Ice Cream Market Overview in the USA
In value terms, ice cream production reached $ in 2019. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of % year-to-year. Ice cream production peaked in 2019 and is likely to see steady growth in the immediate term.
The size of the ice cream market in the U.S. stood at $ 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). Overall, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the market value increased by % against the previous year. Over the period under review, the market reached the maximum level in 2019 and is expected to retain growth in the immediate term.