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Ice Cream Manufacturing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Ice Cream Manufacturing Market Research Report | ANZSIC C1132 | Apr 2016

Cream of the crop: The popularity of premium ice cream flavours has driven revenue growth

IBISWorld’s Ice Cream Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 11-16
16.3%
Annual Growth 16-21
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Profit
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Employment
3,356
Businesses
192
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

 


Industry ProductsRelated ReportsTable of Contents

What is the Ice Cream Manufacturing Industry?

Companies in the industry manufacture ice cream, gelato, sorbet and frozen confectionery.

Industry Products
Take-home tubsTake-home multi-packsPremium take-home tubsIndividually packaged productsUnpackaged scoop-and-serve products
 
Industry Activities
Frozen confectioneryIce creamGelatoFrozen water ices or fruit icesSorbetFrozen yoghurt


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