The Commercial Milkshakes and Soft Serve Ice-Creams market is expected to experience substantial growth during the review period, with a compound annual growth rate (CAGR) of 6.68% for Commercial Milkshakes and 3.68% for Soft Serve Ice-Creams.
The global Commercial Milkshakes and Soft Serve Ice Creams market is primarily being driven by the growing demand for beverages that are easy to consume. As customers' hectic lifestyles become more prevalent, they are increasingly pursuing fast and nutritious solutions. This requirement is met by milkshakes, particularly those that are fortified with vitamins, proteins, and minerals. The market demand is being significantly augmented by the growing trend of on-the-go consumption, particularly among younger demographics. Furthermore, the growing popularity of premium milkshakes that contain organic and plant-based ingredients is in line with the preferences of health-conscious consumers. The market is expanding rapidly as a result of these factors and the growing number of fast-food chains, cafés, and restaurants that offer milkshakes as a standard menu item.
Market segment insights
Restaurants, cafes, fast food outlets, and food trucks comprise the Global Commercial Milkshake and Soft Serve Ice Creams market, which has been segmented according to its type.
The Global market has been segmented into Chocolate, Vanilla, Strawberry, Blueberry, Coffee, and Others based on flavor.
The global milkshake market has been divided into two categories: Dairy and Plant-Based.
Regional Perspectives
By geographic area, the global Commercial Milkshakes and Soft Serve Ice-Creams market is divided into five regions: North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. In 2024, the Asia-Pacific Commercial Milkshakes and Soft Serve Ice-Creams market held the largest market share, and Latin America is anticipated to experience substantial CAGR growth during the study period. The Asia-Pacific region dominated the commercial milkshakes and soft serve ice creams market because of the expanding middle class population, rapid urbanization, and rising disposable incomes, which is driving the demand for convenient and indulgent food options.
A surge in the number of quick-service restaurants and café chains was observed in countries such as China, India, and Japan, which further increased demand. Furthermore, consumption trends were considerably influenced by the region's youthful demographic and social media landscape, particularly among Gen Z and millennials. Local and international brands expanded rapidly, capitalizing on digital platforms and localized Flavors to cater to a wide range of consumer preferences.
The commercial milkshakes and soft serve ice creams market in Latin America is anticipated to experience a substantial CAGR growth during the study period as a result of the growing demand for convenient, on-the-go refreshment options and the evolving lifestyles of consumers. The expansion of the middle class and the increase in disposable incomes in countries such as Brazil, Mexico, and Colombia have incited a surge in the consumption of indulgent food products.
Major Players
Among the major players in the market are 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, and FIVE GUYS ENTERPRISES, LLC, among others.
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