Ice Cream Stores in Australia - Market Research Report

Ice Cream Stores industry trends (2014-2019)

poll Average industry growth 2014–2019: 0.6%

Players in the Ice Cream Stores industry have faced mixed conditions over the past five years. Many industry establishments operate under franchise agreements. However, many individual stores of traditional ice cream store franchises, such as Wendy's, have closed over the past five years, as rising industry competition and growing rent costs have significantly reduced profit margins. Conversely, the number of ice cream stores providing high-end, premium and gourmet ice cream products has increased. These ice cream and gelato stores can charge higher prices, resulting in higher profit margins. Evolving consumer tastes have been boosting industry demand for premium products such as gelato and sorbet over the past five years. Companies such as Ben & Je...
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Ice Cream Stores industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Ice Cream Stores industry's revenue is projected to continue growing over the next five years. More ice cream stores are likely to open across the country as new players enter the industry to capitalise on rising demand for premium product lines. A projected increase in household discretionary income and anticipated positive consumer sentiment over the next five years are also likely to drive demand for premium ice cream and other industry products. However, health consciousness among consumers is projected to increase over the period, which will likely prompt more people to move away from industry products due to the high fat and sugar content of ice cream. More industry players are anticipated to offer healthy alternatives, such as dairy-free a...
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Ice Cream Stores industry statistics

  • attach_money Market Size: $448m
  • business Number of Businesses: 988
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 2,786

Biggest companies in the Ice Cream Stores industry

The companies holding the largest market share in the Ice Cream Stores in Australia industry include Supatreats Australia Holdings Pty Ltd, Franchised Food Company Pty Ltd, Baskin-Robbins Australia Pty Limited and Gelatissimo Pty Ltd.

  • pie_chart Supatreats Australia Holdings Pty Ltd Market Share: x.x%
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  • pie_chart Franchised Food Company Pty Ltd Market Share: x.x%
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  • pie_chart Baskin-Robbins Australia Pty Limited Market Share: x.x%
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  • pie_chart Gelatissimo Pty Ltd Market Share: x.x%
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What is Ice Cream Stores industry?

Industry Definition

The industry includes retail outlets that primarily prepare or serve ice cream, ice cream treats, gelato, yoghurt, frozen yoghurt and sorbet. Industry stores may provide products for consumption on site, takeaway or delivery. Some ice cream stores also sell other food and drink products, such as hot dogs, waffles, smoothies and milkshakes.

Industry Products and Services

  • Ice cream sundaes
  • Ice cream cakes
  • Gelato
  • Sorbet
  • Soft-serve ice cream
  • Hard-serve ice cream
  • Yoghurt products
  • Other food and drink products

Industry Activities

  • Selling ice cream
  • Selling gelato, yoghurt, frozen yoghurt, sorbet and other products

Market research report - table of contents

Industry Definition

The industry includes retail outlets that primarily prepare or serve ice cream, ice cream treats, gelato, yoghurt, frozen yoghurt and sorbet. Industry stores may provide products for consumption on site, takeaway or delivery. Some ice cream stores also sell other food and drink products, such as hot dogs, waffles, smoothies and milkshakes.

Main Activities

  • Selling ice cream
  • Selling gelato, yoghurt, frozen yoghurt, sorbet and other products

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Discretionary income refers to the income remaining after all essential expenses have been paid. When discretionary income increases, consumers have more ...
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Real household discretionary income
Health consciousness
Domestic price of milk
Domestic price of sugar

Current Performance

Franchising
Milk and input pricing
Industry participation
 Chart: Revenue Growth

Industry Outlook

Changing product mix
Industry participation
 Table: Ice Cream Stores in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Ice Cream Stores in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Consumers in Australia






Key Selling Industries

Ice Cream Manufacturing in Australia
Chocolate and Confectionery Manufacturing in Australia
Mining and Industrial Machinery Wholesaling in Australia
Dairy Produce Wholesaling in Australia
Paper Product Wholesaling in Australia


Products & Services

The Ice Cream Stores industry sells a wide range of ice cream and related products to consumers. The main product segments are hard-serve ice cream, soft-...
Consumers aged 25 to 44
Consumers aged under 25 years old
Consumers aged 65 and older



Demand Determinants

A key demand driver for industry products is discretionary income. When discretionary income increases, consumers are more willing to purchase ice cream i...
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Major Markets

Consumers aged 25 to 44
Consumers aged under 25 years old
Consumers aged 65 and older




 Chart: Major Market Segmentation for the Ice Cream Stores in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The industry displays low market share concentration, with the four largest players accounting for under 40% of revenue in 2019-20. There are a number of ...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Ice Cream Stores in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Ice Cream Stores in Australia - Market Research Report Industry

Industry Globalization

Supatreats Australia Holdings Pty Ltd is the brand owner of the Wendy's chain of ice cream stores. The first Wendy's store was established in 1979 in Sout...
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Wendys

 Table: Wendys - financial performance

Franchised Food Company

 Table: Franchised Food Company - financial performance

Baskin-Robbins Australia

 Table: Baskin-Robbins Australia - financial performance

Gelatissimo

 Table: Gelatissimo - financial performance

Capital Intensity

Capital intensity in the Ice Cream Stores industry is moderate. For every dollar spent on capital, an estimated $5.95 is spent on wages. This reflects the...
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 Chart: Level of Capital Intensity for the Ice Cream Stores in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Ice Cream Stores in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

FRANCHISEE

HARD-SERVE ICE CREAM

MASTER FRANCHISE

SOFT SERVE ICE CREAM

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Ice Cream Stores industry?

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This report on Ice Cream Stores in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Ice Cream Stores in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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