• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    Commercial Milkshakes Soft Serve Ice Creams Market

    ID: MRFR/F-B & N/51005-CR
    194 Pages
    Snehal Singh
    May 2025

    Commercial Milkshakes and Soft Serve Ice-Creams Market Research Report Information by Commercial (Restaurants, Cafes Fast Food Outlets, Food Truck), BY FLAVOR (Blueberry, Chocolate, Coffee, Strawberry, Vanilla, Other Flavors), By Category (Dairy, Plant-Based), and by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) –Market Forecast Till 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Commercial Milkshakes Soft Serve Ice Creams Market  Infographic
    Purchase Options

    Commercial Milkshakes Soft Serve Ice Creams Market Summary

    The Global Commercial Milkshakes and Soft Serve Ice-Creams Market is projected to grow significantly from 43.5 USD Billion in 2024 to 86.6 USD Billion by 2035.

    Key Market Trends & Highlights

    Global Commercial Milkshakes and Soft Serve Ice-Creams Key Trends and Highlights

    • The market is expected to witness a compound annual growth rate (CAGR) of 6.47 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 86.6 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 43.5 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of innovative flavors and premium ingredients due to changing consumer preferences is a major market driver.

    Market Size & Forecast

    2024 Market Size 43.5 (USD Million)
    2035 Market Size 86.6 (USD Million)
    CAGR (2025-2035) 6.47%

    Major Players

    MCDONALD'S, KFC, BURGER KING, WENDY’S, TIM HORTONS (RESTAURANT BRANDS INTERNATIONAL INC), DAIRY QUEEN CORPORATION (BERKSHIRE HATHAWAY), BASKIN-ROBBINS, BEN & JERRY’S HOMEMADE HOLDINGS INC, CULVER FRANCHISING SYSTEM, LLC., JOLLIBEE, CKE RESTAURANTS, FIVE GUYS ENTERPRISES, LLC

    Commercial Milkshakes Soft Serve Ice Creams Market Trends

    EXPANSION OF RESTAURANTS AND FAST-FOOD CHAINS

    The Commercial Milkshakes and Soft Serve Ice-Creams Market is experiencing substantial growth opportunities as a result of the proliferation of fast-food chains and restaurants. Milkshakes are becoming a standard menu item in numerous establishments as the fast-food industry continues to thrive in the future years. Milkshakes are a favoured choice among consumers seeking a refreshing delight, particularly during the warmer months, due to their indulgent nature and versatility. Milkshakes are being progressively integrated into the menus of fast-food chains in order to improve the customer experience and increase sales.

    Another thrilling development in this sector is the proliferation of specialty and gourmet milkshakes. Numerous eateries and restaurants are currently providing premium ingredients and distinctive Flavors to cater to the preferences of consumers who seek novelty and customization. The fast-food industry's specialty beverage segment is experiencing substantial development, with milkshakes being a highly sought-after item. The inclusion of seasonal Flavors, extravagant toppings, and even alcohol-infused variations in certain establishments accommodates a broader audience, including children and adults who are seeking nostalgic indulgence or adventurous Flavors.

    Delivery and convenience services have, in addition, opened the scope of milkshake items. Fast food chains are improving delivery capabilities to keep up with the rise in demand for convenience, making consumers able to indulge in milkshakes from within their homes. Nearly 60% of consumers have placed orders through delivery apps, and this phenomenon has contributed to the attractiveness of milkshakes as an on-the-go.

    The increasing consumer preference for indulgent desserts, coupled with the rising trend of customization in food offerings, appears to be driving growth in the commercial milkshakes and soft serve ice creams market.

    U.S. Department of Agriculture

    Commercial Milkshakes Soft Serve Ice Creams Market Drivers

    Rising Consumer Demand

    The Global Commercial Milkshakes and Soft Serve Ice-Creams Market Industry experiences a notable increase in consumer demand, driven by changing preferences for indulgent treats. As health-conscious choices become more prevalent, consumers are seeking products that offer both flavor and quality. This trend is reflected in the projected market value of 43.5 USD Billion in 2024, indicating a robust appetite for these products. The industry is adapting by introducing innovative flavors and premium ingredients, appealing to a broader demographic. This shift suggests that manufacturers are likely to focus on product differentiation to capture the growing consumer base.

    Market Growth Projections

    The Global Commercial Milkshakes and Soft Serve Ice-Creams Market Industry is poised for substantial growth, with projections indicating a market value of 86.6 USD Billion by 2035. This anticipated growth reflects a compound annual growth rate (CAGR) of 6.47% from 2025 to 2035, suggesting a robust expansion trajectory. Factors contributing to this growth include rising disposable incomes, urbanization, and an increasing preference for convenience foods. As the market evolves, stakeholders must remain vigilant in adapting to changing consumer preferences and market dynamics to capitalize on emerging opportunities.

    Health and Wellness Trends

    The Global Commercial Milkshakes and Soft Serve Ice-Creams Market Industry is increasingly influenced by health and wellness trends, as consumers become more aware of nutritional content. This awareness drives manufacturers to reformulate products, reducing sugar and incorporating functional ingredients such as probiotics. The growing demand for healthier alternatives is evident in the introduction of low-fat and sugar-free options, appealing to health-conscious consumers. This trend is likely to shape the industry's future, as companies strive to balance indulgence with health benefits, ensuring they remain relevant in a market that values both taste and nutrition.

    Innovative Product Offerings

    Innovation remains a key driver in the Global Commercial Milkshakes and Soft Serve Ice-Creams Market Industry, as manufacturers continuously develop new flavors and formulations. The introduction of plant-based and low-calorie options caters to the evolving dietary preferences of consumers. For instance, the rise of vegan milkshakes and soft serve ice creams has opened new market segments, appealing to health-conscious and environmentally aware consumers. This innovation is expected to sustain the industry's growth, with a projected CAGR of 6.47% from 2025 to 2035. Such developments indicate that the industry is responsive to consumer trends and preferences.

    Expansion of Distribution Channels

    The Global Commercial Milkshakes and Soft Serve Ice-Creams Market Industry benefits from the expansion of distribution channels, which enhances product accessibility. Retailers, including supermarkets and convenience stores, are increasingly stocking a variety of milkshakes and soft serve ice creams, catering to diverse consumer preferences. Additionally, the rise of online shopping platforms allows consumers to purchase these products conveniently from home. This trend is expected to contribute to the market's growth, with projections indicating a market value of 86.6 USD Billion by 2035. The diversification of distribution channels is likely to play a crucial role in reaching untapped markets.

    Seasonal and Promotional Strategies

    Seasonal and promotional strategies significantly influence the Global Commercial Milkshakes and Soft Serve Ice-Creams Market Industry. Brands often capitalize on holidays and special occasions to launch limited-time offerings, enticing consumers to try new products. For example, summer promotions featuring tropical flavors or festive winter blends can drive sales during peak seasons. This strategy not only boosts short-term revenue but also enhances brand visibility and consumer engagement. As the market continues to evolve, companies are likely to refine their promotional tactics to align with consumer expectations, thereby sustaining growth in a competitive landscape.

    Market Segment Insights

    Global Commercial Milkshakes and Soft Serve Ice-Creams Commercial Preparation Insights

    Based on the type, the Global Commercial Milkshake and Soft Serve Ice-Creams market has been bifurcated into Restaurants, Cafes, Fast food outlets and Food Truck. The Cafes segment dominated the global market in 2024, while the Fast-Food Outlets is projected to be the fastest–growing segment during the forecast period. In the case of milkshakes, considerable growth has been observed in the penetration of cafes that provide a wider and more versatile product, gay of milkshakes, to consumer segmentation.

    Since they are different from conventional fast-food joints, they develop new tastes for their food products, including local foods and superfoods that prove healthy to clients. 

    Milkshakes are also served in most cafés to accompany the explosion of specialty coffees, including the coffee milkshake that has become increasingly popular. Further, cafés ensure the effective use of social media by attempting to make milkshakes as visually appealing as possible so that people share their experience, which will, in turn, create awareness and attract more clientele.

    Global Commercial Milkshakes and Soft Serve Ice-Creams Flavor Insights

    Based on the Flavor, the Global Commercial Milkshake and Soft Serve Ice-Creams market has been bifurcated into Chocolate, Vanilla, Strawberry, Blueberry, Coffee, and Others. The Strawberry segment dominated the global market in 2024, while the Other Flavors is projected to be the fastest–growing segment during the forecast period The market for strawberry milkshakes is expanding because of reasons such as taste, health connections, and adaptability. Because of this symbolism, strawberries are viewed as occupying a superior place to that of chocolate or vanilla because it provides the pleasures associated with a chocolate or vanilla product but with added health benefits. 

    The faded, colorless, and sweet nature associated with strawberries, plus richness in Vitamin C, makes strawberry milkshakes both enjoyable as an occasional treat and as a healthy beverage when prepared with fresh strawberries. However, new trends perfect for seasonal and artisanal products include fresh or organic strawberries, plant-based milk, and new natural sweeteners. As such, modern fast-food chains like Sonic and gourmet ones come up with real fruit chunks and strawberry shakes, meeting traditional and modern consumer preferences and increasing their marketing appeal.

    Global Commercial Milkshakes and Soft Serve Ice-Creams Category Insights

    Global Commercial Milkshakes and Soft Serve Ice-Creams Category Insights

    Based on the Category, the Global Milkshake market has been bifurcated into Dairy and Plant-Based. The Dairy segment dominated the global market in 2024, while the Plant-Based is projected to be the fastest–growing segment during the forecast period. The dairy milkshake market is expanding because of the appetite for fancy nostalgic beverages, as well as the increase in dairy products’ range. Classic cuisine is experiencing a resurgence of popularity, which dairy milkshakes meet by providing a high-quality product with the desired texture.

    The increasing level of demand for high-quality fresh dairy products also has contributed to the consideration as consumers focus on natural and locally produced ingredients. 

    Further, fast food, cafes, and dessert outlets are correcting their milkshake portfolios to include a vast variety of dairy-based flavors ranging from low-profile and high-end ones where the use of artisanal ice creams or fresh milk is not uncommon. McDonalds and Dairy Queen are good examples of companies that have drawn on this demand by constantly advertising dairy milkshakes as an available product. However, the most important advantage is the ability to produce dairy milkshakes in virtually any flavor or combination of flavors, and this factor can only contribute to market expansion.

    Figure 1: GLOBAL COMMERCIAL MILKSHAKES AND SOFT SERVE ICE-CREAMS MARKET, BY CATEGORY, 2024 & 2035 (USD Million)

    Get more detailed insights about Commercial Milkshakes and Soft Serve Ice-Creams Market Research Report – Forecast till 2035

    Key Companies in the Commercial Milkshakes Soft Serve Ice Creams Market market include

    Industry Developments

      • In March 2024, The fast food chain introduced their Orange Dreamsicle Frosty inspired by the classic childhood popsicle. The new sweet item launched on Tuesday, March 19 and has replaced the Vanilla Frosty for a limited time. The seasonal treat has combined the classic sweet orange notes flavor with the smooth vanilla Frosty to form a "dreamy orange cream experience”.
      • In April 2023, Tim Hortons just announced four new additions to their ice cream lineup: Boston Cream, Double, Maple Crunch and Campfire S’mores. These new flavors are in addition to the five flavors they launched last year: Salted Caramel Iced Capp, Double Chocolate Donut, Birthday Cake Timbits, Apple Fritter, and Fruit Explosion.

    Future Outlook

    Commercial Milkshakes Soft Serve Ice Creams Market Future Outlook

    The Global Commercial Milkshakes and Soft Serve Ice-Creams Market is projected to grow at a 6.47% CAGR from 2024 to 2035, driven by innovation, health trends, and expanding distribution channels.

    New opportunities lie in:

    • Develop plant-based milkshake options to cater to health-conscious consumers.
    • Leverage e-commerce platforms for direct-to-consumer sales growth.
    • Invest in sustainable packaging solutions to enhance brand image and attract eco-friendly consumers.

    By 2035, the market is expected to exhibit robust growth, reflecting evolving consumer preferences and innovative product offerings.

    Market Segmentation

    Regional Outlook

    • US
    • Canada
    • Mexico
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of Middle East and Africa

      Global Commercial Milkshakes and Soft Serve Ice-Creams Regional Outlook

    • US
    • Canada
    • Mexico
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of Middle East and Africa

    Commercial Milkshakes and Soft Serve Ice-Creams Market by Flavor Outlook (USD Million, 2019-2035)

    • Blueberry
    • Chocolate
    • Coffee
    • Strawberry
    • Vanilla
    • Other Flavors

    Commercial Milkshakes and Soft Serve Ice-Creams Market by Category Outlook (USD Million, 2019-2035)

    • Dairy
    • Plant-Based

    Commercial Milkshakes and Soft Serve Ice-Creams Market by Commercial Prep Type Outlook (USD Million, 2019-2035)

    • Cafes
    • Fast Food Outlets
    • Restaurants
    • Food Trucks

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 USD   43,452.86 million
    Market Size 2025 USD   46,361.57 million
    Market Size 2035 USD 86,559.59 million
    Compound Annual Growth Rate (CAGR) 6.68% (2025-2035)
    Base Year 2024
    Market Forecast Period 2025-2035
    Historical Data 2019- 2023
    Market Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered By Commercial Preparation, By Flavor, By Category, and Region
    Geographies Covered North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
    Countries Covered The U.S., Canada, Mexico, Germany, France ,U.K., Italy, Spain, Sweden, Poland, Rest of Europe, ANZ ,Rest of Asia-Pacific, Latin America, , Saudi Arabia, UAE, Oman, Qatar, Bahrain, Turkey, Rest of MEA.
    Key Companies Profiled MCDONALD'S, KFC, BURGER KING, WENDY’S, TIM HORTONS (RESTAURANT BRANDS INTERNATIONAL INC), DAIRY QUEEN CORPORATION (BERKSHIRE HATHAWAY), BASKIN-ROBBINS, BEN & JERRY’S HOMEMADE HOLDINGS INC, CULVER FRANCHISING SYSTEM, LLC., JOLLIBEE, CKE RESTAURANTS, FIVE GUYS ENTERPRISES, LLC, among, others.
    Key Market Opportunities ·         Customization Trends Offer Personalized Milkshake Options for Consumers ·         Digital Marketing and E-Commerce
    Key Market Dynamics ·         Growing Consumer Demand for Convenient and Tasty Beverages ·         Busy Lifestyles Drive the Need for Quick, On-The-Go Drinks

    FAQs

    How much is the Global Commercial Milkshakes and Soft Serve Ice-Creams Market?

    The Commercial Milkshakes and Soft Serve Ice-Creams Market size is expected to be valued at USD 4,246.18 million in 2035.

    What is the growth rate of the Global Commercial Milkshakes and Soft Serve Ice-Creams Market?

    The global market is projected to grow at a CAGR of 5.81% during the forecast period, 2025-2035.

    Which region held the largest market share in the Global Commercial Milkshakes and Soft Serve Ice-Creams Market?

    Asia-Pacific had the largest share of the global market.

    Who are the key players in the Global Commercial Milkshakes and Soft Serve Ice-Creams Market?

    The key players in the market are MCDONALD'S, KFC, BURGER KING, WENDY’S, TIM HORTONS (RESTAURANT BRANDS INTERNATIONAL INC), DAIRY QUEEN CORPORATION (BERKSHIRE HATHAWAY), BASKIN-ROBBINS, BEN & JERRY’S HOMEMADE HOLDINGS INC, CULVER FRANCHISING SYSTEM, LLC., JOLLIBEE, CKE RESTAURANTS, FIVE GUYS ENTERPRISES, LLC, among others.

    Which Flavor led the Global Commercial Milkshakes and Soft Serve Ice-Creams Market?

    The Strawberry category dominated the market in 2024.

    Which Category had the largest market share in the Global Commercial Milkshakes and Soft Serve Ice-Creams Market?

    The Dairy segment had the largest share of revenue on the global market.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials