New York, United States, March 20, 2025 (GLOBE NEWSWIRE) — As per the Latest Report by Market Strides, the global gourmet ice cream market size was valued at USD 15.43 billion in 2024 and is estimated to reach USD 60.67 billion by 2033, growing at a CAGR of 16.43% during the forecast period (2025–2033).
Gourmet ice cream refers to premium, high-end frozen desserts distinguished by their rich flavors, unique ingredients, and artisanal production methods. Unlike mass-produced options, gourmet ice creams are typically crafted in small batches using fresh, locally sourced ingredients to ensure superior taste and texture. With a higher milk-to-air ratio, these ice creams have a denser, creamier consistency.
This category also includes innovative and exotic flavors, appealing to adventurous consumers seeking a more refined dessert experience. It encompasses varieties such as gelato, sorbet, frozen custard, and other specialized frozen treats, often catering to those who desire indulgence and authenticity in their sweet treats.
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Growing Consumer Preference for Premium Products Drives Market Growth
The increasing demand for premium products, such as gourmet ice cream, reflects a broader shift in consumer behavior toward valuing quality over quantity. With rising disposable incomes, consumers are opting for indulgent, high-end offerings, particularly in the food and beverage industry, where there is a growing interest in unique, artisanal flavors and high-quality ingredients.
- For example, in September 2024, Smoor announced a partnership with Hangyo Ice Creams to launch a new gourmet ice cream range, illustrating the rising consumer preference for luxury ice creams made with premium ingredients and innovative flavors. Additionally, the growing interest in health-conscious, ethical, and sustainable choices is contributing to the expansion of the gourmet ice cream market.
Expansion into Emerging Markets Presents Significant Growth Opportunities
Emerging markets are proving to be key growth areas for the gourmet ice cream sector, driven by rising urbanization and increasing disposable incomes. Consumers in markets such as India, Southeast Asia, and Latin America are developing a growing appetite for premium food products, including high-end ice cream.
A notable example of this trend is Amadora Ice Cream’s expansion from Bangalore to Chennai in 2023, where it focused on offering high-quality, locally sourced ingredients in its products. This move capitalized on the increasing demand for gourmet and artisanal ice cream in India, as consumers are more willing to invest in indulgent, unique experiences. As urban populations become more affluent and discerning, these market expansions are critical to tapping into the rising demand for premium food products in emerging regions.
Regional Analysis
North America continues to dominate the global gourmet ice cream market, holding over 30% of the market share. This leadership is fueled by high consumer purchasing power, a strong culture of indulgence, and a rising preference for premium food offerings. In the U.S. and Canada, the demand for artisanal and gourmet ice creams has significantly increased, with consumers gravitating toward high-quality, unique flavors made with natural, locally sourced ingredients. Additionally, the trend toward health-conscious eating is gaining traction, with many North American brands offering low-calorie, dairy-free, or organic options.
- For example, in 2024, the well-known U.S. brand Jeni’s Splendid Ice Creams expanded its market presence by introducing new flavors and sustainable packaging. This move reflects how North American brands are capitalizing on consumer demand for both premium products and ethical practices. Furthermore, the rise of online delivery services in North America has made gourmet ice cream more accessible, further contributing to the market’s growth.
Key Highlights
- Based on product type, gelato leads the global gourmet ice cream market due to its rich, creamy texture and premium appeal.
- In terms of distribution channels, offline sales dominate the market, with consumers preferring to purchase gourmet ice cream in stores for a more sensory shopping experience.
- North America holds a dominant position in the global gourmet ice cream market, driven by high consumer purchasing power, a culture of indulgence, and a growing preference for premium, artisanal ice creams.
Competitive Players
- American Classic Specialities
- Amorino
- Braums Online L.L.C.
- Daves Gourmet Ice Cream
- Froneri International Ltd.
- Gelato Italia Ltd.
- General Mills Inc.
- Herrells Ice Cream
- iSwich Gourmet
- Mammino Gourmet Ice Cream
- Morellis Gelato
- Numoo
- Papacream
- Papitto Gelato
- Rons Gourmet Ice Cream
- Unilever PLC
- Vadilal Industries Ltd.
Recent Developments
- January 2025– Graeter’s Ice Cream, an Ohio-based brand, launched “Skyline Spice,” a unique flavor developed in collaboration with Cincinnati’s Skyline Chili. This ice cream combines Graeter’s handcrafted French Pot ice cream with oyster crackers and Skyline’s signature chili spice mix, offering a sweet and savory experience.
Segmentation
By Product
- Gelato
- Sorbet
- Frozen custard
- Others
By Distribution Channel
By Regions
- North America
- Europe
- APAC
- Middle East and Africa
- LATAM
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