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2021

Sugar-Free Ice Cream Market

Sugar-Free Ice Cream Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type, Form, End Use and Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2021-2030

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Author's: Aniket Kadam | Roshan Deshmukh
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The global sugar-free ice cream market size was valued at $2,524.5 million in 2020, and is estimated to reach $7,355.0 million by 2030, registering a CAGR of 9.6% from 2021 to 2030. 

Sugar-free ice cream is defined as an ice cream that has no sugar that is preferred by mostly young children as well as old folks. Most common flavors present in product are vanilla, chocolate, mint chip, strawberry, salted caramel, peanut butter, and coffee.

Sugar-Free-Ice-Cream-Market--2021-2030

Availability of various flavored ice creams is one of the key driving factor of the global sugar-free ice cream market. In addition, innovation, processing, and packaging are the key aspects of the ice cream industry. Moreover, increase in health consciousness along with rise in consciousness about appearance among customers and variation in consumer eating habits & tastes drive innovation. Manufacturers are increasing their product range by including functional ingredients, organic herbal fillings, and exotic flavors in product formulations to meet the changing consumers’ demands.

Vanilla, chocolate, strawberry, and mint-chip are the most popular flavors among the consumers as per the survey conducted by the International Dairy Foods Association (IDFA). Around 92% of the U.S. consumers prefer vanilla flavor. According to IDFA, chocolate is the most preferred flavor just after vanilla among the consumers. Moreover, cocoa powder used in sugar free ice creams is a rich source of theobromine that protects from diseases such as cancer, diabetes, and heart disease. These health benefits will improve the demand for the chocolate flavor sugar free ice cream among the population across the globe during the forecast period. 

According to a survey conducted by the International Ice Cream Association, strawberry flavor is the third-most preferred flavors, preferred by around 5.3% of the population. Strawberry is known for its beneficial qualities such as remedy for anxiety and stress, enhances fertility, helps in gaining healthy muscles, rich source of calcium, helps in weight loss, and healthy for brain functioning. 

Salted caramel is considered as an idle flavoring for dairy products like ice cream due to the popularity of sweet and salty taste among the consumers. It is becoming popular especially in North America. The sweet and salty combination is likely to dominate the food industry in the upcoming years because it is satisfying and delicious for the consumers.

Sugar-Free Ice Cream Market
By Flavor
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Salted Caramel segment is expected to grow at highest CAGR of 10.9% during the forecast period

COVID-19 impact on sugar-free ice cream market

The overall impact of COVID-19 was negative on the sugar-free ice cream industry due to the lockdown rules and regulation imposed globally. Apart from few fast-moving consumer good (FMCG) products such as snacks, personal care products, and other food related products, the demand for sugar-free ice cream has also declined. Moreover, the outbreak of COVID-19 pandemic had led to partial or complete shutdown of production facilities, which do not come under essential goods, owing to prolonged lockdown in major countries such as the U.S., China, Japan, India, and Germany. It has led to either closure or suspension of their production activities in most of the industrial units across the world.

Sugar-Free Ice Cream Market
By Form
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Sandwich segment is expected to grow at highest CAGR of 10.1% during the forecast period.

As ice cream is not considered under essential item, its production facilities were not allowed to operate. This resulted in huge losses for players operating in the global sugar-free ice cream market. Moreover, the supply chains were severely disrupted due to the travelling restrictions. Ice creams at grocery shops were out of stock as people in many countries such as the U.S., Germany, and the UK were hoarding sugar-free and regular ice cream for at-home consumption according to their preferences. This created a huge gap between demand and supply.

Sugar-free ice cream is mostly preferred by health freaks and diabetic population. However, its consumption is declining among the diabetic population due to the outbreak of COVID-19. According to World Health Organization, around 422 million individuals were suffering from diabetes across the globe. According to the International Diabetes Federation (IDF), geriatric population and individuals with medical conditions such as diabetes are more vulnerable to be severely affected with the COVID-19 virus. However, sugar-free ice cream demand increased among the fitness freaks and health-conscious population during this pandemic, as ice cream stimulates neurotransmitter dopamine in brain, which makes a person happy. These factors will play an essential role in the sugar-free ice cream market growth in the upcoming years.

Sugar-Free Ice Cream Market
By End-use
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B2B segment is expected to grow at highest CAGR of 9.8% during the forecast period.

According to the sugar-free ice cream market analysis, the market is segmented on the basis of type, form, end use, distribution channel, and region. Depending on the type, the market is categorized into vanilla, chocolate, mint chip, strawberry, salted caramel, peanut butter, coffee, and others. As per form, it is divided into pints, bars/stick, sandwich, and others. 

Sugar-Free Ice Cream Market
By Distribution Channel
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Others segment is expected to grow at highest CAGR of 10.0% during the forecast period.

According to the sugar-free market forecast, based on the end use, the sugar-free ice cream market is fragmented into B2B and B2C. Depending on the distribution channel, the market is segregated into supermarkets & hypermarkets, convenience store, specialty stores, and online sales channel. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Finland, Sweden, Denmark, Poland, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, Singapore, Australia, New Zealand, and the rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia and the rest of LAMEA).

Sugar-Free Ice Cream Market
By Regions
2030
North America 
Europe
Asia-Pacific
LAMEA

Asia-Pacific dominates the market and is expected to grow at highest CAGR of 10.2% during the forecast period.

The major players operating in the global sugar-free ice-cream market are Amul, Baskin-Robbins, Beyond Better Foods, LLC, Havmor, Hershey Creamery Company, Mammoth Creameries, Nestlé S.A, Turkey Hill Dairy, Unilever, and Wells Enterprises, Inc. The major players are engaged in key developmental strategies such as mergers, acquisitions, and product launches in order to gain the sugar-free ice cream market share and exploit the sugar-free ice cream market opportunities.

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging sugar-free market trends and opportunities.
  • The report provides detailed qualitative and quantitative analysis of current trends and future estimations that help evaluate prevailing market opportunities.
  • A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
  • An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
  • The report provides extensive qualitative insights on the potential segments or regions exhibiting favorable growth.

Key Market Segments

By Type

  • Vanilla
  • Chocolate
  • Mint Chip
  • Strawberry
  • Salted Caramel
  • Peanut Butter
  • Coffee
  • Others

By Form

  • Pints
  • Bars/Stick
  • Sandwich
  • Others

By End Use

  • B2B
  • B2C

By Distribution Channel

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Sales Channel

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe 
    • UK
    • Finland
    • Sweden
    • Denmark
    • Poland
    • Italy
    • Rest of Europe
  •  Asia-Pacific
    • China
    • Japan
    • India
    • Singapore
    • Australia
    • New Zealand
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • South Africa
    • Saudi Arabia
    • Rest of LAMEA

Sugar-Free Ice Cream Market Report Highlights

Aspects Details
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By Type
  • Vanilla
  • Chocolate
  • Mint Chip
  • Strawberry
  • Salted Caramel
  • Peanut Butter
  • Coffee
  • Others
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By Form
  • Pints
  • Bars/Stick
  • Sandwich
  • Others
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By End Use
  • B2B
  • B2C
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By Distribution Channel
  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Sales Channel
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

Wells Enterprises, Inc, Mammoth Creameries, Turkey Hill Dairy, .Baskin-Robbins, Nestlé S.A, .Havmor, .Hershey Creamery Company, Beyond Better Foods, LLC, Amul, Unilever plc

Analyst Review

Based on the opinions of the CXOs of leading companies, fad diet tends to be more appealing. People are more concerned to lose inches and pounds rather than reducing the risk of heart disease and diabetes that make fad diets most popular among the population. Majority of the population is concerned about their appearances, hence, most of the people are following fad diet. Sugar-free ice cream meet the requirements of individual following of fad diets, as it contains low carbohydrate and no sugar. Most of the people perceive that sugar-free products are  a healthy option for them, which is not in some cases. Sugar-free ice cream may increase bad cholesterol levels and may increase the risk of heart disease. Therefore, the perception of consumers regarding sugar-free labelled products is expected to hamper the growth of global sugar-free ice cream market during the forecast period.

The CXOs further added that the online distribution channel is expected to become a significant part of the sugar-free ice cream market. This is attributed to the fact that the outbreak of the COVID-19 pandemic changed the buying pattern of consumers across the globe. For instance, the in-home consumption of ice cream has increased considerably while the impulse consumption drastically declined in 2020. Moreover, Hindustan Unilever listed its ice cream pushcarts on Swiggy, a food delivering platform. Havmor partnered with online delivering platforms such as Dunzo and Zomato to serve the at-home consumption and boost the sugar-free ice cream sales during the global health crisis. These steps of the industry leaders may change the face of the sugar-free ice cream distribution channel in the forthcoming years.

 

Author Name(s) : Aniket Kadam | Roshan Deshmukh
Frequently Asked Questions?

The global sugar-free ice cream market was valued at $2,524.5 million in 2020, and is estimated to reach $7,355.0 million by 2030, registering a CAGR of 9.6% from 2021 to 2030. The growing prevalence of obesity and diabetes among the ice cream consumers is fueling the demand for the sugar-free ice cream and hence fostering the growth of the global sugar-free ice cream market during the forecast period.

The forecast period is estimated in the global sugar-free ice cream market report is from 2021 to 2030. The global sugar-free ice cream market was valued at $2,524.5 million in 2020, and is estimated to reach $7,355.0 million by 2030, registering a CAGR of 9.6% from 2021 to 2030. The growing health consciousness among the ice cream consumers is fueling the growth of the market.

The base year calculated in the global sugar-free ice cream market is 2020. The global sugar-free ice cream market was valued at $2,524.5 million in 2020, and is estimated to reach $7,355.0 million by 2030, registering a CAGR of 9.6% from 2021 to 2030. The report provides a detailed analysis of the impact of COVID-19 that emerged in the year 2020.

The major players operating in the global sugar-free ice-cream market are Amul, Baskin-Robbins, Beyond Better Foods, LLC, Havmor, Hershey Creamery Company, Mammoth Creameries, Nestlé S.A, Turkey Hill Dairy, Unilever, and Wells Enterprises, Inc. The major players are engaged in key developmental strategies such as mergers, acquisitions, and product launches in order to gain the sugar-free ice cream market share and exploit the sugar-free ice cream market opportunities.

According to the sugar-free ice cream market analysis, based on the flavor, the salted caramel is expected to witness a significant growth rate especially in North America, due to its growing popularity among the consumers. The sweet and salty combination is likely to dominate the food industry in the upcoming years because it is satisfying and delicious for the consumers.

Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Finland, Sweden, Denmark, Poland, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, Singapore, Australia, New Zealand, and the rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia and the rest of LAMEA). North America is the largest market for the sugar-free ice cream due to high disposable income and demand for healthy and low-calorie food products.

The major players operating in the global sugar-free ice-cream market are Amul, Baskin-Robbins, Beyond Better Foods, LLC, Havmor, Hershey Creamery Company, Mammoth Creameries, Nestlé S.A, Turkey Hill Dairy, Unilever, and Wells Enterprises, Inc. The major players are engaged in key developmental strategies such as mergers, acquisitions, and product launches in order to gain the sugar-free ice cream market share and exploit the sugar-free ice cream market opportunities.

The global sugar-free ice cream market was valued at $2,524.5 million in 2020, and is estimated to reach $7,355.0 million by 2030, registering a CAGR of 9.6% from 2021 to 2030. The growing prevalence of obesity and diabetes among the ice cream consumers is fueling the demand for the sugar-free ice cream and hence fostering the growth of the global sugar-free ice cream market during the forecast period.

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Sugar-Free Ice Cream Market

Global Opportunity Analysis and Industry Forecast, 2021-2030