Artisanal Ice Cream Market share, Size |Industry Growth 2029
According to TechSci Research report, “Global Artisanal Ice Cream Market – Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global Artisanal Ice Cream Market stood at USD 8.1 Billion in 2023 and is anticipated to grow with a CAGR of 4.1% in the forecast period, 2025-2029. The global artisanal ice cream market has emerged as a vibrant and dynamic sector within the broader ice cream industry, characterized by a focus on premium quality, unique flavors, and handcrafted production methods.
The artisanal ice cream market has experienced significant growth in recent years, driven by changing consumer preferences, an increased emphasis on quality and authenticity, and a desire for unique gastronomic experiences. This market segment has carved out a niche by offering handcrafted, small-batch ice creams that stand apart from the mass-produced alternatives dominating the industry.
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Market Trends
- Shift Towards Healthier Options: With increasing health consciousness among consumers, there is a noticeable trend towards healthier edible oil options in India. Oils perceived as healthier, such as olive oil, rice bran oil, and sunflower oil, are gaining popularity due to their lower saturated fat content and higher levels of unsaturated fats, antioxidants, and vitamins. Health-focused consumers are seeking oils that offer cardiovascular benefits, weight management support, and overall well-being, driving demand for healthier alternatives in the edible oil market.
- Rise in Organic and Cold-Pressed Varieties: The demand for organic and cold-pressed edible oils is on the rise in India, driven by concerns about pesticide residues, chemical additives, and environmental sustainability. Organic oils, produced without synthetic pesticides or fertilizers, appeal to health-conscious consumers seeking natural and environmentally friendly options. Cold-pressed oils, extracted without heat or chemicals, preserve the nutritional integrity and flavor of the oil, making them popular choices among discerning consumers looking for premium quality and purity in their cooking oils.
- Expanding Online Sales Channels: The proliferation of e-commerce platforms and online grocery delivery services is transforming the distribution landscape of the India edible oil market. Consumers increasingly prefer the convenience of ordering edible oils online, with doorstep delivery and a wide selection of brands and variants available at their fingertips. Online platforms offer competitive pricing, promotional discounts, and personalized recommendations, driving sales and customer engagement in the digital marketplace.
- Rural Market Penetration: The India edible oil market is witnessing increased penetration into rural and semi-urban areas, driven by rising disposable incomes, changing dietary preferences, and government initiatives to promote rural livelihoods and agricultural development. Edible oil companies are targeting rural consumers with affordable packaging sizes, localized marketing campaigns, and distribution networks tailored to rural markets, tapping into the vast potential of India’s rural demographic and contributing to market growth and expansion beyond urban centers.
Market Drivers
- Population Growth and Urbanization: India’s rapidly growing population and urbanization trends contribute to increased demand for edible oils, driven by changing lifestyles, dietary habits, and food preferences. Urbanization leads to higher consumption of processed and convenience foods, driving demand for edible oils used in cooking, baking, frying, and food preparation. The growing urban population, coupled with rising household incomes, fuels the demand for edible oils as essential cooking ingredients in urban households and food service establishments.
- Economic Development and Rising Affluence: Economic development and rising affluence levels in India result in increased purchasing power and consumer spending on food and beverages, including edible oils. As household incomes rise, consumers upgrade to premium and branded edible oil products, seeking quality, consistency, and brand assurance in their cooking oils. Premiumization trends, driven by aspirational lifestyles and brand consciousness, stimulate demand for higher-value edible oil variants, contributing to market growth and revenue expansion for edible oil manufacturers and distributors.
- Government Policies and Agricultural Initiatives: Government policies and agricultural initiatives play a significant role in shaping the India edible oil market, influencing production, trade, and pricing dynamics in the edible oil sector. Policies such as import tariffs, export subsidies, and agricultural subsidies impact the competitiveness and profitability of domestic edible oil producers and importers, affecting market prices and supply chain dynamics. Agricultural initiatives promoting oilseed cultivation, technology adoption, and yield improvement contribute to self-sufficiency goals and enhance domestic production capacities in the edible oil industry.
- Health and Wellness Awareness: Increasing awareness of health and wellness drives consumer preferences towards healthier edible oil options, such as olive oil, canola oil, and sesame oil, perceived as beneficial for heart health, cholesterol management, and overall well-being. Health campaigns, nutritional education programs, and dietary guidelines advocate for the consumption of unsaturated fats, omega-3 fatty acids, and antioxidants present in certain edible oils, influencing consumer choices and purchasing decisions in the market. The growing emphasis on preventive healthcare and nutritional awareness fosters demand for edible oils with functional benefits and nutritional advantages, driving innovation and product differentiation in the market.
Major companies operating in global Artisanal Ice Cream market are:
- Unilever PLC
- Nye’s Cream Sandwiches
- Van Leeuwan Ice Cream LLC
- Nestlé S.A.
- Minus 30 Private Limited
- Carmela Ice Cream
- McConnell’s Fine Ice Creams LLC
- Beckon LLC
- CREAMALICIOUS, LLC
- Ample Hills Creamery, Inc.
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“The global artisanal ice cream market stands at the intersection of tradition and innovation, offering consumers a diverse array of handcrafted frozen delights. Driven by evolving consumer preferences, a focus on quality and authenticity, and a vibrant landscape of established and emerging players, the market continues to thrive. The future promises further growth, with ongoing trends in innovation, sustainability, and global expansion shaping the trajectory of this delectable segment within the frozen desserts industry. As consumers increasingly seek not just a treat but a culinary experience, the global artisanal ice cream market is poised for continued success and creative evolution.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Artisanal Ice Cream Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Conventional, Lactose-Free), By Flavor (Vanilla, Chocolate, Fruits & Nuts, Others), By Distribution Channel (Convenience Stores, Specialty Stores, Supermarkets/Hypermarkets, Online, Others), By Region, By Competition, 2019-2029, has evaluated the future growth potential of global Artisanal Ice Cream Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global Artisanal Ice Cream Market.
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