According to the latest report by Expert Market Research, titled Ice Cream Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2022-2027,” the global ice cream market size reached a value of US$ 68.8 Billion in 2021. Ice cream is a milk-based frozen dessert that is a rich source of calcium, folate, vitamins A, C, D, E, K, B-6 and B-12, niacin, thiamine, phosphorus, and riboflavin. It commonly involves the use of cream, sugar, sweeteners, food colorings, fruits, butterfat, eggs, and artificial or natural flavorings in its preparation. Having a smooth and creamy texture, it is widely available in numerous flavors, including vanilla, strawberry, butterscotch, chocolate and chocolate chips. The global market is majorly driven by the increasing uptake of convenience foods, including ice creams, by the masses. This is supported by rapid urbanization, the inflating disposable income levels of individuals and their shifting dietary preferences. The major key players profiled in the ice cream market report include Unilever Group Nestle S.A., Lotte Confectionery, General Mills, Inc., Mars, Blue Bell Creameries, Mihan Dairy Inc., Wells Dairy Inc., Turkey Hill, and Meiji Holdings Co. Ltd.
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