Ice Cream Manufacturing in Australia - Industry Market Research Report
Description
Ice Cream Manufacturing in Australia
During the COVID-19 pandemic, ice cream products grew in popularity among consumers as they sought comfort food during government-mandated restrictions. Major manufacturers also filled supermarkets with healthy, alternative ice creams and premium products. Consumers indulged in premium ice cream as a small luxury during the pandemic, driving up demand. Rising health consciousness during the pandemic offset some demand and revenue growth, with consumers deviating towards healthier alternatives like frozen yoghurt and dairy-free ice creams. Despite trending health consciousness, industry revenue is expected to grow at an annualised 2.6% over the five years through 2022-23, but anticipated to decline 1.1% in the current year, to total $1.3 billion.
Companies in the industry manufacture ice cream, sorbet, gelato and frozen confectionery. Ice creams manufactured from non-dairy substances like soy are excluded from the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
During the COVID-19 pandemic, ice cream products grew in popularity among consumers as they sought comfort food during government-mandated restrictions. Major manufacturers also filled supermarkets with healthy, alternative ice creams and premium products. Consumers indulged in premium ice cream as a small luxury during the pandemic, driving up demand. Rising health consciousness during the pandemic offset some demand and revenue growth, with consumers deviating towards healthier alternatives like frozen yoghurt and dairy-free ice creams. Despite trending health consciousness, industry revenue is expected to grow at an annualised 2.6% over the five years through 2022-23, but anticipated to decline 1.1% in the current year, to total $1.3 billion.
Companies in the industry manufacture ice cream, sorbet, gelato and frozen confectionery. Ice creams manufactured from non-dairy substances like soy are excluded from the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
49 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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