Overview

Cherry on top: The increasing popularity of premium gelato stores is driving industry growth

IBISWorld’s Ice Cream Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

REPORT SNAPSHOT

Industry Analysis & Industry Trends

A high proportion of establishments in the Ice Cream Stores industry are operated under franchise agreements. Steady growth in store numbers over the past five years, particularly through franchises in regional areas, has helped the industry to reach a larger market. With a wide range of products and markets to target, the industry has been able to expand steadily over the period. Industry growth has also been driven by a greater number of ice cream stores providing high-end, premium and gourmet ice cream products. Some of these stores manufacture gelato by hand and follow traditional Italian recipes, attracting a large and loyal following. These ice cream and gelato stores are able to charge higher prices, resulting in higher profit margins...

shopping_cartBUY NOW TO READ MORE

What is the Ice Cream Stores industry?

The industry has a medium capital intensity level as labour costs are relatively high as a proportion of industry revenue, while capital requirements are moderate due to investments in freezers, display cabinets, and ice cream storage and processing equipment. In 2016-17, total industry wages are estimated to account for 22.5% of industry revenue, with depreciation estimated at 3.7%. This means that for each dollar required for staff and labour costs, approximately $0.16 will be invested in capital equipment, vehicles and buildings during the year.

Companies in the industry that deliver ice cream, such as Home Ice Cream, require capital to purchase and update delivery vehicles. Alt...

shopping_cartBUY NOW TO READ MORE

Additional Insights for the Ice Cream Stores Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Ice Cream Stores Industry are

  • Ability to attract local support and patronage
  • Ability to control stock on hand
  • Ability to franchise operations
  • IBISWorld analysts also discuss how external factors such as Domestic price of milk and Real household discretionary income in the Ice Cream Stores industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Click here to read our

    New Zealand Special Report

    Products & Brands

    Major products in this industry
    Ice cream sundaes
    Ice cream cakes
    Gelato
    Sorbet
    Soft-serve ice cream
    Hard-serve ice cream
    Yoghurt products
    Other food and drink products
    Examples of brands in this Industry
    Baskin-Robbins
    Cold Rock Ice Creamery
    Mr Whippy
    Trampoline
    New Zealand Natural
    Wendy's

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Domestic price of milk
  • Real household discretionary income
  • Domestic price of sugar
  • Health consciousness

  • Current Performance
  • Revenue and profit growth
  • Franchising growth
  • Milk and input pricing
  • Enterprise and employment
  • Chart: Revenue Growth

  • Industry Outlook
  • Revenue and profit growth
  • Franchise popularity
  • Enterprise and employment increases
  • Table: Ice Cream Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Ice Cream Stores Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Chocolate and Confectionery Manufacturing
  • Dairy Produce Wholesaling
  • Ice Cream Manufacturing
  • Mining and Industrial Machinery Wholesaling
  • Paper Product Wholesaling

  • Products & Services
  • Hard-serve ice cream
  • Gelato
  • Soft-serve ice cream
  • Yoghurt products
  • Other food and drink products
  • Sorbet
  • Ice cream sundaes
  • Ice cream cakes
  • Chart: Ice Cream Stores Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Highest quintile
  • Fourth quintile
  • Third quintile
  • Second quintile
  • Lowest quintile
  • Chart: Major Market Segmentation for the Ice Cream Stores Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Ice Cream Stores

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Ice Cream Stores Industry

  • Industry Globalization
    Major Companies
    Baskin-Robbins Australia Pty LimitedSupatreats Australia Holdings Pty LtdFranchised Food Company Pty LtdNZN Holdings Pty Limited
  • Table: Baskin-Robbins Australia Pty Limited - financial performance
  • Table: Supatreats Australia Holdings Pty Ltd - financial performance
  • Table: Franchised Food Company Pty Ltd - financial performance
  • Table: NZN Holdings Pty Limited - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Ice Cream Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Ice Cream Stores Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Franchisee
  • A franchisee pays a franchisor a fee for the intellectual property of a business and the right to run a franchise store under certain conditions for a set period of time.
  • Hard-Serve Ice Cream
  • Includes hard-scoop ice cream that is placed in a cone or eaten with a spoon.
  • Master Franchise
  • A master franchise is a contract between a brand owner and a master franchisee to manage the franchising activities within a region or territory.
  • Royalties
  • Money paid by the franchisee to the franchisor for the use of intellectual property and training material. Royalties are typically set as a proportion of a store's revenue paid on a recurring basis.
  • Soft Serve Ice Cream
  • Soft ice cream that can be eaten with a cone, in a cup or used to make milkshakes and thick shakes.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Ice Cream Stores:
    • 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 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

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Ice Cream Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear