Global Ice Lollies Market, By Flavour (Chocolate, Fruit, Vanilla, Others), Category (Impulse, Take-Home, Artisanal), Product Type (Cup, Stick, Cone, Brick, Tub, Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Ice Cream Parlours, Online Stores, Others), – Industry Trends and Forecast to 2029.
Market Analysis and Size
Ice cream/Ice lollies is one of the oldest desserts, with commercial production beginning in the early 1850s with the establishment of the first large-scale manufacturing plant in Baltimore, Maryland. Since then, rapid advances in logistics and manufacturing processes have allowed manufacturers to sell ice cream in nearly every restaurant, supermarket, and corner store.
Data Bridge Market Research analyses that the ice lollies market was valued at USD 62.8 billion in 2021 and is expected to reach the value of USD 107.50 billion by 2029, at a CAGR of 6.95% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Flavour (Chocolate, Fruit, Vanilla, Others), Category (Impulse, Take-Home, Artisanal), Product Type (Cup, Stick, Cone, Brick, Tub, Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Ice Cream Parlours, Online Stores, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Chr. Hansen Holding A/S (Denmark), MORINAGA & CO., LTD (Japan), DSM (Netherlands), Kerry (Ireland), Lallemand Inc. (Canada), Lonza (Switzerland), Hain Celestial (US), Wells Enterprises (U.S), General Mills Inc. (US), Unilever (U.K), Nestlé SA (Switzerland), Kellogg Co. (U.S), Dnb.co.in. (U.S), Conagra Brands, Inc. (US), Unipex Dairy Products Co. Ltd (UK), Danone SA (Switzerland), ADM (U.S), Daiya Foods Inc. (Canada)
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Opportunities
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Market Definition
Ice lollies, also known as ice pops or popsicles, are fruit-flavoured milk or water-based frozen snack foods sold on a stick or in a cube shape. It differs from ice cream in that it is frozen while the flavours have been incorporated into the base of milk or water without the formation of ice. The stick is used to keep the food in place while it is consumed.
Ice Lollies Market Dynamics
Drivers
- Rising popularity of low-fat desserts
In the coming years, the growing demand from the health and fitness enthusiast population for low sugar, low processed ingredient based, and label free desserts will positively affect the growth of the global ice-lollies market. Furthermore, rising consumption of non-dairy desserts, Keto-friendly ice cream cakes, and fruit bars for various purposes (snacks, protein, energy, etc.) propels demand and positively affects sales in the global ice-lollies market.
- Rising disposable income and rising urbanisation
Aside from that, retail channels such as hypermarkets, supermarkets, convenience stores, discounters, forecourt retailers, and grocery stores serve as global marketing tools, assisting in the development of an impressive premium image and increasing brand exposure for a wide range of ice-lollies products. The expansion of these retail channels contributes to the expansion of the ice-lollies market.
Furthermore, the rise in demand for innovative products and the development of lactose-free ice-lollies provide opportunities for the ice-lollies market to grow.
Opportunity
Increasing ice-lollies sales, primarily through online platforms, as online retailers offer a wide variety of ice-lollies which will accelerate the ice-lollies market's growth rate. Furthermore, rising R&D activities and increasing modernization in new products on the market will create new opportunities for the ice lollies market during the forecast period.
Restraints
However, growing consumer concerns about the product's high sugar and fat content will slow market growth. Furthermore, the negative impact of COVID-19 on production and supply chain will impede the market's overall growth. Furthermore, the availability of substitutes and the entry of new players will pose additional challenges to the ice-lollies market over the forecast period of 2022 to 2029.
This ice lollies market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, 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 Lollies market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Ice Lollies Market
The ice-lollies industry suffered during COVID-19 as a result of supply chain disruptions, primarily due to logistical restrictions on trucking and shipping, which impacted ice-lollies sales. Furthermore, the shortage of the large labour force required in manufacturing units and the disruption of on-premise sales through specialty stores, supermarkets, and convenience stores as a result of subsequent lockdowns and retail store closures impacted market sales. Despite taking a major hit as a result of the pandemic, several companies reported that the industry will see a significant increase in the take-home consumption segment by the end of 2020.
Global Ice Lollies Market Scope
The ice lollies market is segmented on the basis of flavour, category, product type and distribution channel. 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.
Category
- Impulse
- Take-Home
- Artisanal
Product type
- Cup
- Stick
- Cone
- Brick
- Tub
- Others
Flavour
- Chocolate
- Fruit
- Vanilla
- Others
Packaging Type
- Cup
- Stick
- Cone
- Brick
- Tub
- Others
Distribution channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Health Food Stores
- Ice Cream Parlours
- Online Stores
- Others
Ice Lollies Market Regional Analysis/Insights
The ice lollies market is analysed and market size insights and trends are provided by country, flavour, category, product type and distribution channel as referenced above.
The countries covered in the ice lollies market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The Asia-Pacific region dominates the ice lolly market due to a growing number of health-conscious consumers who avoid its consumption, rising demand for ice creams from younger demographics and the emerging middle class, rising demand for premium products, and rising availability of various flavoured ice creams.
Latin America and the Middle East and Africa (MEA) are expected to be the fastest growing regions in terms of ice lollies market growth, owing to rising demand for ice cream from younger demographics and an emerging middle class in these regions.
The country section of the report also provides individual market impacting factors and changes in market regulation 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, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Ice Lollies Market Share Analysis
The ice lollies market competitive landscape provides details by competitor. 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 ice lollies market.
Some of the major players operating in the ice lollies market are:
- Chr. Hansen Holding A/S (Denmark)
- MORINAGA & CO., LTD (Japan)
- DANONE (France)
- DSM (Netherlands)
- Kerry (Ireland)
- Lallemand Inc. (Canada)
- Lonza (Switzerland)
- Hain Celestial (US)
- Wells Enterprises (U.S)
- General Mills Inc. (US)
- Unilever (U.K)
- Nestlé SA (Switzerland)
- Kellogg Co. (U.S)
- Dnb.co.in. (U.S)
- Conagra Brands, Inc. (US)
- Unipex Dairy Products Co. Ltd (UK)
- Danone SA (Switzerland)
- ADM (U.S)
- Daiya Foods Inc. (Canada)
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