Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on sugar-free ice cream market provides in-depth analysis of segments and sub-segments in the global as well as regional sugar-free ice cream market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional sugar-free ice cream market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global sugar-free ice cream market.
Sugar-free ice creams are products that are formulated and manufactured without the addition of sucrose or other high-calorie sweeteners. Sweeteners that aren't nutritious and do not affect blood sugar levels are utilized in sugar-free ice creams. Artificial sweeteners such as stevia, erythritol, xylitol, or monk fruit extract are used to add sweetness without the associated caloric content of sugar. Sugar-free ice creams typically have fewer calories compared to their traditional counterparts. The primary driver behind the popularity of sugar-free ice cream is the pursuit of its health benefits. This includes its potential to control blood sugar levels, regulate weight management, and reduce dental issues associated with excessive sugar intake. Wide variety of flavors and textures, using premium ingredients to create delicious options, which has fueled growing consumer interest in sugar-free ice creams. Companies can focus on improving the flavor and texture of sugar-free ice cream through research and development to take advantage of this changing consumer preference.
Many factors contribute to the steady growth of the sugar-free ice cream business. The growing awareness about health with rising perception about appearance drive the growth of the sugar-free ice cream market. Foods that offer a guilt-free indulgence are in greater demand as dietary preferences shift in favor of healthier options. Sugar-free ice cream allows customers to indulge in the sweet and creamy characteristics of traditional ice cream without worrying about the possible health risks linked to consuming too much sugar. Additionally, the increasing prevalence of diabetes and obesity propels the market growth of the sugar-free ice cream market. Sugar-free ice cream offers people with diabetes or those worried about blood sugar levels a dessert option that meets their dietary needs. However, economic factors, such as the comparatively higher production costs of superior sugar substitutes may limit the market growth. This could have an impact on pricing strategies and restrict market penetration, especially in consumer segments where price is an important consideration. Moreover, the growing popularity of natural and clean-label ingredients presents an opportunity for investors to expand research and market natural alternative sweeteners.
Geographically, the market for sugar-free ice cream is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America leads in the sugar-free ice cream industry due to rising disposable income, increased consumer awareness, and a strong desire for nutritious food items. Major manufacturers presence in the area supports the expansion of the market. Moreover, the region's supremacy in the sugar-free ice cream market is mainly due to North America's extensive distribution networks and well-established retail infrastructure, which ensure that consumers can easily find sugar-free ice cream products. Meanwhile, the Asia Pacific region is anticipated to witness the fastest growth in the sugar-free ice cream market. The region's market is growing due to a rising need for sugar-free ice cream, which is being fueled by manufacturers offering a range of products with different flavors and ingredients to meet consumer demands. Additionally, adults focused on weight management and overall well-being often gravitate towards healthier food choices owing to the rise in health awareness among the adult populations actuates the market growth. With fewer calories and less sugar, sugar-free ice cream meets the dietary demands of people who want to maintain a balanced, healthful lifestyle.
| Report Coverage | Details |
|---|---|
| Market Size in 2022 | USD 3.20 Billion |
| Market Size by 2030 | USD 7.31 Billion |
| Growth Rate from 2023 to 2030 | CAGR of 9.50% |
| Largest Market | North America |
| No. of Pages | 255 |
| Market Drivers |
|
| Market Segmentation | By Type, By Form, and By Distribution Channel |
| Regional Scope | North America, Europe, Asia Pacific, and RoW |
The report on global sugar-free ice cream market covers segments such as type, form, and distribution channel. On the basis of type, the sub-markets include vanilla, chocolate, mint chip, strawberry, salted caramel, and others. On the basis of form, the sub-markets include pints, bars/sticks, sandwich, and others. On the basis of distribution channel, the sub-markets include online, and offline.
The report provides profiles of the companies in the market such as Baskin Robbins, Turkey Hill Dairy, Hershey Creamery Company, Mammoth Creameries, Amul, Beyond Better Foods, The Kroger Co., Nestle S.A., Unilever LLC, and Wells Enterprises.
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the sugar-free ice cream market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
Please Choose One of them.
