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Opportunities in the Asia-Pacific Ice Cream Sector: Analysis of Opportunities Offered by High Growth Economies

Opportunities in the Asia-Pacific Ice Cream Sector: Analysis of Opportunities Offered by High Growth Economies

Summary

Global Ice Cream sector was valued at US$149,316.4 Million in 2016 and is forecast to record a CAGR of 4.1% during 2016-2021 to reach US$182,839.2 Million by 2021. North America, with a value share of 40.1% in the global Ice Cream sector in 2016, represents the largest regional market, while the Asia-Pacific region accounted for a 20.5% share in 2016. The region is expected to grow at the second fastest CAGR of 6.2% (value) during 2016-2021.

Asia-Pacific Ice Cream sector is expected to grow from US$30,597.5 Million in 2016 to US$41,319.2 Million by 2021, registering a CAGR of 6.2%. Impulse Ice Cream - Single Serve is the largest as well as the fastest growing market. The market is forecast to grow from US$14,536.6 Million in 2016 to US$20,205.2 Million by 2021, registering a CAGR of 6.8%. Artisanal Ice Cream is the second largest market with value sales of US$8,116.3 Million in 2016.

On Trade is the most popular distribution channel for Ice Cream in the Asia-Pacific region, accounting for 41.2% of overall value sales in 2016, followed by Hypermarkets & Supermarkets with a 25.1% value share in the same year. Food & Drinks Specialists and Convenience Stores are the other major distribution channels.

Flexible Packaging is the most commonly used Package Material in the Asia-Pacific Ice Cream sector, accounting for 59.8% of sales (by units) in 2016, while Bag/Sachet is the most commonly used Pack Type with a share of 55.7% in the same year. Prize Off is the most commonly used Closure Type accounting for a 96.9% share, while Carton-Folding is the most commonly used packaging Outer Type accounting for 99.8% share.

Overall Ice Cream sector in the Asia-Pacific region is partly consolidated with the top five brands - Yili, Glico, Magnum, Häagen-Dazs and Cornetto - accounting for 19.1% of the market value in 2016. Private Label products held a 3.9% share in the Asia-Pacific Ice Cream sector in 2016.

The report Opportunities in the Asia-Pacific Ice Cream Sector brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific Ice Cream sector.

In particular, this report provides the following analysis -

  • Sector overview: Provides overview of the sector size, value and volume growth analysis across regions.
  • Change in consumption: Analysis on the shift in consumption of Ice Cream by markets across the key countries in the Asia-Pacific region.
  • High potential countries: Provides Risk-Reward analysis of top 4 high potential countries in the Asia-Pacific region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
  • Country analysis: Provides deep-dive analysis of 4 high potential countries covering value growth during 2016-2021, key challenges, consumer demographics, and key trends supported with product examples. It also includes analysis of the key challenges faced and future outlook for the region.
  • Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall Ice Cream sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Ice Cream products in the Asia-Pacific region in 2016. It also covers the market share of leading companies offering Ice Cream with Health & Wellness attributes in the same year.
  • Brand Analysis: Provides an overview of leading brands in the Asia-Pacific region, besides analyzing the growth of private label in the region.
  • Key distribution channels: Provides analysis on the leading distribution channels for Ice Cream across key countries in the Asia-Pacific region in 2016. The distribution channels are classified into On Trade and Off Trade. Off Trade includes Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, Dollar Stores and Others that include Cash & Carries and Warehouse Clubs and Other Retailers.
Companies mentioned in this report: Yili Group, Unilever, Nestle, Lotte, Haitai Confectionery, General Mills, Ezaki Glico, China Mengniu Dairy, Binggrae, Australasian Food Group.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific Ice Cream sector. It includes analysis on the following -
  • Sector overview: Provides overview of the sector size, value and volume growth analysis across regions.
  • Change in consumption: Analysis on the shift in consumption of Ice Cream by markets across the key countries in the Asia-Pacific region.
  • High potential countries: Provides Risk-Reward analysis of top 4 high potential countries in the Asia-Pacific region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
  • Country analysis: Provides deep-dive analysis of 4 high potential countries covering value growth during 2016-2021, key challenges, consumer demographics, and key trends supported with product examples. It also includes analysis of the key challenges faced and future outlook for the region.
  • Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall Ice Cream sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Ice Cream products in the Asia-Pacific region in 2016. It also covers the market share of leading companies offering Ice Cream with Health & Wellness attributes in the same year.
  • Brand Analysis: Provides an overview of leading brands in the Asia-Pacific region, besides analyzing the growth of private label in the region.
  • Key distribution channels: Provides analysis on the leading distribution channels for Ice Cream across key countries in the Asia-Pacific region in 2016. The distribution channels are classified into On Trade and Off Trade. Off Trade includes Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, Dollar Stores and Others that include Cash & Carries and Warehouse Clubs and Other Retailers.
  • Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various Packaging Materials, Pack Type, Closure and Outer Types based on the volume sales (by pack units) of Ice Cream.
Reasons to buy
  • Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
  • The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances
  • The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
  • To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates


  • Executive Summary
  • Market size and growth analysis
    • Market Size in Context - Asia-Pacific compared to other regions
      • Table Regional comparison: Market size, growth, and per capita analysis, 2016-2021
    • Growth Analysis by region
    • Growth Analysis by country
    • Growth Analysis by Market
  • Identifying high potential countries in Asia-Pacific
    • High potential countries in Asia-Pacific
    • Identifying high potential countries - Methodology
    • Identifying high potential countries - Risk, reward and opportunity analysis
  • Market size and growth analysis High potential countries in Asia-Pacific
    • High potential countries in Asia-Pacific - Overview
      • Table China is the largest market in both value and volume terms
    • Growth Contribution Analysis by Country
    • Growth Analysis Contribution by Country
    • Share of Ice Cream compared to other Food sectors
    • Change in consumption levels by country and markets
    • Per Capita Consumption and Expenditure analysis
  • Country Profiles High potential countries in Asia-Pacific
    • China
      • Chinese Ice Cream - Overview
    • Chinese Ice Cream - Demographic analysis
    • Chinese Ice Cream - Key trends
    • New Zealand
      • New Zealand Ice Cream - Overview
      • New Zealand Ice Cream - Demographic Analysis
      • New Zealand Ice Cream - Key trends
    • Malaysia
      • Malaysia Ice Cream - Overview
      • Malaysia Ice Cream - Demographic Analysis
      • Malaysia Ice Cream - Key trends
    • Japan
      • Japanese Ice Cream - Overview
      • Japanese Ice Cream- Demographic analysis
      • Japanese Ice Cream - Key trends
  • Success Stories
    • About Case Studies
    • Case Study: Talley's Green Tea Ice Cream
    • Case Study: Creambell Ice Cream
    • Case Study: Milani House of Gelato Dark Chocolate
  • Company and Brand Analysis
    • Brand Share analysis in the Ice Cream sector
    • Leading companies in the Asia-Pacific Ice Cream sector
    • Top brands in the Asia-Pacific Ice Cream sector
    • Private Label penetration in the Ice Cream sector
  • Health & Wellness Analysis
    • Health & Wellness Analysis - Overview
      • Table Health & Wellness value and its share in overall sales, 2011-2021
    • Health & Wellness Analysis - Growth contribution by country
    • Health & Wellness Analysis - Key product attributes and consumer benefits
    • Health & Wellness Analysis - Key Product Attributes and Consumer Benefits
    • Health & Wellness Analysis - Key Product Attributes and Consumer Benefits
    • Leading Health & Wellness companies by market share
  • Key Distribution Channels
    • Leading Distribution Channels by countries
      • Table Leading Distribution Channels in the Asia-Pacific by countries (by value) , 2016
    • Leading Distribution Channels by markets
      • Table Leading Distribution Channels in Asia-Pacific region by markets, 2016
  • Key Packaging Formats
    • Growth analysis by key Packaging Material and Pack Type
    • Growth analysis by Closure Type and Outer Type
  • Challenges and Future Outlook
    • Key Challenges
    • Future Outlook - Asia-Pacific
  • Appendix
    • Table Global - Ice Cream Sales, by Region - Value (US$ Million)
    • Table Global - Ice Cream Sales, by Region - Volume (Kg Million)
    • Table Growth Analysis, by Country - Value (US$ Million)
    • Table Growth Analysis, by Country - Volume (Kg Million)
    • Table Market Growth Analysis, by Country - Artisanal Ice Cream (US$ Million)
    • Table Market Growth Analysis, by Country - Impulse Ice Cream - Single Serve (US$ Million)
    • Table Market Growth Analysis, by Country - Take-Home and Bulk Ice Cream (US$ Million)
    • Table Market Growth Analysis, by Country - Artisanal Ice Cream (Kg Million)
    • Table Market Growth Analysis, by Country - Impulse Ice Cream - Single Serve (Kg Million)
    • Table Market Growth Analysis, by Country - Take-Home and Bulk Ice Cream (Kg Million)
    • Table Global - Brands vs. Private Label Value by Markets (US$ Million), 2016
    • Table Asia-Pacific - Brands vs. Private Label Value by Markets (US$ Million), 2016
    • Table Asia-Pacific - Brands vs. Private Label Value, by Country (US$ Million), 2016
    • Table Top five Brands value sales, Impulse Ice Cream - Single Serve (US$ Million), 2016
    • Table Top five Brands value sales, Take-Home and Bulk Ice Cream (US$ Million), 2016
    • Table Health & Wellness product attribute analysis in Asia-Pacific (US$ Million), 2016-2021
    • Table Health & Wellness consumer benefit attribute analysis in Asia-Pacific (US$ Million), 2016-2021
    • Table Leading Distribution Channels in the Asia-Pacific region (US$ Million)
    • Table Volume (Units) Growth by Packaging Material (2011-2021)
    • Table Volume (Units) Growth by Container Type (2011-2021)
    • Table Volume (Units) Growth by Outer Type (2011-2021)
    • Table Volume (Units) Growth by Closure Type (2011-2021)
  • Trends Definitions
    • GlobalData's TrendSights Framework
    • GlobalData has identified eight mega-trends that can be broken down into 63 trends
    • Definitions - Trends: Health & Wellness
    • Definitions - Trends: Sensory & Indulgence
    • Definitions - Trends: Comfort & Uncertainty
    • Definitions - Trends: Sustainability & Ethics
    • Definitions - Trends: Individualism & Expression
    • Definitions - Trends: Smart & Connected
    • Definitions - Trends: Easy & Affordable

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