Industry Analysis & Industry Trends
The Ice Cream and Gelato Store Franchises industry has been in slow decline during the five years to 2013. Several factors have been influencing demand for ice cream and gelato, especially the increasing health consciousness of consumers, higher input costs and the emergence of frozen yogurt. This is because health conscious consumers are less likely to purchase ice cream and gelato. Furthermore, frozen yogurt has gained popularity as a substitute to ice cream and this increased competition has negatively impacted industry revenue. In the five years to 2018, the industry is expected to continue experiencing declining demand, as input prices and the level of health consciousness in the United States increases.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Ice Cream and Gelato Store Franchises industry is in the mature phase of its life cycle. The industry's value added, which measures the industry's contribution to the overall economy, is expected to decline at an annualized rate of 0.7% in the ten years to 2018. This can be compared with GDP growth of 2.1%, over the same period. Ice cream and gelato franchises provide popular frozen snacks to consumers, and there is wide market acceptance of these products. However, increasing the health consciousness of consumers has discouraged some people from indulging in the fatty and sugary treats industry operators provide.
Furthermore, the number of industry establishments is expected to decrease at an annualized rate of 0.6% in the ten years to 2018... purchase to read more