According to a new report, published by KBV research, The Global Ice Cream Parlour Market size is expected to reach $17.5 billion by 2030, rising at a market growth of 5.3% CAGR during the forecast period.
The Branded/Franchise segment is generating highest revenue in the Global Ice Cream Parlour Market by Type in 2022; thereby, achieving a market value of $10.1 Billion by 2030. Branded/franchise Ice cream parlours are a part of a bigger brand or franchise that runs with stores in numerous areas. Typically, they are associated with a well-known brand name, including Baskin-Robbins, Ben & Jerry's, Cold Stone Creamery, or Dairy Queen. Branded ice cream shops frequently provide the same flavors, menu items, and experiences throughout their locations. In terms of operations, branding, and marketing, a parent company typically provides support and guidelines to a franchise.
The Artisanal Ice Cream segment is experiencing a CAGR of 6.7% during (2023 - 2030). A more recent market trend, artisanal ice creams emphasize craftsmanship, distinctive flavors, and premium ingredients. Using traditional techniques and recipes, experienced artisans produce artisanal ice creams in small batches. They focus primarily on originality, innovation, flavor combinations, and presentation. Natural flavors, fresh fruits, and organic or locally obtained ingredients are frequently found in artisanal ice creams. They contain fewer or no synthetic additives.
The Asia Pacific region dominated the Global Ice Cream Parlour Market by Region in 2022; thereby, achieving a market value of $7.2 Billion by 2030. The Europe market is anticipated to grow a CAGR of 5.1% during (2023 - 2030). Additionally, The North America market would witness a CAGR of 4.4% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/ice-cream-parlour-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Baskin-Robbins Franchising LLC (Inspire Brands, Inc.), Dairy Queen Corporation (Berkshire Hathaway, Inc.), Cold Stone Creamery (MTY Food Group Inc.), Ben & Jerry’s Homemade, Inc. (Unilever PLC), Nestle S.A, CPF SAS, Ghirardelli Chocolate Company (Lindt & Sprüngli Ag), Marble Slab Creamery (FAT Brands Inc.), Sri Srinivasa Dairy Products Pvt Ltd and Natural Ice Creams (Kamaths Ourtimes Ice Creams Pvt. Ltd.).
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