U.S. Ice Cream And Frozen Dessert Market. Analysis And Forecast to 2030
Ice Cream Market in the USA - Key Insights
IndexBox has just published a new report, the U.S. Ice Cream And Frozen Dessert Market. Analysis And Forecast to 2025. Here is a summary of the report's key findings.
The revenue of the ice cream market in the U.S. amounted to $X in 2018, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, ice cream consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014, with an increase of X% y-o-y. Over the period under review, the ice cream market reached its maximum level in 2018, and is expected to retain its growth in the immediate term.
In 2018, per capita ice cream consumption in the U.S. was estimated at X kg per person. Over the analyzed period, per capita consumption ranged in the interval from X kg per person in 2013 to X kg per person in 2008. In value terms, per capita ice cream consumption in the U.S. showed mixed trend pattern, finally falling from $X in 2008 to $X in 2018.
Ice Cream Production in the USA
In value terms, ice cream production totaled $X in 2018. Overall, ice cream production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when the the output figure increased by X% y-o-y.
Ice Cream Exports
Exports from the USA
In 2018, ice cream exports from the U.S. amounted to X tonnes, surging by X% against the previous year. In general, ice cream exports continue to indicate a strong increase.
In value terms, ice cream exports stood at $X (IndexBox estimates) in 2018.
Exports by Country
Mexico (X tonnes) was the main destination for ice cream exports from the U.S., accounting for a X% share of total exports. Moreover, ice cream exports to Mexico exceeded the volume sent to the second major destination, Australia (X tonnes), threefold. The third position in this ranking was occupied by Canada (X tonnes), with a X% share.
From 2008 to 2018, the average annual rate of growth in terms of volume to Mexico stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+X% per year) and Canada (+X% per year).
In value terms, Mexico ($X), Australia ($X) and Saudi Arabia ($X) were the largest markets for ice cream exported from the U.S. worldwide, together comprising X% of total exports. Canada, the UK, the United Arab Emirates, Malaysia, Brazil, Trinidad and Tobago, South Korea, Bahamas and China lagged somewhat behind, together accounting for a further X%.
Export Prices by Country
In 2018, the average ice cream export price amounted to $X per kg, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%.
Export prices varied noticeably by the country of origin; the country with the highest export price was the UK ($X per kg), while the average price for exports to Mexico ($X per kg) was amongst the lowest.
From 2008 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to the United Arab Emirates (+X% per year), while the export prices for the other major destinations experienced more modest paces of growth.
Ice Cream Imports
Imports into the USA
Ice cream imports into the U.S. amounted to X tonnes in 2018, increasing by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2008 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. In value terms, ice cream imports stood at $X (IndexBox estimates) in 2018.
Over the period under review, imports of ice cream in the U.S. were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for ice cream.
Imports by Country
In 2018, Mexico (X tonnes) constituted the largest ice cream supplier to the U.S., accounting for a X% share of total imports. Moreover, ice cream imports from Mexico exceeded the figures recorded by the second largest supplier, Canada (X tonnes), threefold. South Korea (X tonnes) ranked third in terms of total imports with a X% share.
From 2008 to 2018, the average annual growth rate of volume from Mexico totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-X% per year) and South Korea (+X% per year).
In value terms, Thailand ($X), Italy ($X) and South Korea ($X) were the largest ice cream suppliers to the U.S., with a combined X% share of total imports. These countries were followed by Canada, Hungary, South Africa, Germany, Australia, Mexico, France, Israel and India, which together accounted for a further X%.
Import Prices by Country
The average ice cream import price stood at $X per kg in 2018, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%.
Import prices varied noticeably by the country of origin; the country with the highest import price was Thailand ($X per kg), while the price for Mexico ($X per tonne) was amongst the lowest.
From 2008 to 2018, the most notable rate of growth in terms of import prices was attained by Mexico (+X% per year), while the import prices for the other major suppliers experienced more modest paces of growth.
Companies Mentioned in the Report
Wells Enterprises, Ben & Jerry's Homemade, Blue Bell Creameries, The Jel Sert Co, Friendly's Ice Cream, Hershey Creamery Company, Fieldbrook Foods Corporation, Dianne's Fine Dessert, Chobani Idaho, Baldwin Richardson Foods Company, Edy's Grand Ice Cream, Graeter's Manufacturing, Perry's Ice Cream Company, House of Flavors, Talenti I, Hain Refrigerated Foods, Rocky Mountain Pies, Ice Cream Specialties, Shenandoah's Pride, TLC-Lc, Blue Bell Creameries Usa, Ffc Holding Corporation and Subsidiaries, Vasari, WEI Sales
Source: IndexBox AI Platform
This report provides an in-depth analysis of the ice cream market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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