growing Consumer Demand

The burgeoning consumer demand for diverse and premium ice cream flavors is a driving force behind the thriving ice cream parlor market. As consumer palates become more sophisticated and adventurous, there is a growing appetite for a diverse range of innovative and unique ice cream flavors. Ice cream parlors, recognizing this shift in preferences, respond by continually expanding their flavor offerings, introducing exotic combinations, and experimenting with novel ingredients. The quest for premium quality further fuels this trend, with customers seeking artisanal craftsmanship, high-quality ingredients, and elevated taste experiences.

•  Continuous innovation in flavors, presentations, and menu offerings.

In the fiercely competitive landscape of the ice cream parlor market, continuous innovation in flavors, presentations, and menu offerings stands as a key driver propelling success. The diversity and uniqueness of flavor options create a sense of excitement, encouraging customers to explore novel taste experiences. Seasonal and limited-time offerings add an element of exclusivity, prompting regular visits in anticipation of fresh and innovative choices. Health-conscious options cater to a broader audience, adapting to changing consumer preferences and dietary considerations.

Opportunities

• Growing Market for Artisanal and Premium Ice Cream Varieties

The growing market for artisanal and premium ice cream varieties presents a significant opportunity for the ice cream parlor market. Consumers are increasingly seeking unique and high-quality ice cream experiences, and artisanal and premium offerings cater precisely to this demand. Artisanal ice creams often involve handcrafted production methods, superior ingredients, and distinctive flavors, providing a level of quality and authenticity that sets them apart from mass-produced alternatives.

• Expansion of Online Sales and Delivery Services

The increasing opportunity within the ice cream parlor market lies in the strategic expansion of online sales and delivery services. By embracing e-commerce, these establishments make their delectable offerings more accessible, allowing customers to conveniently indulge in their favorite flavors from the comfort of their homes. Online sales and delivery services align with the growing demand for convenience, providing an additional revenue stream while diversifying business operations.

Restraints/Challenges

• Rising awareness of health issues

The rising awareness of health issues is exerting a restraining influence on the demand for traditional ice cream within the ice cream parlor market. As consumers become more health-conscious, there is a discernible shift in preferences towards healthier and more mindful dietary choices. Traditional ice creams, often characterized by high sugar and fat content, are increasingly viewed with caution by a segment of the market that is prioritizing wellness and nutrition.

•  Seasonal Variations Affecting Demand and Revenue Consistency

The impact of seasonal variations on demand and revenue consistency poses a significant restraint within the ice cream parlor market. Ice cream consumption is often subject to fluctuations based on weather patterns and seasonal preferences. During warmer months, there tends to be a surge in demand as customers seek refreshing treats, while colder seasons may experience a decline in ice cream sales.

This ice cream parlor market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ice cream parlor market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market. It delivers information by considering the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In April 2023, Milky Mist Dairy, an Indian manufacturer of dairy products, launched a new range of premium ice creams with classic and exotic flavors made from high-quality ingredients in various package sizes
• In February 2023, Cold Stone Creamery, in collaboration with Reese, launched Reese-inspired ice creams like Reese’s Take 5 peanut butter ice cream and Reese’s Peanut Butter Cup ice cream. The company also launched marshmallow-flavored ice cream

Global Ice Cream Parlor Market Scope

The ice cream parlor market is segmented on the basis of product and type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Traditional Ice Cream
• Artisanal Ice Cream

Type

• Independent
• Branded/Franchise

Global Ice Cream Parlor Market Regional Analysis/Insights

The ice cream parlor market is analysed and market size insights and trends are provided by country, product and type as referenced above.

The countries covered in the ice cream parlor market report are U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and rest of Middle East and Africa

Asia-Pacific is expected to dominate the market due to the increasing demand for high-end ice creams. The changing consumption habits of consumers and the vast diversity in the region have led to the demand for varied flavor combinations and innovative ice creams within the region.

Europe is expected to witness significant growth during the forecast period of 2024 to 2031 due to the innovation in ice creams and new product development.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Global Ice Cream Parlor Market Share Analysis

The ice cream parlor market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the ice cream parlor market.

Some of the major players operating in the ice cream parlor market are:

• 3D Systems, Inc. (U.S.)
• Baskin-Robbins (U.S.)
• D.Q. Corp. (U.S.)
• Cold Stone Creamery (Kahala Franchising, LLC. (U.S.)
• Ben & Jerry's Homemade Inc. (U.S.)
• Häagen-Dazs (U.S.)
• Amorino (France)
• Ghirardelli Chocolate Company (U.S.)
• Marble Slab Creamery (U.S.)
• Cream Stone (India)
• Natural Ice Creams (India)