What is Chocolate Ice Cream- Market?
People have always loved chocolate ice cream as their preferred flavour of frozen treat. This category includes ice creams with both natural and artificial flavours that are offered to a wider customer base, regardless of geographic limitations. In factories, making chocolate ice cream follows a certain procedure. To create chocolate ice cream in large quantities, manufacturers utilise equipment that combine cocoa powder with cream, sugar, and eggs. Some of the leading companies or top brands use chocolate liquor with cocoa powder to make the chocolate taste significantly darker.
Highlights from Chocolate Ice Cream- Market Study
Nestle S.A., General Mills Inc., Unilever PLC, Jude’s Ice Cream, Straus Family Creamery, Halo Top Creamery and Gujarat Cooperative Milk Marketing Federation Ltd. are some of the key players profiled in the study.
|Unit||Value (USD Million)|
|Key Companies Profiled||Nestle S.A., General Mills Inc., Unilever PLC, Jude’s Ice Cream, Straus Family Creamery, Halo Top Creamery and Gujarat Cooperative Milk Marketing Federation Ltd.|
Chocolate Ice Cream- Market Segmentation:
|Type||Sticks/Bars, Cones, Cups, Tubs and Bricks|
|Distribution Channel||Supermarkets & Hypermarkets,Convenience Stores,Specialty Stores|
On the basis of geography, the market of Chocolate Ice Cream- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
The Growing Demand due to attractive Packaging and Marketing Purposes and The Rising Demand for the various Flavours
Market Growth Drivers:
Increasing popularity of Food products among the Young Generation
Stringent Government Regulation Related to the Food Products
rising health concerns on consuming artificial additives
Rapid urbanization and an increase in per capita disposable income
Key Target Audience
Chocolate Ice Cream Manufacturer, Suppliers, Distributors, Government Regulatory Bodies, Private Research Organization and Others
Market Leaders & Development Strategies
The Food Safety and Standards Authority of India (FSSAI) planned and imposed labeling requirements on frozen desserts back in 2020.
Food Union (Global Dairy Production and Distribution Group) launched over 100 novel dairy frozen goods in June 2020. and Dairy Day launched Dairy Day Plus, i.e., a range of ice cream products consisting of immunity-boosting ingredients, in June 2020.