Ice Cream Production in Canada
The Ice Cream Production industry in Canada creates a variety of frozen products including hard and soft ice cream, frozen yogourt, frozen ices and sherbet. Industry fortunes have fluctuated over the last two decades, and overall domestic consumption of ice cream and domestic production of hard ice cream have declined by over half since 2004. However, over the last five years, this decline appears to have been arrested. The industry has benefited from several trends over the past five years. While the return to growth for demand for the industry's largest product, hard ice cream, has been beneficial, it is the rise of niche products that has truly characterized the industry in recent years. Over the five years to 2023, conditions in the industry are forecast to remain stable and improve somewhat. While consumers are more health conscious than ever, the per capita consumption of industry products appears to have stabilized and could grow slightly over the next five years.
This industry comprises establishments that primarily manufacture ice cream, frozen yogourt, frozen ices, frozen tofu, sherbet and other frozen desserts (except frozen bakery foods, which are covered in IBISWorld report 31181CA). The majority of raw inputs come from the Dairy Farms industry in Canada (11212CA).
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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook