Report Overview

The Australia ice cream market size is estimated to be valued at AUD 1386.42 million in 2023. It is expected to grow at a CAGR of 1.51% between 2024 and 2032 to reach almost AUD 1586.62 million by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • As per ABS, in 2023, Victoria witnessed around 2.7% of population change over the year whereas it was1.7% for South Australia.
  • In 2023, 37.6% of the population in Queensland belonged to the age group 0-14 years whereas it was 35.8% in Victoria.
  • Little Moons has recently launched new flavours including Himalayan salted caramel, Madagascan vanilla, golden blond chocolate etc.

Australia Ice Cream Market Growth

Compound Annual Growth Rate

Value in AUD million

1.51%

2024-2032


Australia Ice Cream Market Outlook

*this image is indicative*

The Australia ice cream market comprises categories including take-home ice cream, artisanal ice cream, and impulse ice cream. They provide various health benefits including maintenance of nutritious balance, brain activity and providing energy to the body.

Australia Ice Cream Market Report

According to the Australia Bureau of Statistics, in 2023, the population change over the year in Victoria was around 2.7% whereas in South Australia it was 1.7%. Thus, the growing population is supplementing the Australia ice cream market growth.

Australia Ice Cream Market Summary Description Value
Base Year AUD Million 2023
Historical period AUD Million 2018-2023
Forecast Period AUD Million 2024-2032
Market Size 2023 AUD Million 1,386.4
Market Size 2032 AUD Million 1,586.6
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 1.5%
CAGR 2024-2032 - Market by Region New South Wales 1.7%
CAGR 2024-2032 - Market by Region Western Australia 1.4%
CAGR 2024-2032 - Market by Category Artisanal Ice Cream 1.7%
CAGR 2024-2032 - Market by End Use Online Stores 1.9%
Market Share by Region Victoria 19.6%

Australia Ice Cream Market Trends

As per the Australia ice cream market report, the introduction of sustainable packaging has created a major impact on the market as it has helped in reducing plastic wastage. Moreover, ice cream also provides various health benefits including energy, activation of brain, nutritious supply etc.

New flavours of ice cream are also being introduced in the market including Himalayan salted caramel, golden blond chocolate, creamy coconut etc. which is increasing the ice cream business.

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Australia Ice Cream Market Segmentation

Australia Ice Cream Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Category

  • Artisanal Ice Cream
  • Impulse Ice Cream
  • Take-Home Ice Cream

Market Breakup by Flavour

  • Vanilla
  • Chocolate
  • Fruit
  • Others

Market Breakup by Product

  • Stick
  • Tub
  • Cup
  • Brick
  • Cone
  • Others

Market Breakup by End Use

  • Retailers
  • Food Service

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Stores
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others

The Australia ice cream market growth is driven by the impulse ice cream category

Impulse ice cream offers various benefits including easy portability, helps in maintaining a balanced diet due to serving size and is also available in various flavours. Moreover, they are affordable as compared to artisanal ice cream and due to the presence of preservatives, they have higher shelf life.

Based on the flavour, the Australia ice cream market share is led by Vanilla

Vanilla-flavoured ice cream is mostly preferred over other flavours as they provide benefits including maintaining gut health, and can be fused with other ingredients including chocolate, caramel, fruits etc. Moreover, they act as antioxidants and also contain calming scent which helps in uplifting users moods.

The Australia ice cream market growth is driven by cup form of packaging

Australia ice cream market is being led by the cup form of packaging over other forms as they help individuals maintain portion sizes of their ice cream and allow the easy mixing of various toppings over the same. Moreover, they are convenient to carry and better protection against moisture.

Based on the end use, the Australia ice cream market is led by food services

The market growth is being guided by the increase in the number of food service providers as they offer advantages including the options of various mixing in them. They also allow users to have ice cream in the dessert after having the food in the restaurants.

The Australia ice cream market growth is driven by supermarkets and hypermarkets

Supermarkets and hypermarkets are convenient for users to buy ice cream. Moreover, they also offer various pricing offers and also provide the optimum temperature for the storage of ice cream thus impacting the market of ice cream.

Competitive Landscape

The Australia ice cream market competitiveness is characterized by the rising number of product launches, growing partnerships, and focus on sustainable packaging.

Supatreats Australia Pty. Ltd.

Supatreats Australia Pty. Ltd. was founded in 1979 and is a New South Wales-based company. It offers various ice cream sundaes and treats in the form of waffle-cone, cups and cones.

Golden North Ice Cream

Golden North Ice Cream, was founded in 1923 and is a Nailsworth, South Australia-based company. It creates various ice creams including take home tubs, take home multipacks and Icecreamery ranges.

Unilever Limited

Unilever Limited, was founded in 1872 and is headquartered in Blackfriars, London. It is involved in the manufacturing of various product ranges including personal care, ice cream, home care, nutrition and beauty.

Invidia Foods

Invidia Foods is headquartered in Reservoir, Victoria. It manufactures various products including choc tops, ice creams, gelato and ripple.

Other Australia ice cream market key players are Australasian Food Group Pty Limited, General Mills Inc., Regal Cream Products Pty Ltd., and Supatreats Australia Pty. Ltd among others.

Australia Ice Cream Market Analysis by Region

According to the Australia Bureau of Statistics, in 2023, Queensland had 37.6% of the population for the age group 0-14 years whereas it was around 35.8% in Victoria. This indicates that Queensland holds a relatively higher potential in the Australia ice cream market in comparison to other states.

CAGR 2024-2032 - Market by Region
New South Wales 1.7%
Western Australia 1.4%
Others 1.2%
Victoria XX%
Queensland XX%
Australian Capital Territory XX%

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market was valued at AUD 1386.42 million in 2023.

The market is projected to grow at a CAGR of 1.51% between 2024 and 2032.

The revenue generated from the market is expected to reach AUD 1586.62 million in 2032.

The ice cream market is growing with an increasing focus on sustainable packaging, introduction of new flavours, collaborative innovations, and health benefits.

Based on the category, the ice cream market is bifurcated into artisanal ice cream, take-home ice cream and impulse ice cream.

Key players in the Australia ice cream industry are Supatreats Australia Pty. Ltd., Golden North Ice Cream, Unilever Limited, Invidia Foods, Australasian Food Group Pty Limited, General Mills Inc., Regal Cream Products Pty Ltd., and Supatreats Australia Pty. Ltd among others.

Based on product type, the ice cream market is divided into sticks, tubs, bricks, cones, cups, and others.

The different flavours of ice cream include chocolate, vanilla, fruit, and others.

The market is broken down into New South Wales, Victoria, Queensland, the Australia Capital Territory, Western Australia, and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Category
  • Flavour
  • Product
  • End Use
  • Distribution Channel
  • Region
Breakup by Category
  • Artisanal Ice Cream
  • Impulse Ice Cream
  • Take-Home Ice Cream
Breakup by Flavour
  • Vanilla
  • Chocolate
  • Fruit
  • Others
Breakup by Product
  • Stick
  • Tub
  • Cup
  • Brick
  • Cone
  • Others
Breakup by End Use
  • Retailers
  • Food Service
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Speciality Stores
  • Online Stores
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Australasian Food Group Pty Limited 
  • Golden North Ice Cream  
  • General Mills Inc.  
  • Unilever Limited
  • Regal Cream Products Pty Ltd.  
  • Invidia Foods  
  • Supatreats Australia Pty. Ltd. 
  • Others

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