The Commercial Milkshakes and Soft Serve Ice-Creams market is expected to increase significantly during the study period, with a CAGR of 6.68% for Commercial Milkshakes and 3.68% for Soft Serve Ice Creams.
Growing consumer demand for convenient and tasty beverages, as well as busy lifestyles, drive the need for quick, on-the-go drinks, while the growing popularity of plant-based and organic products propels the Global Commercial Milkshakes and Soft Serve Ice Creams Market.
As per Analyst at MRFR The global milkshake market is expanding, owing primarily to the desire for portable, on-the-go products as people lead busy lives. Customers are increasingly looking for easy solutions tailored to fit around their hectic schedules, finding a balance between their work, family, and personal duties.
Market Segment insights
The Global Commercial Milkshake and Soft Serve Ice Creams market is divided into four categories: restaurants, cafes, fast food outlets, and food trucks.
The Global Commercial Milkshake and Soft Serve Ice-Creams market is segmented by flavor: Chocolate, Vanilla, Strawberry, Blueberry, Coffee, and Others.
The global milkshake market is divided into two categories: dairy and plant-based.
Regional insights
By region, the global Commercial Milkshakes and Soft Serve Ice Creams market is divided into five regions: North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America. The Asia-Pacific Commercial Milkshakes and Soft Serve Ice-Creams market held the biggest market share in 2024, with Latin America predicted to develop at a considerable CAGR over the study period. The Asia-Pacific region dominated the commercial milkshakes and soft serve ice creams market due to rising disposable incomes, fast urbanization, and a growing middle-class population with an increased demand for quick and decadent culinary options.
Countries such as China, India, and Japan saw an increase in quick-service restaurants and café chains, which fueled demand. Furthermore, the region's youthful demography and social media influence had a huge impact on purchasing trends, particularly among Generation Z and millennials. Local and multinational businesses actively grew, using digital platforms and localized flavors to cater to a wide range of consumer preferences.
Latin America's commercial milkshakes and soft serve ice creams market is predicted to develop at a high CAGR during the study period, driven by changing consumer lifestyles and rising demand for quick, on-the-go dessert options.
Major Players
MCDONALD'S, KFC, BURGER KING, WENDY'S, TIM HORTONS (RESTAURANT BRANDS INTERNATIONAL INC), DAIRY QUEEN CORPORATION (BERKSHIRE HATHAWAY), BASKIN-ROBBINS, BEN & JERRY'S HOMEMADE HOLDINGS INC, CULVER FRANCHISING SYSTEM, LLC., JOLLIBEE, CKE RESTAURANTS, FIVE GUYS ENTERPRISES, LLC, and others are among the market's major players.
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