Market Overview:
The global sugar free ice cream market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about health and wellness, rising demand for healthy food products, and growing number of diabetic patients. In addition, the increasing penetration of supermarkets and hypermarkets is also contributing to the growth of this market. Based on type, the global sugar free ice cream market can be segmented into less than 720 calories, 720 to 1,000 calories, and more than 1,000 calories segments. The less than 720 calorie segment is projected to grow at a higher CAGR during the forecast period as compared to other segments owing to its health benefits such as weight loss and diabetes control. Based on application, online retail sector is expected witness highest growth rate in terms of value during 2018-2030 followed by specialty stores sector across all regions studied in this research study.
Product Definition:
Ice cream that is made without sugar. This type of ice cream is often favored by people who are diabetic or who are looking to cut down on their sugar intake.
Less than 720 calories:
The global sugar free ice cream market size was valued at USD 1.10 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period on account of rising health consciousness among consumers, especially in emerging economies such as China and India.
720 to 1,000 calories:
In the U.S., there is a huge demand for sugar free ice cream as people are becoming more health conscious and aware of the side effects of high calorie foods. The market is growing at a rapid rate due to increasing consumer awareness and changing lifestyles, which has resulted in obesity all over the world.
The manufacturers have been using this number for quite some time now to advertise their products as it sounds very attractive compared to other numbers that are available in the market at present.
Application Insights:
Online retail was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Online retailers offer various benefits, such as convenience, selection of flavors not available in physical stores, and affordable prices. This factor is anticipated to fuel product demand from online retailers over the forecast period.
The specialty stores application segment is also expected to witness significant growth during the study period owing to rising consumer preference for premium products sold in specialty stores. Moreover, manufacturers are focusing on offering new flavors that can be sold at higher profit margins compared with other ice cream shops or supermarkets which will further propel industry growth during the study period.
The modern trade application segment accounted for a share of 15% by revenue in 2017 due largely to increasing penetration of these vendors among corporate offices, hotels and restaurants.
Regional Analysis:
North America was the largest regional market for sugar free ice cream in 2017 owing to the presence of a large number of players and availability of premium products. The U.S., being one of the most developed nations, has witnessed an increase in obesity levels over the past few years. As per WHO, in 2016 more than 30% population aged between 20 and 39 years was obese and this percentage is expected to grow rapidly over next few decades which will create huge growth potential for premium ice creams across North America region.
Growth Factors:
- Increasing health awareness among people about the harmful effects of sugar on health is driving the demand for sugar free ice cream.
- Growing demand for healthy and low calorie food products is another major growth driver for the global sugar free ice cream market.
- Rising disposable income of consumers in developing countries is fuelling the demand for premium and luxury ice cream products, which are available in sugar-free variants.
- Rapid urbanization and changing lifestyle trends are also propelling the growth of this market globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sugar Free Ice Cream Market Research Report
By Type
Less than 720 calories, 720 to 1,000 calories, More than 1,000 calories
By Application
Online retail, Specialty stores, Modern trade, Convenience stores, Small groceries stores, Others
By Companies
Unilever, Kroger, Three Twins Ice Cream, General Mills, Rich Ice Cream, Amy's Ice Creams, Amul, Nestle, Lotte Confectionery, Arctic Zero
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Sugar Free Ice Cream Market Report Segments:
The global Sugar Free Ice Cream market is segmented on the basis of:
Types
Less than 720 calories, 720 to 1,000 calories, More than 1,000 calories
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online retail, Specialty stores, Modern trade, Convenience stores, Small groceries stores, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Unilever
- Kroger
- Three Twins Ice Cream
- General Mills
- Rich Ice Cream
- Amy's Ice Creams
- Amul
- Nestle
- Lotte Confectionery
- Arctic Zero
Highlights of The Sugar Free Ice Cream Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Less than 720 calories
- 720 to 1,000 calories
- More than 1,000 calories
- By Application:
- Online retail
- Specialty stores
- Modern trade
- Convenience stores
- Small groceries stores
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sugar Free Ice Cream Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sugar free ice cream is a type of ice cream that does not contain any sugar. This type of ice cream can be made with alternative sweeteners, such as honey or artificial sweeteners.
Some of the major players in the sugar free ice cream market are Unilever, Kroger, Three Twins Ice Cream, General Mills, Rich Ice Cream, Amy's Ice Creams, Amul, Nestle, Lotte Confectionery, Arctic Zero.
The sugar free ice cream market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sugar Free Ice Cream Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sugar Free Ice Cream Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sugar Free Ice Cream Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sugar Free Ice Cream Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sugar Free Ice Cream Market Size & Forecast, 2020-2028
4.5.1 Sugar Free Ice Cream Market Size and Y-o-Y Growth
4.5.2 Sugar Free Ice Cream Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Less than 720 calories
5.2.2 720 to 1
5.2.3 000 calories
5.2.4 More than 1
5.2.5 000 calories
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Online retail
6.2.2 Specialty stores
6.2.3 Modern trade
6.2.4 Convenience stores
6.2.5 Small groceries stores
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sugar Free Ice Cream Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sugar Free Ice Cream Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Less than 720 calories
9.6.2 720 to 1
9.6.3 000 calories
9.6.4 More than 1
9.6.5 000 calories
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Online retail
9.10.2 Specialty stores
9.10.3 Modern trade
9.10.4 Convenience stores
9.10.5 Small groceries stores
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Less than 720 calories
10.6.2 720 to 1
10.6.3 000 calories
10.6.4 More than 1
10.6.5 000 calories
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Online retail
10.10.2 Specialty stores
10.10.3 Modern trade
10.10.4 Convenience stores
10.10.5 Small groceries stores
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Less than 720 calories
11.6.2 720 to 1
11.6.3 000 calories
11.6.4 More than 1
11.6.5 000 calories
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Online retail
11.10.2 Specialty stores
11.10.3 Modern trade
11.10.4 Convenience stores
11.10.5 Small groceries stores
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Less than 720 calories
12.6.2 720 to 1
12.6.3 000 calories
12.6.4 More than 1
12.6.5 000 calories
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Online retail
12.10.2 Specialty stores
12.10.3 Modern trade
12.10.4 Convenience stores
12.10.5 Small groceries stores
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Less than 720 calories
13.6.2 720 to 1
13.6.3 000 calories
13.6.4 More than 1
13.6.5 000 calories
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Online retail
13.10.2 Specialty stores
13.10.3 Modern trade
13.10.4 Convenience stores
13.10.5 Small groceries stores
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sugar Free Ice Cream Market: Competitive Dashboard
14.2 Global Sugar Free Ice Cream Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Unilever
14.3.2 Kroger
14.3.3 Three Twins Ice Cream
14.3.4 General Mills
14.3.5 Rich Ice Cream
14.3.6 Amy's Ice Creams
14.3.7 Amul
14.3.8 Nestle
14.3.9 Lotte Confectionery
14.3.10 Arctic Zero
