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The Global Alcohol-Infused Ice Cream Market Size is valued at USD 881.49 million in 2023 and is predicted to reach USD 1628.27 million by the year 2031 at an 8.22% CAGR during the forecast period for 2024-2031.
Key Industry Insights & Findings from the Report:
- The trend of alcohol-infused desserts is expected to drive growth in the alcohol-infused ice cream market, providing consumers with a novel and indulgent experience.
- Consumers are increasingly drawn to premium and artisanal ice cream products, contributing to the overall growth of the market.
- The North American region has witnessed a substantial market share due to the widespread consumption of alcohol and a growing commitment to health among the population.
- One of the concerns restraining industry growth is the need for effective marketing strategies to educate consumers about responsible consumption and the unique features of alcohol-infused ice cream.
A confectionary item, "alcohol-infused ice cream," is created by combining ice cream and alcohol. Alcohol-infused ice cream is becoming increasingly popular since it offers sweetness and a mild buzz. Alcohol-infused ice cream is made using a range of alcoholic beverages, including beer, rum, whiskey, and others. Alcohol-infused ice cream is a recent fad on the international market, and businesses that produce it are getting a lot of good reviews from customers.
Additionally, manufacturers are concentrating on experimenting with novel flavors to give their customers various options. The most popular flavors of alcohol-infused ice cream include chocolate whiskey, lemon, salted honey, and salted vanilla. The global alcohol-infused ice cream market has increased due to the rising demand for alcohol-infused products. Ice cream manufacturers were motivated to introduce alcohol to the market by consumer desire for distinctive flavors. During the projected period, this aspect is anticipated to fuel the expansion of the market for alcohol-infused ice cream.
Moreover, with the help of a recent invention called alcohol-infused ice cream, customers may now indulge in their preferred alcoholic beverage outside of pubs and eateries. When participating in outdoor activities like picnics and camping trips, customers can benefit from the product's availability in a range of package sizes, which is one of the main elements driving the growth of the alcohol-infused ice cream market.
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Some of the major key players in the Alcohol-Infused Ice Cream market are :
- Buzz Bar, LLC.
- Quore Gelato
- Speakeasy Ice Creams Limited
- Haagen-Dazs
- SnoBar Cocktails
- PROOF Alcohol-infused ice cream
- Hardscoop, Inc.
- Tipsy Scoop LLC.
- Arctic Buzz Ice Cream
- POPd Lt
- Clementine's Naughty and Nice Creamery
- Ben & Jerry's Homemade, Inc
- Aubi & Ramsa 21 Ice Cream Co.
- DizziBrands
- New Orleans Ice Cream Company
- Mercer's Dairy
- LiQ NV
- Salt & Straw, LLC.
- Jeni's Splendid Ice Creams, LLC.
- Oddfellows Ice Cream Company
Market Segmentation:
The alcohol-infused ice cream market is segmented based on ABV, distributional channel and flavor. Based on abv, the market is segmented as low alcohol and high alcohol. By distributional channel, the market is segmented into offline and online stores. By Flavor, the market is segmented into Beer, Rum, Vodka, and Others.
Based on ABV, the low alcohol segment is a significant contributor to the alcohol-infused ice cream market
The low-alcohol category is expected to hold a significant share of the global alcohol-infused ice cream market in 2021. Since it may be served at birthdays and anniversaries, weddings, and other special events, low-alcohol ice cream has grown to be one of the most popular product categories for ice cream companies. Less than 0.75% of it is alcohol. Although it lacks the intoxicating properties of alcoholic beverages, it nonetheless imparts a flavor or aroma of the small dosages suitable for adults and children.
The beer segment witnessed growth at a rapid rate
The beer segment is projected to grow rapidly in the global alcohol-infused ice cream market. This is because beer is produced, consumed, and traded globally and is well-liked by young people everywhere. Due to ongoing innovation in flavors, tastes, manufacturing, and other areas, the populace gravitates toward high-end, mild, and premium beverage items, including alcohol-infused ice cream. As a result, throughout the projection period, the factors mentioned above are anticipated to fuel the volume expansion of ice cream with added alcohol in the beer category., especially in countries such as the US, Germany, the UK, China, and India.
The North America alcohol-infused ice cream market holds a significant regional revenue share
The alcohol-infused ice cream market in North America is anticipated to have the largest revenue share in the near future. This can be due to the region's huge focus on the environment, as well as the increased acceptance of alcohol-infused ice cream in several industries, including as food and beverage, personal care, packaging, automotive, and others.
In addition, the region's chemical sector is concentrating on the production of alcohol-infused ice cream in an effort to find ecologically beneficial and sustainable solutions. Increasing demand for bio-based components across sectors and widespread acceptance of alcohol-infused ice cream in the manufacturing of intermediate chemicals in the area are factors driving market expansion in the region.
Furthermore, Asia-Pacific is anticipated to develop at a high rate in the global market for alcohol-infused ice cream due to rising environmental concerns, rapid industrialization, government efforts, and increased financing for different sectors.
Alcohol-Infused Ice Cream Market Report Scope:
|
Report Attribute |
Specifications |
|
Market size value in 2023 |
USD 881.49 million |
|
Revenue forecast in 2031 |
USD 1628.27 million |
|
Growth rate CAGR |
CAGR of 8.22% from 2024 to 2031 |
|
Quantitative units |
Representation of revenue in US$ Million, and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
|
Forecast Year |
2024-2031 |
|
Report coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments covered |
ABV, Distributional Channel and Flavor |
|
Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
|
Competitive Landscape |
Buzz Bar, LLC. , Quore Gelato, Speakeasy Ice Creams Limited, Haagen-Dazs, SnoBar Cocktails, PROOF Alcohol Ice Cream, Hardscoop, Inc., Tipsy Scoop LLC., Arctic Buzz Ice Cream, POPd Ltd., Clementine's Naughty and Nice Creamery, Ben & Jerry's Homemade, Inc., Aubi & Ramsa 21 Ice Cream Co., DizziBrands, LLC, New Orleans Ice Cream Company, Mercer's Dairy, LiQ NV, Salt & Straw, LLC., Jeni's Splendid Ice Creams, LLC., Oddfellows Ice Cream Company |
|
Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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