Ice Cream Market | United States

In 2017 the ice cream market in the US generated revenues of 12.6 billion and had a CAGR of 1%. Overall, the market is forecast to have a more matured market for all the brands. Global ice cream production is currently valued at USD 57 billion, and is predicted to reach sales of USD 89 billion by 2022, with a CAGR of more than 4%. While the market is mature in the US, the industry has been growing steadily globally. Unilever holds a 17% share of the international market.

An increasing population, rising disposable income, and the frequent introduction of new flavors have led to an increase in ice cream’s popularity. In 2009the per capita consumption of ice cream was 14 pounds, versus 16.3 pounds in 2000. By 2020 the market is predicted to reach more than USD 29 billion, with a modest CAGR of 2%.

An increase in demand for ice cream products intended for home consumption is the primary driver of growth in this market. More retailers are also offering private label ice creams due to the increased availability of a broader range of lower-priced flavoring ingredients.

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Ben and Jerry's

  • Country : United States
  • Turnover : USD 132 million
  • Position : It is a premium ice-cream and sorbet manufacturing company. It operates globally as a subsidiary of Unilever.

Häagen-Dazs

  • Country : United States
  • Turnover : USD 2 billion
  • Position : The company was established by Reuben and Rose in 1961, and offered just three flavors at the time – vanilla, chocolate and coffee. The company now has franchises the world over.

Blue Bell Creameries

  • Country : United States
  • Turnover : USD 680 million
  • Position : The company was established in 1907 in Brenham, Texas. It has 50 sales and distributions centers throughout its 23-state sales territory and is home to over 2800 employees.

Breyers

  • Country : United States
  • Turnover : " USD 5.6 million "
  • Position : The company was manifested by William A Breyer in 1866. Unilever bought the company in the year 1993 and have made it a part of Gold Bond-Good Humor Ice Cream Company.

Turkey Hill

  • Country : United States
  • Turnover : USD 4.4 million
  • Position : Founded in 1931, Turkey Hill products are high-quality and reasonably priced.

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