Global Impulse Ice Cream Market

Impulse Ice Cream Market Size, Share, Growth Analysis, By Sales Type(On-Trade, Off-Trade), By Distribution Channel(Specialty Stores, Convenience Stores, Supermarkets/Hypermarkets, Online), By Region - Industry Forecast 2024-2031

Report ID: SQMIG30I2292 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 65 | Figures: 65

Impulse Ice Cream Market News

  • In March 2022, Turkey Hill introduced its brand-new Dipped DuosTM, which are made up of two quality ice cream flavors mixed into a single bar and covered in a thick layer of milk chocolate. There is a favored combination for everyone thanks to the four decadent flavors of Dipped Duos ice cream bars, which include Vanilla Bean & Chocolate, Caramel & Chocolate, Strawberry & Vanilla Bean, and Peanut Butter & Chocolate.
  • In August 2021, Baskin-Robbins launched two new flavors: novel Hidden Treasure ice cream and novel Non-Dairy Salted Fudge Bar as a plant-based frozen treat. Belgian chocolate ice cream with a crunchy chocolate cookie swirl and caramelized gold coins define Baskin-Robbins' Hidden Treasure (the concept being that the consumer enjoys them as the treasure). The second oat milk-based flavor from Baskin-Robbins is called Non-Dairy Salted Fudge Bar.
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FAQs

Impulse Ice Cream Market size was valued at USD 22.78 billion in 2019 and is poised to grow from USD 24.10 billion in 2023 to USD 37.84 billion by 2031, at a CAGR of 5.8% during the forecast period (2024-2031).

The market for impulse ice cream is highly concentrated, with the top 3–4 companies holding more than 90% of the market. With a varied portfolio, great brand recognition, widespread geographic reach, and a robust distribution network, Medtronic has been able to dominate the industry. Abbott and Boston Scientific Corporation have both experienced a decline in market share over the past few years as a result of delays in the introduction of cutting-edge products in the spinal cord stimulation and other key categories. 'Unilever Group (UK)', 'Direct Wholesale Foods (UK)', 'Turkey Hill Dairy (US)', 'Nestle S.A. (Switzerland)', 'General Mills (US)', 'Pure Ice Cream Co LLC (New Zealand)', 'IFFCO (Dubai)', 'Baskin-Robbins (US)', 'Vadilal Industries Limited (India)', 'International Dairy Queen, Inc. (US)'

The market is driven by a number of reasons. One of the key factors propelling the market is the increase in health issues. Due to the exceptional capacity to offer comfort in various kinds of illnesses, impulse ice cream has grown in favor over the years for treating chronic pain, shoulder pain, headaches, and brain injuries. In addition to treating depression, digestive, and sleeping issues, Impulse Ice Cream is used. Therefore, the business for is being driven by the widespread use of these devices to treat a variety of disorders.

The market is expected to be driven by an increase in the number of manufacturers who are constantly expanding their product lines by incorporating different organic & herbal fillings, functional ingredients, and exotic flavors in order to formulate them to meet consumer demand. The market for these goods will likely continue to develop as more key market players adopt premiumization strategies in response to the rising demand for high-quality, clearly labeled ice creams and similar items. The market is being constrained, though, by worries about the health risks of eating ice cream on the spur of the moment and the seasonality of ice cream goods.

The impulse ice cream market size in North America was at its highest level, and the region's dominance is mostly attributable to its patients' higher rates of diagnosis and treatment as well as their greater use of impulse ice cream to treat chronic illnesses. The second-largest market share belonged to Europe. The demand for these devices is being fueled by a strong healthcare infrastructure as well as an increase in non-invasive device approvals in the area.

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Global Impulse Ice Cream Market

Report ID: SQMIG30I2292

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