The global Ice Cream Ingredients Market Comprehensive Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Milk Fat, Milk solids, Sweeteners, Dairy Solids, Others), By Application (Artisanal Ice Cream, Impulse Ice Cream, Take-home Ice Cream)
In 2024, the ice cream ingredients market is experiencing dynamic growth, fueled by the continuous evolution of consumer preferences and dietary trends. The market encompasses a wide range of ingredients, including dairy and non-dairy bases, sweeteners, stabilizers, emulsifiers, and flavorings. Innovations in ingredient formulations are enhancing the sensory attributes of ice cream while addressing health concerns such as sugar reduction and lactose intolerance. The demand for organic, natural, and functional ingredients is driving the development of clean label products, making ice cream a versatile and indulgent treat for a broad consumer base.
The market report analyses the leading companies in the industry including BASF SE, California Dairies Inc, Cargill Inc, Dairy Farmers of America, Fonterra Co-Operative Group Ltd, Grassland Dairy Products Inc, Hilmar Ingredients, Royal FrieslandCampina N.V., Tate & Lyle Plc, Westland Milk Products, and Others.
The most prominent trend in the Ice Cream Ingredients Market is the shift towards natural and clean label ingredients. Consumers are increasingly demanding ice cream products that are free from artificial additives, preservatives, and colors. This trend is driven by the growing awareness of health and wellness, as well as the desire for transparency in ingredient sourcing. Manufacturers are responding by reformulating their products to include natural sweeteners, organic milk, and plant-based ingredients, thus aligning with the clean label movement and attracting health-conscious consumers.
A key driver for the Ice Cream Ingredients Market is the rising popularity of premium and artisanal ice creams. Consumers are willing to pay a premium for ice cream products that offer unique flavors, high-quality ingredients, and artisanal craftsmanship. This demand is particularly strong among millennials and urban populations who seek indulgent and novel food experiences. The focus on premium ingredients such as high-butterfat cream, exotic fruits, and gourmet inclusions is significantly driving the market as manufacturers strive to meet these sophisticated consumer preferences.
One potential opportunity in the Ice Cream Ingredients Market lies in the expansion into plant-based and dairy-free segments. As more consumers adopt vegan and lactose-free diets, there is a growing demand for ice cream products that cater to these dietary preferences. By developing innovative plant-based ice cream formulations using ingredients like almond milk, coconut milk, and cashew milk, manufacturers can tap into this expanding market. This focus on plant-based and dairy-free products can drive market growth and offer a competitive advantage in the evolving ice cream industry.
In the Ice Cream Ingredients Market segmented by type, sweeteners stand out as the largest segment. Sweeteners play a crucial role in ice cream formulation, enhancing flavor profile and sweetness without contributing additional moisture. Commonly used sweeteners include sucrose, glucose syrup, high fructose corn syrup (HFCS), and sugar alcohols like sorbitol and erythritol. They not only sweeten the ice cream but also contribute to its texture and mouthfeel, making them essential ingredients in both artisanal and commercial ice cream production. The widespread use of sweeteners across various ice cream recipes and formulations solidifies their dominance in the ice cream ingredients market.
The fastest growing segment in the Ice Cream Ingredients Market by application is artisanal ice cream. Artisanal ice cream refers to handcrafted or small-batch ice cream made with high-quality ingredients, often emphasizing unique flavors, natural ingredients, and premium textures. This segment is experiencing rapid growth due to increasing consumer demand for authentic, gourmet ice cream experiences that offer distinctive flavors and superior quality. Artisanal ice cream makers prioritize using premium ingredients like fresh dairy solids, natural sweeteners, and milk fat to create indulgent and innovative flavors that appeal to discerning consumers seeking high-end dessert options. As consumers become more health-conscious and seek transparency in ingredient sourcing, artisanal ice cream formulations that use wholesome, recognizable ingredients are gaining popularity, driving the growth of this segment in the ice cream ingredients market.
By Type
Milk Fat
Milk solids
Sweeteners
Dairy Solids
Others
By Application
Artisanal Ice Cream
Impulse Ice Cream
Take-home Ice Cream
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
BASF SE
California Dairies Inc
Cargill Inc
Dairy Farmers of America
Fonterra Co-Operative Group Ltd
Grassland Dairy Products Inc
Hilmar Ingredients
Royal FrieslandCampina N.V.
Tate & Lyle Plc
Westland Milk Products
*- List Not Exhaustive
Chapter 1. TABLE OF CONTENTS
Chapter 2. Introduction to Ice Cream Ingredients Market
2.1. Market Overview
2.2. Key Statistics and Report Highlights
2.3. Scope of the Comprehensive Study
2.3.1. Market Definition
2.3.2 Countries and Regions Covered
2.3.3 Research Objective
2.3.4 Units, Currency, and Conversions
2.3.5 Industry Value Chain
2.4. Key Market Segments
2.5. Key Companies
2.6. Study Period
Chapter 3. Strategic Analysis Review
3.1. Ice Cream Ingredients Pricing Analysis and Forecast
3.2. Porter’s Five Forces
3.3. Market Ecosystem
3.4. SWOT Analysis
3.5. Regulatory Scenario
3.3. Effects of Inflation, Russia-Ukraine War, moderating economic growth, and other macroeconomic factors
Chapter 4. Competitive Landscape
4.1. Market Share Analysis
4.1.1. Global Ice Cream Ingredients Market Share by Company, 2023
4.1.2. Product Offerings of Leading Ice Cream Ingredients Companies
4.2. Market Entropy
4.2.1. New Product Launches in the Industry
4.2.2. Mergers, Acquisitions, Joint ventures, and Partnerships
4.3. Key Strategies and Best Practices
Chapter 5. Global Market Projections: Best, Reference, and Low Case Scenarios
5.1. Growth Analysis- Case Scenario Definitions
5.2. Low Growth Case Scenario Forecasts
5.3. Reference Growth Case Scenario Forecasts
5.4. High Growth Case Scenario Forecasts
Chapter 6. Market Dynamics
6.1. Ice Cream Ingredients Market Drivers
6.2. Ice Cream Ingredients Market Challenges
6.6. Ice Cream Ingredients Market Opportunities
6.4. Ice Cream Ingredients Market Trends
Chapter 7. Global Ice Cream Ingredients Market Outlook Trends
7.1. Global Ice Cream Ingredients Revenue (USD Million) and CAGR (%) by Type (2021-2032)
7.2. Global Ice Cream Ingredients Revenue (USD Million) and CAGR (%) by Application (2021-2032)
7.3. Global Ice Cream Ingredients Revenue (USD Million) and CAGR (%) by Product (2021-2032)
By Type
Milk Fat
Milk solids
Sweeteners
Dairy Solids
Others
By Application
Artisanal Ice Cream
Impulse Ice Cream
Take-home Ice Cream
Chapter 8. Global Ice Cream Ingredients Regional Analysis and Outlook
8.1. Global Ice Cream Ingredients Revenue (USD Million) By Regions (2021- 2032)
8.2. North America Ice Cream Ingredients Revenue (USD Million) by Country (2021-2032)
8.2.1. United States Ice Cream Ingredients Regional Analysis and Outlook
8.2.2. Canada Ice Cream Ingredients Regional Analysis and Outlook
8.2.3. Mexico Ice Cream Ingredients Regional Analysis and Outlook
8.3. Europe Ice Cream Ingredients Revenue (USD Million), by Country (2021-2032)
8.3.1. Germany Ice Cream Ingredients Regional Analysis and Outlook
8.3.2. France Ice Cream Ingredients Regional Analysis and Outlook
8.3.3. United Kingdom Ice Cream Ingredients Regional Analysis and Outlook
8.3.4. Spain Ice Cream Ingredients Regional Analysis and Outlook
8.3.5. Italy Ice Cream Ingredients Regional Analysis and Outlook
8.3.6. Russia Ice Cream Ingredients Regional Analysis and Outlook
8.3.7. Rest of Europe Ice Cream Ingredients Regional Analysis and Outlook
8.4. Asia Pacific Ice Cream Ingredients Revenue (USD Million) by Country (2021-2032)
8.4.1. China Ice Cream Ingredients Regional Analysis and Outlook
8.4.2. Japan Ice Cream Ingredients Regional Analysis and Outlook
8.4.3. India Ice Cream Ingredients Regional Analysis and Outlook
8.4.4. South Korea Ice Cream Ingredients Regional Analysis and Outlook
8.4.5. Australia Ice Cream Ingredients Regional Analysis and Outlook
8.4.6. South East Asia Ice Cream Ingredients Regional Analysis and Outlook
8.4.7. Rest of Asia Pacific Ice Cream Ingredients Regional Analysis and Outlook
8.5. South America Ice Cream Ingredients Revenue (USD Million), by Country (2021-2032)
8.5.1. Brazil Ice Cream Ingredients Regional Analysis and Outlook
8.5.2. Argentina Ice Cream Ingredients Regional Analysis and Outlook
8.5.3. Rest of South America Ice Cream Ingredients Regional Analysis and Outlook
8.6. Middle East and Africa Ice Cream Ingredients Revenue (USD Million) by Country (2021-2032)
8.6.1. Middle East Ice Cream Ingredients Regional Analysis and Outlook
8.6.2. Africa Ice Cream Ingredients Regional Analysis and Outlook
Chapter 9. North America Ice Cream Ingredients Analysis and Outlook
9.1. North America Ice Cream Ingredients Revenue (USD Million) by Segments (2021-2032)
9.1.1. North America Ice Cream Ingredients Revenue (USD Million) by Type (2021-2032)
9.1.2. North America Ice Cream Ingredients Revenue (USD Million) by Application (2021-2032)
9.1.3. North America Ice Cream Ingredients Revenue (USD Million) by Product (2021-2032)
By Type
Milk Fat
Milk solids
Sweeteners
Dairy Solids
Others
By Application
Artisanal Ice Cream
Impulse Ice Cream
Take-home Ice Cream
Chapter 10. Europe Ice Cream Ingredients Analysis and Outlook
10.1. Europe Ice Cream Ingredients Revenue (USD Million), by Segments (USD Million) (2021-2032)
10.1.1. Europe Ice Cream Ingredients Revenue (USD Million) by Type (2021-2032)
10.1.2. Europe Ice Cream Ingredients Revenue (USD Million) by Application (2021-2032)
10.1.3. Europe Ice Cream Ingredients Revenue (USD Million) by Product (2021-2032)
By Type
Milk Fat
Milk solids
Sweeteners
Dairy Solids
Others
By Application
Artisanal Ice Cream
Impulse Ice Cream
Take-home Ice Cream
Chapter 11. Asia Pacific Ice Cream Ingredients Analysis and Outlook
11.1. Asia Pacific Ice Cream Ingredients Revenue (USD Million), and Revenue (USD Million) by Segments (2021-2032)
11.1.1. Asia Pacific Ice Cream Ingredients Revenue (USD Million) by Type (2021-2032)
11.1.2. Asia Pacific Ice Cream Ingredients Revenue (USD Million) by Application (2021-2032)
11.1.3. Asia Pacific Ice Cream Ingredients Revenue (USD Million) by Product (2021-2032)
By Type
Milk Fat
Milk solids
Sweeteners
Dairy Solids
Others
By Application
Artisanal Ice Cream
Impulse Ice Cream
Take-home Ice Cream
Chapter 12. South America Ice Cream Ingredients Analysis and Outlook
12.1. South America Ice Cream Ingredients Revenue (USD Million), by Segments (2021-2032)
12.1.1. South America Ice Cream Ingredients Revenue (USD Million) by Type (2021-2032)
12.1.2. South America Ice Cream Ingredients Revenue (USD Million) by Application (2021-2032)
12.1.3. South America Ice Cream Ingredients Revenue (USD Million) by Product (2021-2032)
By Type
Milk Fat
Milk solids
Sweeteners
Dairy Solids
Others
By Application
Artisanal Ice Cream
Impulse Ice Cream
Take-home Ice Cream
Chapter 13. Middle East and Africa Ice Cream Ingredients Analysis and Outlook
13.1. Middle East and Africa Ice Cream Ingredients Revenue (USD Million), by Segments (2021-2032)
13.1.1. Middle East and Africa Ice Cream Ingredients Revenue (USD Million) by Type (2021-2032)
13.1.2. Middle East and Africa Ice Cream Ingredients Revenue (USD Million) by Application (2021-2032)
13.1.3. Middle East and Africa Ice Cream Ingredients Revenue (USD Million) by Product (2021-2032)
By Type
Milk Fat
Milk solids
Sweeteners
Dairy Solids
Others
By Application
Artisanal Ice Cream
Impulse Ice Cream
Take-home Ice Cream
Chapter 14. Ice Cream Ingredients Company Profiles
14.1 Business Overview
14.2 Product Profiles
14.3 SWOT Profiles
14.5 Recent Developments
14.6 Financial Profile
List of Companies
BASF SE
California Dairies Inc
Cargill Inc
Dairy Farmers of America
Fonterra Co-Operative Group Ltd
Grassland Dairy Products Inc
Hilmar Ingredients
Royal FrieslandCampina N.V.
Tate & Lyle Plc
Westland Milk Products
15. Methodology and Data Sources
15.1 Customization Offerings
15.2 Subscription Services
15.3 Related Reports
15.4 Publisher Expertise
LIST OF TABLES
Table 1 Market Segmentation Analysis
Table 2 Global Ice Cream Ingredients Market Share of Leading Companies, 2023
Table 3 Product Offerings of Leading Companies
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Ice Cream Ingredients Revenue (USD Million) And CAGR (%) By Type (2021-2032)
Table 8 Global Ice Cream Ingredients Revenue (USD Million) And CAGR (%) By Application (2021-2032)
Table 9 Global Ice Cream Ingredients Revenue (USD Million) And CAGR (%) By Product (2021-2032)
Table 10 Global Ice Cream Ingredients Market Revenue (USD Million) By Regions (2021-2032)
Table 11 Global Ice Cream Ingredients Market Share (%) By Regions (2021-2032)
Table 12 North America Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Table 13 Europe Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Table 14 Asia Pacific Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Table 15 South America Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Table 16 Middle East and Africa Ice Cream Ingredients Revenue (USD Million) By Region (2021-2032)
Table 17 North America Ice Cream Ingredients Revenue (USD Million) By Type (2021-2032)
Table 18 North America Ice Cream Ingredients Revenue (USD Million) By Application (2021-2032)
Table 19 North America Ice Cream Ingredients Revenue (USD Million) By Product (2021-2032)
Table 20 Europe Ice Cream Ingredients Revenue (USD Million) By Type (2021-2032)
Table 21 Europe Ice Cream Ingredients Revenue (USD Million) By Application (2021-2032)
Table 22 Europe Ice Cream Ingredients Revenue (USD Million) By Product (2021-2032)
Table 23 Asia Pacific Ice Cream Ingredients Revenue (USD Million) By Type (2021-2032)
Table 24 Asia Pacific Ice Cream Ingredients Revenue (USD Million) By Application (2021-2032)
Table 25 Asia Pacific Ice Cream Ingredients Revenue (USD Million) By Product (2021-2032)
Table 26 South America Ice Cream Ingredients Revenue (USD Million) By Type (2021-2032)
Table 27 South America Ice Cream Ingredients Revenue (USD Million) By Application (2021-2032)
Table 28 South America Ice Cream Ingredients Revenue (USD Million) By Product (2021-2032)
Table 29 Middle East and Africa Ice Cream Ingredients Revenue (USD Million) By Type (2021-2032)
Table 30 Middle East and Africa Ice Cream Ingredients Revenue (USD Million) By Application (2021-2032)
Table 31 Middle East and Africa Ice Cream Ingredients Revenue (USD Million) By Product (2021-2032)
LIST OF FIGURES
Figure 1. Market Scope
Figure 2. Pricing Forecasts Per Unit, 2023- 2032
Figure 3. Porter’s Five Forces
Figure 4. Global Ice Cream Ingredients Market Revenue (USD Million) By Regions (2021-2032)
Figure 5. Global Ice Cream Ingredients Market Share (%) By Regions (2023)
Figure 6. North America Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 7. United States Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 8. Canada Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 9. Mexico Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 10. Europe Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 11. Germany Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 12. France Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 13. United Kingdom Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 14. Spain Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 15. Italy Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 16. Russia Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 17. Rest of Europe Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 11. Asia Pacific Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 12. China Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 13. Japan Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 14. India Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 15. South Korea Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 16. Australia Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 17. South East Asia Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 18. South America Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 19. Brazil Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 20. Argentina Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 21. Rest of Asia Pacific Ice Cream Ingredients Revenue (USD Million) By Country (2021-2032)
Figure 22. Middle East and Africa Ice Cream Ingredients Revenue (USD Million) By Region (2021-2032)
Figure 23. Saudi Arabia Ice Cream Ingredients Revenue (USD Million) By Region (2021-2032)
Figure 24. The UAE Ice Cream Ingredients Revenue (USD Million) By Region (2021-2032)
Figure 25. Rest of Middle East Ice Cream Ingredients Revenue (USD Million) By Region (2021-2032)
Figure 26. South Africa Ice Cream Ingredients Revenue (USD Million) By Region (2021-2032)
Figure 27. Africa Ice Cream Ingredients Revenue (USD Million) By Region (2021-2032)
Figure 28. North America Ice Cream Ingredients Revenue (USD Million) By Type (2021-2032)
Figure 29. North America Ice Cream Ingredients Revenue (USD Million) By Application (2021-2032)
Figure 30. North America Ice Cream Ingredients Revenue (USD Million) By Product (2021-2032)
Figure 31. Europe Ice Cream Ingredients Revenue (USD Million) By Type (2021-2032)
Figure 32. Europe Ice Cream Ingredients Revenue (USD Million) By Application (2021-2032)
Figure 33. Europe Ice Cream Ingredients Revenue (USD Million) By Product (2021-2032)
Figure 34. Asia Pacific Ice Cream Ingredients Revenue (USD Million) By Type (2021-2032)
Figure 35. Asia Pacific Ice Cream Ingredients Revenue (USD Million) By Application (2021-2032)
Figure 36. Asia Pacific Ice Cream Ingredients Revenue (USD Million) By Product (2021-2032)
Figure 37. South America Ice Cream Ingredients Revenue (USD Million) By Type (2021-2032)
Figure 38. South America Ice Cream Ingredients Revenue (USD Million) By Application (2021-2032)
Figure 39. South America Ice Cream Ingredients Revenue (USD Million) By Product (2021-2032)
Figure 40. Middle East and Africa Ice Cream Ingredients Revenue (USD Million) By Type (2021-2032)
Figure 41. Middle East and Africa Ice Cream Ingredients Revenue (USD Million) By Application (2021-2032)
Figure 42. Middle East and Africa Ice Cream Ingredients Revenue (USD Million) By Product (2021-2032)
By Type
Milk Fat
Milk solids
Sweeteners
Dairy Solids
Others
By Application
Artisanal Ice Cream
Impulse Ice Cream
Take-home Ice Cream
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Ice Cream Ingredients Market Size is valued at $49.6 Billion in 2024 and is forecast to register a growth rate (CAGR) of 4.4% to reach $70 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
BASF SE, California Dairies Inc, Cargill Inc, Dairy Farmers of America, Fonterra Co-Operative Group Ltd, Grassland Dairy Products Inc, Hilmar Ingredients, Royal FrieslandCampina N.V., Tate & Lyle Plc, Westland Milk Products
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume