Ice Cream

Demand for ice cream in Thailand is expected to grow continue to grow in 2024, driven by consumer indulgence and ongoing brand innovation. However, the rate of retail volume growth is projected to slow compared to the previous year, as consumers…

Ice cream in Indonesia is achieving small value and volume gains in 2024. That said, retail ice cream has recently faced competition from foodservice, with the on-trade channel seeing significant volume growth in the previous year. In the recent…

Like many other snacks categories, ice cream is set to see a retail volume decline along with notable retail current value growth in South Africa in 2024. Price rises due to inflation and rising costs are driving value growth, but leading more…

Ice cream in Malaysia is expected to register a decline in retail volume terms in 2024, continuing the trend of the previous year. This is within the context of steep unit price surges for both bulk and multi-pack dairy ice cream, as manufacturers…

Ice cream is expected to be the standout snack performer in Uzbekistan in 2024, with double-digit percentage constant value growth, as well as healthy volume growth. Local consumers are actively moving from low-cost ice cream options to higher…

Ice cream sales volume in Uruguay encountered a contraction in 2023, and a similar trend is expected to persist in 2024. This decline can be attributed solely to adverse weather conditions. Compared to previous years, the weather since mid-2023 has…

Ice cream is the most dynamic category in snacks in Slovenia in volume and value terms in 2024. The main driver behind this is the shift in consumer purchasing behaviour with ice cream no longer perceived as a seasonal snack anymore but instead has…

In spite of continuing high inflation, ice cream in Pakistan is expected to register healthy constant value and volume growth. A stabilising economy is expected to boost consumer confidence. In addition, continuing population growth also supports…

Retail volume sales of ice cream in Lithuania will see continued growth in 2024. Consumers generally consider ice cream to be a seasonal product, with demand peaking during the hot summer months. However, players are doing their best to invest in…

Ice cream is seeing healthy sales in Kazakhstan in 2024, in both on-trade and off-trade volume terms, and with value better supported by high unit prices. Indeed, ice cream benefits from consumers’ return to out-of-home lifestyles following the era…

Retail volume and current value growth rates for ice cream in Guatemala in 2024 look set to be weaker than those recorded the previous year. The slowdown is mainly explained by the ending of the El Niño phenomenon, which brought higher than usual…

The price of most dairy-based products has seen significant rises due to the growing cost of milk, and ice cream in Australia has been no exception. This has been one of the factors behind the retail volume declines for ice cream since 2021, as local…

Ice cream in the Philippines is expected to continue to post healthy retail volume growth in 2024, supported by extremely hot temperatures in summer. However, the expansion of retail volume sales of ice cream in 2024 is also supported by increased…

Volume and value growth of ice cream in Estonia in 2024 is attributable to rising health consciousness and increasing demand for ice cream that caters to various diets, including vegan, low-calorie, dairy-free, and zero-sugar options, which are all…

Ice cream is big business in Algeria and it continues to be the biggest snack by far in terms of value sales in 2024. That being said, growth in constant value and volume sales is expected to be modest, as rising prices continues to dampen value…

After retail volume sales of ice cream in the US saw significant growth during the first year of the pandemic in 2020, the category subsequently saw declining volumes, with this trend set to continue in 2024. This is due to a normalisation of sales…

Overall retail volume sales of ice cream in Singapore are expected to see only low growth in 2024. In this year, unit prices have continued to rise due to persistent cost pressure on raw materials such as milk, sugar, and cocoa beans, which are key…

Rising retail prices of ice cream in Germany stem from several factors, notably increased energy expenses linked to cooling systems. With ice cream demand traditionally peaking during the warmer summer months, retailers face heightened electricity…

Ice cream inches back into small positive volume gains in 2024, despite challenges facing the category. To start, inflationary pressures continue to create price sensitivity in consumers, thus, budget-conscious consumers focus their spending on…

With regard to ice cream in Tunisia, consumers exhibit significant price-sensitivity. This sensitivity to pricing has been exacerbated by economic crisis and high inflation towards the end of the review period. Price rises can also be attributed to…