Ice Cream Market in the US to Grow at a CAGR of 2.09% During the Period 2016 - 2020; Finds New Report
Market Research Reports, Inc. has announced the addition of “Ice Cream Market in the US 2016 - 2020” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 05/25/2016 --Report forecast the Ice Cream Market in the US to grow at a CAGR of 2.09% during the period 2016-2020.
The ice cream market in the US comprises the take-home, impulse, and artisanal ice cream segments. The take-home ice cream segment led the market in 2015 with a 63.75% share. Increases in disposable income and impulse purchases, the introduction of new flavors, and consumption of ice-cream as a snack drive the consumption of ice cream products.
The report covers the present scenario and the growth prospects of the Ice Cream Market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated through sales of ice cream through retail stores such as supermarkets and hypermarkets, specialist retailers, convenience stores, service stations, and others (cash-and-carry retailers, vending machines, discounters).
According to the report, one of the key drivers of the growth of the global ice cream market is the launch of new and innovative products. Vendors are coming up with new products to remain competitive and also to attract and retain consumers.
Further, the report states that the number of obese and overweight people is on the rise globally. Governments are spending large amounts of money on medical expenses related to obesity.
Ice Cream Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the Global Ice Cream Market: Blue Bell Creameries, General Mills, Mars, Nestlé, Lotte Confectionary, and Unilever.
Other Prominent Vendors in the market are: Amul, Amy's Ice Creams, Bliss Unlimited, China Mengniu Dairy, Dean Foods, FrieslandCampina, Grupo Lala, Marina Ice Cream, Mikawaya, Oregon Ice Cream, Rich Ice Cream, So Delicious Dairy Free, Spoldzielnia Mleczarska Mlekovita, Three Twins Ice Cream, Tillamook, Vadilal, Weight Watchers International, and Yili Group.
Market driver
- Increased demand for private-label products
- For a full, detailed list, view our report
Market challenge
- Increased competition from frozen yogurt brands
- For a full, detailed list, view our report
Market trend
- Increased demand for premium ice cream products
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 57 pages and 25 Exhibit "Ice Cream Market in the US 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market outlook on ice cream consumption patterns in US, Market segmentation by flavor, Market segmentation by type, Market segmentation by distribution channel, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape.
For more information Visit at: http://www.marketresearchreports.com/technavio/ice-cream-market-us-2016-2020
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