The global artisanal ice cream products market was valued at USD 4.4 billion in 2021 and is projected to expand at a CAGR of 11.2% from 2022 to 2030. The growing demand for premium ice cream products is one of the primary factors driving the growth of the market. Moreover, the growing popularity of customized and flavored ice cream among consumers is expected to propel the demand for artisanal ice creams. Furthermore, the increasing demand for healthy and natural products and the growing trend of experiential marketing are also driving the market growth.

The growing number of players in the market is expected to accelerate the growth of the market. For instance, in October 2021, the U.S.-based Ben & Jerry’s launched an online store to provide its customers with the convenience of ordering ice cream online and getting it delivered to their doorstep. This move is expected to increase the brand’s presence among consumers and further push the demand for artisanal ice cream products.

Moreover, the increasing number of innovative product launches by vendors is expected to have a positive impact on the market. For instance, in October 2021, the U.S.-based ice cream manufacturer Jeni’s Splendid Ice Creams launched a new line of flavors, including Strawberry Buttermilk, Wildberry Lavender, and Brown Butter Almond Brittle. Furthermore, the growing trend of dairy-free ice cream is expected to create ample opportunities for market participants in the coming years.

The growing demand for organic ice creams is another factor propelling the growth of the market. Consumers are increasingly looking for organic ingredients in their ice creams, and manufacturers are responding by launching organic and natural ice cream products. For instance, in April 2021, the U.S.-based organic ice cream company Oatly launched its first range of vegan ice creams in the U.S. The range includes flavors such as Chocolate Fudge Brownie, Mint Chip, and Strawberry Jam.

Furthermore, the growing popularity of vegan and gluten-free ice creams is expected to accelerate the demand for artisanal ice cream products in the coming years. The increasing availability of vegan ice cream products is expected to drive the market growth. For instance, in April 2021, the U.S.-based vegan ice cream company Nice Cream launched a new range of vegan ice creams, including flavors such as Mint Chip, Chocolate Fudge Brownie, and Salted Caramel.

The traditional flavors segment accounted for the largest market share of around 32.3% in 2022. Increasing demand for artisanal ice cream products with traditional flavors has been growing rapidly in the past few years. Consumers are increasingly opting for traditional flavors as they are not only familiar but also nostalgic. Moreover, many brands are introducing new and innovative flavors with traditional flavors such as vanilla, chocolate, strawberry, and others. According to an article by Statista, in 2020, vanilla accounted for the highest market share of around 24% in the U.S. ice cream market.

The organic segment is expected to grow at the fastest CAGR of 10.8% over the forecast period. Growing health consciousness among consumers is one of the major factors driving the growth of the organic ice cream market. Furthermore, increasing availability of organic ice cream products through both online and offline channels has further bolstered the market growth. Consumers are increasingly opting for organic ice cream products due to health benefits associated with them. According to an article published by the Organic Trade Association, in 2019, organic ice cream sales increased by 12% in the U.S.

The supermarkets and hypermarkets segment captured the major share of over 31.2% in 2022. The availability of artisanal ice cream products in supermarkets and hypermarkets has created a significant demand from the consumer side. Supermarkets and hypermarkets provide a wide variety of products with attractive packaging and competitive pricing strategies. In addition, the sales have been further boosted by the growing number of private-label products. The rising demand for premium flavors among consumers is driving the growth of the supermarkets and hypermarkets segment.

The online segment is anticipated to expand at the highest CAGR of 12.2% over the forecast period. The rising penetration of the internet and the growing demand for convenience has led to a higher preference for online purchases over offline purchases. The increasing number of e-commerce websites and online stores has created a platform for artisanal ice cream manufacturers to sell their products and reach a wider audience. The companies are investing in digital marketing strategies to promote their products and create a brand presence.

The standard segment accounted for the largest revenue share of 72.3% in the year 2022. The increasing demand for standard artisanal ice creams among the customers due to their low cost is expected to drive the market. Furthermore, the availability of a wide range of standard flavors, such as chocolate, vanilla, and strawberry, makes them a popular choice among the consumers. Moreover, the easy availability of standard artisanal ice creams in supermarkets and grocery stores is further propelling the segment’s growth.

The premium segment is anticipated to expand at the highest CAGR of 10.5% over the forecast period. The increasing demand for premium artisanal ice creams due to their unique flavor combinations is expected to drive the market. Furthermore, the growing interest in trying out new flavors, such as salted caramel, cookies and cream, and brownie, is also likely to fuel the segment’s growth. Additionally, the growing trend of premiumization in the food and beverages industry is another factor driving the market.

Europe is the largest market for artisanal ice cream products, accounting for over 35% of the global market share in 2022. The region is home to several artisanal ice cream manufacturers and retailers, such as Ben & Jerry’s and Häagen-Dazs, who have become popular among consumers due to their unique flavors and high-quality ingredients. The presence of prominent players in the region has increased the visibility of these products, which has further boosted the demand.

North America is expected to witness the highest growth rate in the coming years due to the increasing demand for premium ice cream products among consumers. The region has witnessed a shift in consumer preferences from regular ice cream to artisanal ice cream due to the rising health consciousness among consumers. For instance, in January 2022, Jeni’s Splendid Ice Creams launched a new line of dairy-free ice cream in the U.S. This new product is made from vegan ingredients and is free from artificial flavors and preservatives.

In this part of the artisanal ice cream products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your ice cream products business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions

The main source of revenues for an artisanal ice cream products business comes from sales of ice cream, subscription services, catering services, and wholesale sales. Here, you will find a list with a description of each of them and other possible sources of profit such as custom orders and the sale of ice cream-related merchandise.

Projecting Expenses

In this section, all the regular expenses related to keeping the artisanal ice cream products business running will be described. The list of operating expenses includes ingredients and packaging costs, wages, utilities, insurance policies, advertising, and others.

Some of the key companies operating in the artisanal ice cream market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In April 2022, Ben & Jerry’s launched an artisanal ice cream line, offering a variety of flavors to cater to different tastes.

– In June 2022, Haagen-Dazs launched its artisanal ice cream line, offering unique flavors such as rosemary-maple and lavender-honey.

– In August 2022, Jeni’s Splendid Ice Creams launched a new line of artisanal ice creams, featuring flavors such as honey-lavender and pistachio-strawberry.

Some of the prominent players in the artisanal ice cream market include:

– Ben & Jerry’s
– Haagen-Dazs
– Jeni’s Splendid Ice Creams
– Breyers
– Blue Bell Creameries
– Edy’s
– Baskin-Robbins
– Dreyer’s Grand Ice Cream
– Nestlé
– Amul

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global artisanal ice cream products market based on product, distribution channel, type, and region:

1. Product Outlook (Revenue, USD Million, 2017 – 2030)

– Traditional Flavors
– Fruit Flavors
– Chocolate Flavors
– Others

2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Supermarkets & Hypermarkets
– Convenience Stores
– Online
– Others

3. Type Outlook (Revenue, USD Million, 2017 – 2030)

– Regular Ice Cream
– Low-Fat Ice Cream
– Non-Dairy Ice Cream

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

[Q]: What are the major factors driving the artisanal ice cream market?
[A]: The artisanal ice cream market is driven by increasing health consciousness among consumers and growing demand for premium and unique flavors. The demand for artisanal ice cream is also driven by the growing trend of experiential marketing, where manufacturers are promoting their products through interactive campaigns, such as pop-up stores, food trucks, and other creative initiatives. Moreover, the growing demand for low-fat, sugar-free, and organic ice cream is also fueling demand for artisanal ice cream.

[Q]: What are the major distribution channels for artisanal ice cream?
[A]: The major distribution channels for artisanal ice cream include supermarkets/hypermarkets, convenience stores, and online stores. Supermarkets/hypermarkets are the leading distribution channel for artisanal ice cream, as they offer a wide variety of products. Convenience stores are gaining popularity as a distribution channel for artisanal ice cream, as they are easily accessible and offer a wide range of products. Online stores are also becoming increasingly popular as they offer convenience and a wider selection of products.

[Q]: Which regions offer the largest opportunities for the artisanal ice cream market?
[A]: North America is expected to be the most lucrative region for the artisanal ice cream market, due to the presence of a large number of manufacturers and the presence of a large number of consumers. Europe is also expected to be a lucrative market, due to the presence of a large number of consumers, coupled with the growing demand for premium and unique flavors.

[Q]: What are the key product segments in the artisanal ice cream market?
[A]: The key product segments in the artisanal ice cream market include traditional, premium, and non-dairy ice cream. Traditional ice cream is the most popular product segment, as it is widely available and offers a wide variety of flavors. Premium ice cream is gaining in popularity, as it is made from high-quality ingredients and offers unique flavors. Non-dairy ice cream is also gaining in popularity, as it is healthier and offers a variety of flavors.

[Q]: Who are the key players in the artisanal ice cream market?
[A]: Some of the key players in the artisanal ice cream market include Unilever, Nestle, General Mills, Fonterra, Blue Bell Creameries, and Jeni’s Splendid Ice Creams. These companies are focusing on product innovation and different marketing strategies to gain a competitive advantage.