The liquor flavored ice cream market is likely to register a CAGR of 7.2% during the forecast period, and is anticipated to reach a market share of USD 2.77 Billion in 2032, from USD 1.29 Billion in 2021, as consumer interest increases and higher the sales of the liquor flavored ice cream.
| Attributes | Details |
|---|---|
| Liquor Flavored Ice Cream Market CAGR | 7.2% |
| Liquor Flavored Ice Cream Market Size (2021) | USD 1.29 Billion |
| Liquor Flavored Ice Cream Market Size (2032) | USD 2.77 Billion |
As liquor flavored ice cream contains 0.5 percent or less infused alcohol, demand for liquor flavored ice cream is growing, which is causing a stir in the dairy business. There are a variety of ice cream flavors that have been infused with liquors such as vodka, rum, wine, whiskey, martini, and bourbon, which boost the sales of liquor flavored ice cream.
Along with the liquor-flavored ice cream scoops, liquor-flavored ice cream biscuits are also in high demand. The demand for vegan liquor flavored ice creams on the market that are produced with non-dairy ice cream.
As the percentage of vegans in industrialized countries is quickly increasing, vegan liquor flavored ice cream has a greater market opportunity, which affects the sales of liquor flavored ice cream.
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Strong and stable consumer spending in industrialized countries, as well as rising consumer expenditure in developing countries, are expected to boost demand for liquor flavored ice cream.
The availability of many tastes of liquor, as well as varied flavors of ice cream, is expected to provide customers with a wide range of options and expand their decision profiles, hence boost the liquor flavored ice cream market share. This is likely to pique consumer interest and boost sales of liquor-flavored ice cream around the world.
The global liquor flavored ice cream market share is expected to grow as the food and beverage industry thrives and expands. The food and beverage business is being driven by a shift in consumer perceptions and a growing desire to test new and creative products, setting a positive sales of liquor flavored ice cream market.
Demand for liquor-flavored ice cream is relatively recent in the global market, with many new markets still to embrace it. The global liquor flavored ice cream market is being driven by millennial demand, and it is expected to grow in the coming years due to increased demand from generation Z.
At the moment, the worldwide liquor flavored ice cream market is dominated by the North American and European markets. In comparison to other locations, North America and Europe have a significant amount of popularity and awareness of the product, which thrives the demand for liquor flavored ice cream.
Over the projected period, these regions are expected to hold a significant worldwide liquor flavored ice cream market share. The global liquor flavored ice cream market has increased opportunity and is likely to witness the highest growth over the forecast period due to increasing consumer spending, increasing population, and improving economic conditions and higher sales of liquor flavored ice cream in countries such as China, India, Brazil, Japan, South Korea, Turkey, and others.
Haagen-Dazs Nederland N.V, Tipsy Scoop, Mercer’s Dairy Inc, Bailey’s, Ben & Jerry’s, Viennetta in the liquor flavored ice cream market, holding a substantial liquor flavored ice cream market share.
| Report Attribute | Details |
|---|---|
| Growth rate | CAGR of 7.2% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical data | 2015 to 2020 |
| Forecast period | 2022 to 2032 |
| Quantitative units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
| Segments covered | Flavors, product type, distribution channel, region |
| Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand |
| Country scope | U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa |
| Key companies profiled | Haagen-Dazs Nederland N.V., Tipsy Scoop, Mercer’s Dairy Inc., Bailey’s, Ben & Jerry’s, Viennetta |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The liquor flavored ice cream market is anticipated to register a CAGR of 7.2% during the forecast period.
The liquor flavored ice cream market share is anticipated to reach USD 2.77 Billion in 2032.
Demand for liquor flavored ice cream is likely to rise, as consumer interest increases and trying new & innovative products is driving the food and beverages industry.
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Liquor Flavored Ice Cream Market
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