Staying cool: A number of product innovations promise growth, despite the industry's maturity

The Ice Cream Production industry includes the production of take-home ice cream, impulse ice cream products, frozen yoghurt and sorbet. The impulse segment is most susceptible to changes in weather conditions, while the consumption of take-home products is more robust and continues to provide operators with the most room for sustainable growth. During the five years through 2018-19, growth in the frozen yoghurt segment has been prominent, supported by consumer trends towards healthy eating, though this segment remains relatively small. The industry’s main downstream markets are generally retailers that sell directly to consumers, but some of the industry’s products go to food-service operators such as restaurants, which use them as more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • Consumers have increasingly acquired a taste for frozen yoghurt during the past five years
  • Operators have quickly responded to demand for frozen yoghurt, as production is similar
  • The potential development of slow-melting ice cream is likely to pose a significant opportunity for operators
  • Industry Report - Industry Key Buyers Chapter

    The industry has a high level of concentration because the four largest manufacturers are expected to account for 87.9% of industry revenue in 2018-19. However, it is Froneri and Unilever, the industry’s top two firms, that contribute the vast majority of this. Since these companies own most of the best-known brands, it is difficult for any other firm to challenge their dominance. However, artisan and own-label varieties have been exerting pressure on established brands at both ends of the market, forcing the largest firms to keep innovating and marketing to maintain consumers’ interest. The vast majority of industry operators employ fewer than 10 people. Concentration at the top of the industry increased when R&R Ice Cream (now Froneri) hived up Fredericks Dairies in 2014...purchase to read more.

    Additional Insights for the Ice Cream Production Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Ice Cream Production Industry are

  • Production of goods currently favoured by the market
  • Ability to pass on cost increases
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Average maximum temperature and Demand from supermarkets in the Ice Cream Production industry impact industry performance..

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    What's in this report

    What is the Ice Cream Production Industry?

    Companies in this industry manufacture ice cream and other edible ice products such as sorbet and gelato. The industry excludes the activities of ice cream parlours and other retail sale of ice cream products.

    Industry Products
  • Take-home tubs
  • Take-home multipacks
  • Individual impulse products
  • Scoop-and-serve ice cream
  • Frozen yoghurt
  • Other products
  • Industry Activities
  • Manufacturing ice cream
  • Manufacturing sorbet
  • Manufacturing gelato
  • Manufacturing frozen yoghurt
  • Manufacturing sherbet
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Average maximum temperature
  • Demand from supermarkets
  • Domestic price of milk
  • Health consciousness

  • Current Performance
  • Bright start
  • Highly saturated
  • Consolidation activity
  • Cost volatility
  • Chart: Revenue Growth

  • Industry Outlook
  • Industry innovation
  • Slow melt
  • Funding
  • Regulation changes
  • Table: Ice Cream Production Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Ice Cream Production Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Dairy Product, Egg & Edible Oil Wholesaling
  • Supermarkets
  • Full-Service Restaurants
  • Food-Service Contractors

  • Key Selling Industries
  • Chocolate & Confectionery Production
  • Dairy Cattle Raising
  • Sugar Production

  • Products & Services
  • Take-home tubs
  • Individual impulse products
  • Frozen yoghurt
  • Scoop-and-serve ice cream
  • Take-home multipacks
  • Other products
  • Chart: Ice Cream Production Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Supermarkets
  • Food-service and food manufacturing industries
  • Convenience stores and other retailers
  • Mobile operators and machine vending
  • Specialised ice cream retailers
  • Other
  • Chart: Major Market Segmentation for the Ice Cream Production Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Ice Cream Production

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Ice Cream Production Industry

  • Industry Globalization
    Froneri Ltd, Unilever UK Limited,
  • Table: Froneri Ltd - financial performance
  • Table: Unilever UK Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Ice Cream Production Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Ice Cream Production Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • An Italian frozen dessert very similar to ice cream but with a lower butterfat content.
  • Overrun
  • The process by which air is added to ice cream during production to increase its volume.
  • Sorbet
  • A frozen dessert made from sweetened water with flavouring.
  • What Our Customers Say

    Why buy this report?

    The Ice Cream Production market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Ice Cream Production:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Ice Cream Production market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Ice Cream Production, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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