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Ice-cream Premix & Stabilizers Market size was valued at USD 2.75 billion in 2022 and is estimated to grow at a CAGR of 3.3% between 2023 and 2032, propelled by the rising demand for premium and artisanal ice cream products. Ice cream products with distinctive tastes and those manufactured with premium ingredients are becoming increasingly popular with consumers. Premium and artisanal ice creams are frequently created in small batches with fresh, seasonal ingredients.
As a result, the product is of higher quality and has a more complex flavor profile. Manufacturers of these items are increasingly focused on creating new and novel premixes and stabilizers to assist ice cream makers in creating distinctive and delicious products.
Report Attribute | Details |
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Base Year: | 2022 |
Ice-cream Premix & Stabilizers Market Size in 2022: | USD 2.75 Billion |
Forecast Period: | |
Forecast Period 2023 - 2032 CAGR: | |
2023 Value Projection: | USD 3.82 Billion |
Historical Data for: | 2018 – 2022 |
No of Pages: | 180 |
Tables, Charts & Figures: | 289 |
Segments Covered: | type, stabilizers type, application, and distribution channels |
Growth Drivers: |
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Pitfalls Challenges: |
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Price fluctuations in raw materials are a key restraint to the expansion of the ice cream premix & stabilizers industry. The pricing of raw ingredients such as sugar, milk, and cocoa can vary significantly according to a variety of factors such as crop yields, weather, and economic situations. These changes can make budgeting for manufacturing costs and maintaining profit margins challenging for ice cream businesses. Furthermore, the ice cream premix & stabilizers industry is very competitive, with both small and large manufacturers present. This rivalry can make it challenging for ice cream makers to pass on higher raw material prices to customers.
The pandemic of COVID-19 has had a substantial influence on the market for ice cream premix and stabilizers. Demand for ice cream products fell in the early stages of the pandemic because people were confined to their homes and restaurants and ice cream parlors were closed. People have found it difficult to gather and socialize because of social distancing measures. This has resulted in a decrease in demand for ice cream products, since individuals are less likely to buy ice cream for gatherings.
The market for ice cream premixes & stabilizers is experiencing a major trend toward increased demand for natural and clean label components. Consumers are increasingly looking for ice cream that is free of artificial additives and preservatives, prompting makers to employ natural stabilizers and emulsifiers produced from plant sources. Furthermore, there is a growing interest in distinctive and exotic flavors, which is driving innovation in premix formulas to meet changing customer preferences, as well as a growing emphasis on sustainability, which is boosting the use of ecologically friendly packaging materials in the ice cream sector.
Based on type, the premix type segment dominated around USD 2.07 billion revenue in 2022. This is because premixes are more convenient and easier to use than stabilizers. Ice cream premixes are dry or liquid mixtures that contain all of the ingredients needed to make ice cream, except for milk or water. Premixes are typically made with sugar, flavorings, and stabilizers. Customers who are looking for convenience and ease of use may prefer to use premixes.
Based on stabilizers type, the gelatin stabilizer type segment accounted for 30.5% of the ice-cream premix & stabilizers market share in 2022, due to gelatin's ability to improve the texture and quality of ice cream products. It can aid in preventing ice cream from melting too soon, preventing the formation of ice crystals, and improving the overall creaminess of the ice cream.
Based on application, the ice cream segment recorded more than 49.9% of the ice-cream premix & stabilizers market share in 2022. Ice cream is the most common use for ice cream premixes and stabilizers, because of its popularity and widespread consumption. Customers are increasingly looking for ice cream that is created with high-quality ingredients and has distinct flavors.
Based on distribution channels, the supermarkets and hypermarkets segment is anticipated to expand at 3.9% CAGR through 2032. Supermarkets and hypermarkets are the most important distribution channels for ice cream premixes and stabilizers because of their vast availability and diverse product offerings. They are commonly seen in suburban and urban regions. Supermarkets and hypermarkets are popular shopping destinations for those who wish to buy a range of products all in one place.
North America ice-cream premix & stabilizers market size held over USD 976 million in 2022, owing to rising demand for ice cream products, particularly in the United States. The increasing popularity of premium and artisanal ice cream products, increased demand for healthy and functional ice cream products, and an expanded product array of ice cream premixes and stabilizers are all projected to fuel market expansion.
Major companies operating in the ice-cream premix & stabilizers industry include:
Kerry Group is a global food and beverage industry leader, supplying customers in over 140 countries with a diverse range of ingredients and technologies. The company has a significant position in the ice cream market, with a diverse array of stabilizers, premixes, and other components. The company provides a variety of stabilizers that can be used to accomplish various benefits, such as less melting, smoother texture, and increased shelf life.
Market, By Type
Market, By Stabilizers Type
Market, By Application
Market, By Distribution Channels
The above information has been provided for the following regions and countries: