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Ice Cream Production in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Ice Cream Production Market Research Report | NAICS 31152 | Sep 2015

Sweet innovation: Healthier products and less volatile inputs will spur industry growth

IBISWorld’s Ice Cream Production market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 10-15
-0.3%
Annual Growth 15-20
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Profit
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Employment
18,474
Businesses
373
Industry Analysis & Industry Trends

While ice cream production did not suffer significantly in the worst of the recession, manufacturers are shifting their focus to develop health-conscious and premium products that will boost demand and revenue. The prices of key inputs like milk and sugar will continue to threaten profit, but will be far less volatile than in previous years. Despite this threat, innovation will help companies develop products targeted toward healthier consumers, and rising incomes will support demand... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Ice Cream Production industry is in the mature stage of its life cycle. Industry value added (IVA), which measures an industry's contribution to the overall economy, is forecast to decline 0.1% over the 10 years to 2020. In comparison, GDP is projected to grow 2.5% per year on average over the same period. In addition to a lower growth rate when compared with GDP, this industry remains in its mature stage due to a saturated market, well-established products and steady product innovation.

The US ice cream market is saturated, with over 92.0% of American households purchasing ice cream for in-home consumption, according to figures from market research firm Packaged Facts... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Ice Cream Production Industry?

Operators in this industry make ice cream, frozen yogurt, sherbet, frozen tofu and other frozen desserts, except frozen bakery foods, which are included in the Bread Production industry (IBISWorld report 31181). The majority of raw inputs are sourced from the Dairy Farms industry (IBISWorld report 11212).

Industry Products
Bulk ice creamRegular retail ice creamNovelty ice creamLow-fat and nonfat ice creamOther frozen desserts
 
Industry Activities
Bulk ice creamNovelty ice cream Frozen fruit popsLow-fat and nonfat ice creamFrozen yogurtFlavored iceSherbetOther frozen desserts (except bakery)


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