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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 | Aug 2016

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

IBISWorld’s Ice Cream Production market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 11-16
1.2%
Annual Growth 16-21
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Profit
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Employment
17,839
Businesses
422
Industry Analysis & Industry Trends

Shifts in consumer tastes have hampered performance for the Ice Cream Production industry over the past five years. In response to these trends, industry operators have introduced new brands or reformulated their existing frozen-dessert lines with higher-quality ingredients. Despite stagnant volume sales for most of the five-year period, plummeting milk and sugar prices in recent years have helped boost profit margins across the industry as a whole. Over the five years to 2021, the industry is forecast to decline steadily as demand for the industry's largest product segment continues to wane in line with rising health consciousness. Conversely, the development of nutritious frozen treats and innovative flavors will drive demand for premium and super-premium ice cream brands... purchase to read more

Industry Report - Industry Investment Chapter

The Ice Cream Production industry displays a moderate level of capital intensity. Using wages as a proxy for labor and depreciation as a proxy for capital, IBISWorld estimates that for every dollar spent on labor in the industry, $0.30 will be spent on capital in 2016. Most modern manufacturing plants require high levels of capital expenditure to improve productivity without increasing labor. Machines include mixers and freezers that automatically control mixing speeds and temperatures. However, the production process still requires manual labor to operate the machines.

Over the past five years, depreciation has risen as existing producers have upgraded their machines while new enterprises have purchased new facilities and equipment... 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 creamIce cream in retail packagingFrozen noveltiesLow-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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