Ice Cream Stores
Driven by growth in per capita disposable income, as well as increases in both per capita sugar and sweetener consumption and per capita dairy consumption, the Ice Cream Stores industry has experienced strong growth over the five years to 2019. With a desire for desserts and more money in hand, consumers have left the ice cream gallons at the supermarkets, instead opting for the fresh-scooped cones or bowls offered at their local ice cream shops. Over the five years to 2019, per capita dairy consumption and per capita sugar and sweetener consumption have both increased slightly; however, the healthy eating index, a measure of the percentage of a recommended diet that Americans consume on an annual basis, has remained stagnant. Ice cream store operators are expected to experience continued revenue growth over the five years to 2024. Although health-conscious consumers are expected to continue choosing healthier dessert options over ice cream and gelato, per capita disposable income is expected to increase during the period, leading other consumers to spend more at industry establishments.
This industry comprises establishments that prepare or serve ice cream, ice cream treats, sorbet and gelato. Purchases may be consumed on-site, taken out or delivered. Ice cream is made from dairy products or dairy alternatives, such as soy milk. Gelato generally has a lower butterfat content than ice cream, while sorbet is a sweetened water that is flavored with fruit. Most stores offer ice cream, ice cream treats and ice cream with toppings.
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.
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