About Ice Pops
The ice pop is a water or milk-based frozen snack on a stick. It is unlike ice cream or sorbet, which are whipped while freezing to prevent ice crystal formation. The ice pop is "quiescently" frozen while at rest and then becomes a solid block of ice. The stick in it is used as a handle or hold it. However, without stick the product is called by different name, for instance freezie. Further, the ice pops are known with different name according to region. Such as Popsicle, freezer pop, ice lolly, ice pop, in Canada, United States, United Kingdom respectively.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 20.3% |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Ice Pops 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.
Popsicle (Canada), Jel Sert (United States), GoodPop (United States), Ruby Rockets (China), J&J Snack Foods (United States) and Outshine (Canda) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Chloe’s Pops (France).
Segmentation Overview
AMA Research has segmented the market of Global Ice Pops market by Type (Fruit Ice Pops, Dairy Ice Pops and Others), Application (Residential and Commercial) and Region.
On the basis of geography, the market of Ice Pops 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 Size, the sub-segment i.e. Mini will boost the Ice Pops market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel, the sub-segment i.e. Supermarkets will boost the Ice Pops market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Changing Lifestyle of Individuals and Introduction of New Flavors in Ice Pops
Market Growth Drivers:
Increasing Popularity of Ice Pops is Fuelling the Market and Rising Disposable Income
Challenges:
Lack of Manpower Required for the Production and Health Issues caused due to Over Consumption of Ice Pops
Restraints:
Changing Raw Material Prices
Opportunities:
Increasing Popularity of Flavoured Ice Pops
Market Leaders and their expansionary development strategies
In December 2022The Ferrero Group (Ferrero) and Wells Enterprises (Wells) announced an agreement for Ferrero to acquire Wells, its operations and its strong ice cream brands, which include Blue Bunny®, Blue Ribbon Classics®, Bomb Pop® and Halo Top®. The acquisition is part of Ferrero's strategic growth ambitions for the ice cream category and Wells' vision for accelerated growth.
In November 2022,Popsicle brand Skippi Ice Pops on Tuesday launched the Skippi Freezer Bike, customised and delivered by BikeWo, for easy and convenient delivery to consumers.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organisations and Others
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.