About Ice Cream Powder
The skim-milk powder is used while the production of ice cream powder which allows increasing the solid content in ice creams. The United States ice cream powder market is expected to grow at a moderate pace during the forecast period, according to the AMA study. The rising demand for organic flavored ice cream powder products and increasing demand for homemade hot serve ice cream are expected to be some of the major factors aiding the growth of the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.4% |
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the market. The recent global industry crisis due to the outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries had been shut down during 2020 which has now resumed again in order to regain the market growth. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Ice Cream Powder market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Revala Ltd. (Estonia), Amul (India), MEADOWVALE, INC. (United States), TOP CREAMERY FOOD MFG. CORP. (Canada), Famous Italian Ices, Inc. (United States), Natural Foods (India) and HP Hood LLC (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Ice Cream Powder market by , Application (Hot Serve and Cold Serve) and Region.
On the basis of geography, the market of Ice Cream Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Packaging, the sub-segment i.e. Pouches will boost the Ice Cream Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Ice Cream Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavor, the sub-segment i.e. Organic will boost the Ice Cream Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Health Consciousness Among Consumers
Market Growth Drivers:
Rising Demand for Organic Flavored Ice Cream Powder Products and Increasing Demand for Home Made Hot Serve Ice Cream
Challenges:
High Cost
Restraints:
Fluctuations in Raw Materials Prices
Opportunities:
Rising Younger Generation Population Propelling the Demand for Ice Cream Products
Market Leaders and their expansionary development strategies
In Feb 2022, ARS researchers have shown some freeze-dried berry powders—especially freeze-dried strawberry powder can act as outstanding stabilizers in ice cream and other frozen dairy desserts. Freeze-dried strawberry powder is so effective a stabilizer that frozen dairy desserts with it included will maintain their shape even after reaching room temperature, according to Agricultural Research Service (ARS) research food technologist Cristina Bilbao-Sainz with the Healthy Processed Foods Research Unit
In April 2023, Vadilal Enterprises, the leading ice cream brand in the country, has embarked on its Summer 2023 campaign with an upbeat, trendy and relatable music video, Dil Bole Waah WaahWaah. The vibrant music video, DilBoleWaahWaahWaah, is core to Vadilal's popular campaign, Dil Bole Waah Vadilal, which revolves around the concept of how people spontaneously appreciate and applaud, saying 'Waah', after tasting something delicious and especially, Vadilal ice creams. This idea works as the driving force behind the brand's new campaign.
Analyst View
Since the COVID-19 virus outbreak in December 2019, the disease has spread to more than 200 countries across the world along with the World Health Organization declaring it a public health emergency. The impact of the COVID-19 has already hit many industries and has also affected the United States ice cream powder market slightly in FY 2020. The outbreak of COVID-19 has brought effects on many aspects, like scheduled public transportation cancellations; downfall in the real estate sector; travel bans and quarantines; closed operations across hotels & restaurants; banning of public gatherings & events; large slow-down in the supply chain of different markets; stock market unpredictability; declining business assurance, and uncertainty in the future market dynamics. Therefore, due to these factors and lockdown situations across United States' regions, most of the people stayed at home which decreased the demand for ice cream powder & consumption of ice cream.
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.