Ice Cream Market Overview in the United Kingdom
In value terms, ice cream production reduced to $ in 2019 estimated in export prices. In general, production continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2008 when the production volume increased by % y-o-y. As a result, production reached the peak level of $. From 2009 to 2019, production growth remained at a somewhat lower figure.
The size of the ice cream market in the UK declined to $ in 2019, falling by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a noticeable curtailment. The growth pace was the most rapid in 2008 when the market value increased by % y-o-y. As a result, consumption reached the peak level of $. From 2009 to 2019, the growth of the market remained at a somewhat lower figure.