The ice cream parlour market is projected to reach a value of USD 20,411.6 million in 2024 and is expected to exceed USD 92,401.1 million by 2034. The growing demand for richly flavored ice creams is anticipated to be a key driver of market growth throughout the forecast period.
The rising demand for new ice cream flavors, coupled with evolving consumer preferences globally, is expected to create profitable opportunities for the market in the coming years. With continued expansion, the market shows strong growth potential for manufacturers.
The growth of distribution channels, including the rise of eCommerce, is set to further boost the market during the forecast period. Online availability has made it easier for consumers to explore a diverse range of flavors and brands, reaching a wider geographic audience. Additionally, the introduction of innovative flavors and creative packaging has significantly contributed to the market’s expansion.
As consumer preferences evolve, there is a growing focus on rich, high-quality desserts, with premium ice cream becoming increasingly popular. Ice cream is now viewed not just as an indulgence, but as a versatile dessert that caters to a variety of dietary needs.
There is also a noticeable rise in demand for healthier options, including low-fat, low-sugar, and lactose-free varieties, as well as vegan and plant-based alternatives, providing consumers with a broader range of choices.
Key Takeaways from the Market Study
- The global ice cream parlor market is estimated to register a CAGR of 4.90% with a valuation of 92,401.1 million by 2034.
- The United States is anticipated to dominate the global market by registering a 2.70% CAGR during the forecast period.
- The market is China is expected to grow at a 6.60% CAGR through 2034.
- Australia is anticipated to secure a CAGR of 4.40% in the global market during the forecast period.
Country-wise Ice Cream Parlor Market Outlook, 2024-2034
| Countries | CAGR (2024 to 2034) |
| United States Ice Cream Parlour Market | 2.70 % |
| Indian Ice Cream Parlour Industry Share | 7.10 % |
| German Ice Cream Parlour Market Size | 4.20 % |
| Chinese Ice Cream Parlour Industry Overview | 6.60 % |
| Australia Ice Cream Parlour Market | 4.40 % |
Competitive Landscape
Manufacturers are capitalizing on collaborations, mergers, acquisitions, and other strategic partnerships to strengthen their market presence. Key players are increasingly leveraging these collaborations to drive growth and innovation.
In addition, manufacturers are focusing on building strong brand identities through targeted marketing strategies to foster customer loyalty. Efforts to enhance manufacturing processes, invest in automation, and optimize supply chains are also underway, aiming to increase production capacity and meet the rising demand.
Recent Developments in the Ice Cream Parlour Market
- In 2023, Sunny Honey Home is a new flavor created by Ben & Jerry’s in collaboration with The Entrepreneur Refugee Network (TERN). This one-of-a-kind mix was created to generate revenue and promote the economic aims of refugees in the United Kingdom.
- In 2023, Cold Stone Creamery and Reese collaborated to create Reese-inspired ice creams such as Reese’s Take 5 peanut butter ice cream and Reese’s Peanut Butter Cup ice cream. Furthermore, the company introduced marshmallow-flavored ice cream.
- In 2023, Baskin-Robbins reopened its outlet in Bay City, Michigan. The store closed in December 2022 and was looking for new owners. Since its reopening, the business has seen massive growth and customer demand.
- In 2022, Amorino introduced three organic sorbet flavours: tangerine acerola, blueberry açai, and blood orange ginger.
Key Players in the Ice Cream Parlour Market
- Baskin-Robbins
- Häagen-Dazs
- D.Q. Corp.
- Ben & Jerry’s Homemade, Inc.
- Amorino
- Ghirardelli Chocolate Company
- Marble Slab Creamery
- Cream Stone
- Cold Stone Creamery (Kahala Franchising, LLC.).
- Marble Slab Creamer
- Natural Ice Creams
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Key Segments in the Ice Cream Parlour Market
By Type:
- Independent
- Branded/Franchise
By Product Type:
- Artisanal
- Traditional
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
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