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The artisan ice cream market share is expected to increase by USD 4.74 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.96%.
This artisan ice cream market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by distribution channel (offline and online) and geography (North America, APAC, Europe, South America, and MEA). The artisan ice cream market report also offers information on several market vendors, including Artinci Artisanal, Bi-Rite Creamery, General Mills Inc., Gracies Ice Cream, High Road Craft Brands, ROGUEICECREAM, The Saffron Ice Cream Co., Toscanini, and Van Leeuwen Ice Cream LLC among others.
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The launch of new products is notably driving the artisan ice cream market growth, although factors such as the rising number of lactose-intolerant people globally may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the artisan ice cream industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Artisan Ice Cream Market Driver
One of the key factors driving growth in the artisan ice cream market is the launch of new products. The successful launch of new products will help in increasing the revenue flow and market shares of vendors. For instance, Havmor Ice Cream Company Pvt. Ltd. has launched a range of artisanal ice cream, #MOR2GO. It is the first of its kind in the ice cream category, with an exclusive range of ice cream options placed in temperature-barrier packaging.
Key Artisan Ice Cream Market Challenge
The rising number of lactose-intolerant people globally will be a major challenge for the artisan ice cream market. Lactose intolerance refers to the inability of one's body to digest lactose, a type of sugar found in milk and other dairy products, including ice creams. This is primarily attributed to the shortage of lactase enzymes in the body, which are needed to break down lactose into simpler forms, such as glucose and galactose. The number of lactose-intolerant people is growing each year. Thus, many consumers opt for lactose-free products due to their health benefits. This, in turn, can affect the demand for artisan ice cream.
This artisan ice cream market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the artisan ice cream market encompasses successful business strategies deployed by the key vendors. The artisan ice cream market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The artisan ice cream market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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31% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for artisan ice cream in APAC. Market growth in APAC will be faster than the growth of the market in other regions.
This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The artisan ice cream market share growth by the offline segment will be significant during the forecast period. Industrial and commercial users prefer the offline distribution channel because of their highly customized and bulk product requirements. To increase sales through offline channels, players expand their product portfolios in the global, regional, and local markets. The increasing number of specialty stores that offer dairy products will aid in increasing the sale of artisan ice cream products through this distribution channel.
This report provides an accurate prediction of the contribution of all the segments to the growth of the artisan ice cream market size and actionable market insights on post COVID-19 impact on each segment.
Artisan Ice Cream Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.96% |
Market growth 2022-2026 |
$ 4.74 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.92 |
Regional analysis |
North America, APAC, Europe, South America, and MEA |
Performing market contribution |
APAC at 31% |
Key consumer countries |
US, China, Japan, Canada, and Russian Federation |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Artinci Artisanal, Bi-Rite Creamery, General Mills Inc., Gracies Ice Cream, High Road Craft Brands, ROGUEICECREAM, The Saffron Ice Cream Co., Toscanini, and Van Leeuwen Ice Cream LLC |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Distribution channel
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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