Artisanal Ice Cream Market Analysis

Global Artisanal Ice Cream Market Overview

Artisanal Ice Cream Market Size was valued at USD 60.9 billion in 2021. The Artisanal Ice Cream industry is projected to grow from USD 63.6 billion in 2024 to USD 95.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.2% during the forecast period (2024 - 2030). Changing consumer tastes and preferences are driving the market growth.

Artisanal Ice Cream Market Trends

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  Changing consumer tastes and preferences

  
  

Consumer tastes and preferences for artisanal ice cream have been changing in recent years, as more people are looking for unique and high-quality products that are made with natural ingredients. Artisanal ice cream is homemade ice cream in small batches using traditional methods and often includes locally sourced ingredients. These products are often more expensive than mass probes ice cream, but consumers are willing to pay a premium for the quality and taste. Many more ice cream makers are now experimenting with high-end creative flavor combinations, such as using spices, herbs, and fruits to create unique and complex flavors such as mochi ice cream, fried ice cream, pistachio ice cream, scoops ice cream, protein ice cream, avocado ice cream. Additionally, artisanal ice cream is often made with fewer ingredients such as and does not contain artificial ice cream flavors, colors, or preservatives which is appealing to consumers who are looking for healthier options. As a result, many small independent ice cream shops and brands are popping up and gaining popularity.

The  Artisanal Ice Cream market segmentation, based on type, includes Conventional, and Lactose-Free. The Conventional segment held the majority share in 2021 contributing to around 75-80% of the  artisanal ice cream market revenue. Conventional artisanal ice cream is a type of ice cream that is made by hand using traditional methods and high-quality ingredients. The process of making artisanal ice cream typically involves using cream and milk as well as sugar and other ingredients search as fruits nuts and spices to create a variety of unique and flavourful ice cream. The ingredients are carefully combined and churned to create a creamy rich texture like oreo ice cream, banana ice cream, and strawberry ice cream. Artisanal ice cream makers often use local and seasonal ingredients to create a unique flavor that is not typically found in mass-produced ice cream. The ice cream can be made in small batches and sold directly to customers in ice cream shops, farmers’ markets, or online.

July 2022: Gianis, the top artisanal ice cream brand, has passed the 200-store milestone while also anticipating multiphase development as part of its heritage. Giani Gurucharan Singh launched the company in 1956.

Based on Distribution Channel, the  artisanal ice cream industry has been segmented into Supermarkets & Hypermarkets, Specialty Stores, and Online. Specialty Stores held an ~35-40% share of the distribution market in 2021, making them the largest sector. They occupy the biggest space for artisan ice cream since they are the highest quality and offer premium flavor and pricing. The market has grown as a result of rising customer preferences for specialty store ice creams due to their trust and confidence in products that are 100% safe and natural. Significant consumption of nutritious ice cream and the expanding popularity of vegan ice cream, organic, and gluten-free goods are further major factors. To obtain greater acceptability, businesses are also concentrating on maximizing their retail chains.

By Region, the study segments the market into North America, Europe, Asia-Pacific, and the Rest of the World. North America Artisanal Ice Cream market accounts for the largest market share USD 14.6 billion in 2021 and is expected to exhibit a 7.43% CAGR due to the growing health and wellness consciousness is causing an increase in the consumption of organic or organically processed goods, including ice cream. Customers are drawn to some items because of the quality of the packaging and design. Such elements are taken into account throughout the production process, which prompts manufacturers to use distinctive package designs. Further, the U.S. Artisanal Ice Cream market held the largest market share, and the Canada Artisanal Ice Cream market was the fastest-growing market in the North American region.

Further, the major countries studied are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3:  ARTISANAL ICE CREAM MARKET SHARE BY REGION 2021 (%)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Europe's Artisanal Ice Cream market accounted for the second-largest market share during the study period. This is due in part to the expansion of product portfolios by key manufacturers of Artisanal Ice Cream. Additionally, technological innovation is expected to positively influence the growth of the Artisanal Ice Cream market in the region. Further, the UK Artisanal Ice Cream market held the largest market share, and the Germany Artisanal Ice Cream market was the fastest-growing market in the European region.

The Asia-Pacific Artisanal Ice Cream market is expected to grow at a CAGR of 8.33% from 2022 to 2030. This is due to increasing per capita disposable income and the growth of middle-income groups in emerging economies. Moreover, the China Artisanal Ice Cream market held the largest market share, and the India Artisanal Ice Cream market was the fastest-growing market in the Asia-Pacific region.

For instance, the India Artisanal Ice Cream market is the favored destination for market players due to the popularity of Artisanal Ice Cream greatly growing. The rising acceptance of artisanal ice cream as a dessert is attributed to driving the expansion of this sector. Another element boosting market expansion is the rising consumption of high-quality ice cream products. China is the largest ice cream market in the area, which also generates the majority of the region's income. Other significant variables that are anticipated to sharply accelerate growth rates include the region's fast urbanization, rising per-capita earnings, and a growing population. Thus, Asia- Over the projected period of 2022-2030, the Pacific is expected to increase at the fastest pace.

Artisanal Ice Cream Key Market Players & Competitive Insights

Major market players are spending a lot of money on R&D to increase their product lines, which will help the Artisanal Ice Cream market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, including new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Artisanal Ice Cream industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

One of the primary business strategies adopted by manufacturers in the  Artisanal Ice Cream industry to benefit clients and expand the Artisanal Ice Cream market sector is to manufacture locally to reduce operating costs. In recent years, Artisanal Ice Cream has provided medical effects with some of the most significant benefits.

• Bi-Rite (US)


• Van Leeuwen (US)


• Gelato and Co (Italy)


• Jeni's Splendid Ice Creams LLC. (US)


• Lackey's Artisan Ice Cream (US)


• McConnell's Fine Ice Creams (US)


• The Saffron Ice Cream Company (UK)


• Graeter’s Inc. (US)


• ROGUEICECREAM (UK)


• Gelato and Latte Este (Bulgaria) among others

Artisanal Ice Cream Industry Developments

January 2023: Northern Bloc, a British ice cream company, purchased two artisan ice cream companies, Criterion Ices, and Marine Ices. The acquisition of two well-known, historical dairy ice cream brands—Criterion, founded in 1920, and Marine, founded in the 1930s—will enable Northern Bloc to keep exploring, innovating, and expanding its product offering.

January 2023: Jacks Gelato, an artisan ice cream company, might open at Manor Farm in Girton. Jacks Gelato has submitted a planning proposal to alter the farm's use of ice cream production.

December 2022: Van Leeuwen Ice Cream, the artisanal ice cream maker, has produced a limited-edition, onion-filled flavor to mark the December debut of the film Glass Onion: A Knives Out Mystery.

Artisanal Ice Cream Market Segmentation

• Conventional


• Lactose-Free

• Supermarkets & Hypermarkets


• Specialty Stores


• Online

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  North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


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  Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


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  Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


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  Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America