Ice cream market size | Insights, Trends & Growth Analysis 2025

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Code: MTA10052

Publication Date: Oct 2025

What is the size of Ice Cream Market?

According to 6Wresearch internal database and industry insights, the Global Ice cream Market was valued at USD 80 Billion in 2024 and is expected to reach USD 118.5 Billion by 2031, growing at a compound annual growth rate of 5.70% during the forecast period (2025-2031).

The key drivers of this growth include rising demand for premium and artisanal ice creams, advancements in flavours and ingredients, increasing disposable incomes, and consumer sentiment towards indulgent and health-oriented frozen desserts.

Growth Factors for Ice Cream Industry

Increasing consumer demand for premium and/or craft-style ice creams.
Expansion of low-fat, sugar-free, and plant-based ice cream alternatives.
Growing urbanisation and changing consumer lifestyles support dessert consumption.
Continued development of product formats such as convenience packaging and portion sizes.
Rise of online delivery channels and quick-service locations.

Ice Cream Market Trends

The Ice Cream Market trends reveal an emerging popularity of functional and health-focused varieties of ice creams such as those that contain protein or are dairy-free. Manufacturers are reacting to changing consumer demands by adopting natural ingredients, clean labels, and sustainable sourcing. Seasonal and limited-edition flavor launches are being used as the primary marketing strategy. Additionally, the growing 'on-the-go' snack culture, and the proliferation of digital marketing, is also changing how brands engage with younger consumers and increase repeat purchases.

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Emerging Developments in the Ice Cream Market

The Ice Cream Market developments include advancements in manufacturing technologies enabling smoother textures and extended shelf life. Companies are introducing plant-based formulations and lactose-free options to cater to dietary diversity. Premiumization is further driving innovation with exotic flavours and ethical sourcing practices. Partnerships with e-commerce platforms and cloud kitchens are expanding distribution reach, while sustainable packaging initiatives are gaining attention to align with eco-conscious consumer trends.