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There is increasing demand for ice cream products that are perceived as healthier, such as low-fat, low-sugar, dairy-free, and plant-based options. Manufacturers are responding by expanding their product lines to include these alternatives. Consumers are willing to pay more for high-quality ice cream with premium ingredients and gourmet flavors. This trend has led to the growth of artisanal ice cream brands and flavors that offer unique and indulgent experiences. Manufacturers are constantly innovating with new and exotic flavors, catering to adventurous consumer tastes. Unique combinations, seasonal flavors, and limited-edition releases are becoming popular strategies to attract consumers.
Fluorocarbons segment in the refrigerated ice cream merchandise market held 66% share in 2023, influenced by regulatory frameworks aimed at reducing GHG emissions and phasing out ozone-depleting substances
The market size of refrigerated ice cream merchandise was crossed USD 12.6 billion in 2023 and is estimated to grow at 5.8% CAGR during 2024 to 2032, owing to the growing number of ice cream parlors.
North America refrigerated ice cream merchandise market was worth around USD 3.3 billion in 2023 and is expected to reach USD 5.5 billion by 2032, driven by hot weather and seasonal trends.
AHT Cooling Systems GmbH, Ali Group S.p.A., Beverage-Air Corporation, Blue Star Limited, Carrier Corporation, Dover Corporation, Frigoglass S.A.I.C., Hussmann Corporation, Lennox International Inc., and Liebherr Group among others.