Ice Cream Market Overview in the United Kingdom
The value of the ice cream market in the UK declined slightly to $ in 2019, flattening at 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). In general, the total consumption indicated a noticeable expansion from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2015 indices. The pace of growth was the most pronounced in 2018 with an increase of % year-to-year. As a result, consumption attained the peak level of $, and then fell in the following year.