Industry Analysis & Industry Trends
The Ice Cream Manufacturing industry has performed positively over the past five years. Revenue is expected to increase at a compound annual rate of 16.3% over the five years through 2015-16. Industry revenue is set to continue rising by 6.5% in 2015-16, to reach $1.2 billion. Ice cream manufacturers have benefited from rising demand for industry products, particularly in the premium and scoop-and-serve segments. Niche operators that provide premium ice cream and gourmet gelato products have been extremely successful over the past five years. Despite high levels of consumer health consciousness and the growing popularity of substitute snacks, demand for the industry's traditional take-home tub segment has remained steady... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Ice Cream Manufacturing industry is in the growing stage of its economic life cycle. Demand for a range of standard and premium ice cream products has increased dramatically over the past five years, which has prompted many new manufacturers to enter the industry. Barriers to entry are moderate due to the relative affordability of entry, which has allowed these new players to enter the industry.
Industry value added (IVA) is used to measure an industry's contribution to the overall economy. IVA is forecast to increase at a compound annual rate of 9.4% over the 10 years through 2020-21. IVA is therefore expected to outperform annualised real GDP growth of 2.6% over the same period. This trend is characteristic of a growing industry... purchase to read more