February 11, 2020
According to a new research report titled ‘Organic Ice Cream Market Size By Product (Artisanal, Impulse, Take Home), By Ingredient (Whole Milk, Skimmed Milk, Cream, Sweetening & Flavoring Agent), By Flavor (Vanilla, Chocolate, Butter Pecan, Strawberry, Coffee, Black Raspberry, Mint Chocolate Chip), By Distribution Channel (On Trade, Hypermarket & Supermarket, Food & Drink Specialists, Convenience Stores), By Packaging (Paper & Board, Rigid Plastics, Flexible Packaging), Industry Analysis Report, Regional Outlook (U.S, Canada, Germany, UK, France, Italy, Denmark, Sweden, Ireland, Finland, Russia, Norway, China, India, Japan, South Korea, New Zealand, Australia, Brazil, Mexico, Argentina, Saudi Arabia, UAE, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’ available at MarketStudyReport.com, the global organic ice cream market will amass modest proceeds by 2025.
Organic ice cream market forecast will be primarily driven by rapid expansion of the organic food & beverage sector. This can be attributed to mounting health concerns among consumers and the consequent shift in dietary patterns. Growing consumer inclination towards natural food items will drive the business growth.
Considering the ingredient used, skimmed milk segment is estimated to record a robust CAGR of more than 4.5% through 2025. Skim milk has high nutritional value due to the presence of vitamin A, vitamin D, protein, and calcium. In addition, lower fat content compared to whole milk is another key factor driving the consumption of skim milk-based products.
Vanilla flavor segment constituted 25% revenue share of the global organic ice cream industry in 2018. In recent years, the global popularity of vanilla has overtaken other flavors including chocolate and pecan. In fact, a 2017 survey by International Ice Cream Association revealed that vanilla is the most popular ice cream flavor in America followed by chocolate.
Based on the distribution channel, on-trade segment, which includes hotels, restaurants, and sorbet parlors, will register a 4.5% CAGR during the study timeframe. Rapid urbanization and a substantial rise in per capita income are major factors fueling the prominence of on-trade distribution channels.
Organic ice cream market from rigid plastics packaging segment is estimated to witness growth at over 4.5% up to 2025. This type of packaging offers excellent durability and protection in addition to robust flexibility. Better recycling capabilities of the product will further drive the segment growth. Additionally, presence of stringent government norms is encouraging manufacturers to opt for natural raw materials to produce rigid plastic packaging.
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From a geographical point of view, North America dominated the global organic ice cream industry in 2018, capturing more than 40% revenue share. High consumption of ice cream, increasing production of organic milk, and shifting preference towards natural products are among the key factors fostering the regional growth.
The industry leaders of organic ice cream market are Oob Organic, Crystal Company, Organic Meadow Limited Partnership, Mackie’s of Scotland, Yeo Valley Family Farms, Three Twins Ice Cream, Clover Stornetta Farms, Inc., LUV Ice Cream, Oregon Ice Cream, Boulder Organic Ice Cream, Blue Marble Ice Cream, and Straus Family Creamery.
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